Welcome back to the Immigration Lawyer Blog, where we discuss all things immigration. In this video, attorney Jacob Sapochnick discusses the new Coronavirus Aid, Relief, and Economic Security Act (CARES) and answers a very important question: are immigrants eligible for CARES Act checks?
Keep watching for more information.
Overview:
What is the CARES Act?
The CARES Act is a new piece of legislation passed by Congress and signed into law by the President that is designed to provide temporary emergency relief to certain individuals who qualify.
What does the Act do?
For single individuals earning less than $75,000 the Act authorizes a one-time payment of $1,200.
For married couples filing jointly who earn less than $150,000, the Act authorizes each spouse a one-time payment of $1,200 (total $2,400).
Families with children can expect to receive $500 for each child.
Example: A family of four earning less than $150,000 can expect to receive $3,400 under the Act.
Payments begin to phase out at $75,000 for single individuals, $122,500 for heads of household, and $150,000 for joint taxpayers. Single taxpayers with no children earning $99,000 or more and joint taxpayers earning $198,000 are not eligible for payments.