• Monte Silver, Tax lawyer

Congress releases draft COVID bill




Congress releases draft COVID bill.


Here are two of the main provisions at may impact expats:

  • Giving working families an additional direct payment of $1,400 per person—bringing their total relief to $2,000 per person.

  • Expands the Child Tax Credit to $3,000 per child ($3,600 for children under 6), and makes it fully refundable and advanceable.

https://waysandmeans.house.gov/media-center/press-releases/chairman-neal-announces-markup-covid-19-relief-measures

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