Jump to content

House passed the bill. Still no positive response from market yet


veeraveeraleaks

Recommended Posts

48 minutes ago, veeraveeraleaks said:

I think vomerica pressed panic button already....

ee picha kuntla eshalu ese badulu lock down pedithey oka 10 days better... 

or else the high covid numbers will fcuk the Dow numbers

Link to comment
Share on other sites

3 minutes ago, Sucker said:

Only residents anukunta chuskondi bro. Malla tarvatha public charge antaru.

its a trap... public charge kinda rejections cheyyalsindey antunna @USCIS

Link to comment
Share on other sites

1 minute ago, jefferson1 said:

paina yes annav , article lo no ani undi

“Resident aliens” are people who have green cards or people who can prove that they have been physically present in the United States long enough to establish “substantial presence,” as per U.S. tax law.

But just because a person has a Social Security number doesn’t mean they automatically qualify. Jackie Vimo, an economic justice policy analyst at the National Immigration Law Center, said if the tax-filer’s spouse or child doesn’t have a Social Security number no one in the family will be able to claim the credit.

For example, if someone lives in a “mixed-status” household — meaning that if anyone in the family (tax filers and their children) uses an ITIN — an individual taxpayer identification number — rather than a Social Security number, the family does not qualify for the relief payment. (The only exception would be if one spouse has a Social Security number and at least one spouse served in the military in the last 2019 tax year.)

An ITIN is a tax processing number issued by the Internal Revenue Service to ensure that people – including unauthorized immigrants – pay taxes even if they do not have a Social Security number, regardless of their immigration status.

ITIN filers collectively contribute an estimated $11.74 billion in state and local taxes each year, according to the Institute on Taxation and Economic Policy. In 2015, ITIN filers paid $23.6 billion in total federal taxes.

Deferred Action for Childhood Arrivals (DACA) and Temporary Protected Status (TPS) holders would be able to qualify for the money because they are issued Social Security numbers.

About 16.7 million people live in mixed-status families in the United States since March 2019, according to the Migration Policy Institute. About 11 million of those people are undocumented.

Shamefully, several million immigrants and their families across the country who are working and paying taxes will not receive a dollar from this COVID-19 relief package,” the National Immigration Law Center said in a statement. “Immigrants are on the front lines confronting this virus in our health care sector, harvesting food for our tables, and caring for our loved ones. We had hoped our congressional leaders would have done the right thing and included them in this relief package.”

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...