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US citizens: free money from the IRS

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ScienceTeacher · 10/04/2008 12:32

I just received a notification that the IRS is thinking of giving us some free money! It is called an Economic Stimulus Payment, and worth $1200 (married filing jointly) and $300 per child.

I checked and it does seem that overseas residents are just as eligible - it's all to do with your Adjusted Gross Income.

We've been notified because we do a 1040 every year. If you don't normally do a 1040 because you don't earn enough, you won't get anything. You need to file a 1040 this year (you are allowed to do this). I think you have to have an AGI of at least $3000 to qualify.

More info from here: IRS

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