With a view to alleviating some of the economic impact of COVID-19, the United States Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act at the end of March. This legislation includes support for Americans living in Japan.
“The good news is that U.S. citizens and green card holders residing in Japan are qualified to receive the U.S. coronavirus disbursement, which is being handled by the Internal Revenue Service (IRS),” says Tokyo-based taxation expert Calvin Tong.
Tong will be familiar to many readers, having helped with previous Lifelines columns about U.S. tax issues. This time he is joined by fellow international taxation specialist Ken Guilfoyle, as they deal with some frequently asked questions on who qualifies for the payment, how to apply and what to do once the payment is made.