US citizens, you can claim the 2020 recovery rebate credit through filling a 2020 tax return
If you are a U.S. citizen or a Resident alien (Green card holder) living outside the United States, your
worldwide income is subject to U.S. income tax, regardless of where you live. However, you may qualify for
When your total income is above the standard deduction ($12,550 for Single, $25,100 for Married filing Jointly,
and $18,800 for Head of household in 2021), you are required to file your tax returns.
Your total income includes your income and expenses in the US, as well as those in Korea. (Earned income,
a capital gain or loss, dividend and interest income, rental income and expenses, mortgage interest, student loan,
If you have taxes to pay and your tax return is delayed, you must pay a late filing penalty, late payment penalty,
Currently, a lot of attention is garnered towards the 2020 & 2021 stimulus checks. Every US citizen and Green
cardholder has the right to claim stimulus checks, regardless of where you reside. If you did not receive a first
($1,200) and second ($600) Economic Impact Payment (Stimulus checks) or got less than the full amount, you
can claim the 2020 Recovery Rebate Credit through filing a 2020 tax return. (
For more information please contact Tax professional below.
Jung Eun Lee | D&J US TAX | Tax Professional