Americans in France benefit from Covid-19 tax refund

Many Americans in France will be eligible for a new Recovery Rebate tax credit worth $3,400 for a family of four to help them cope with the Covid-19 crisis.

The money will be sent out to people as an advance for a tax credit that will apply on 2020 income filed next year, but eligibility will be based on incomes declared for 2019 (2018 if the US tax authorities do not yet have details of your 2019 income).

The tax credit is described as a ‘refundable’ type, which in US tax terminology means it is like a French  ...

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