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Started By
Message
Posted on 3/20/20 at 10:31 am to razthecat
quote:u getting paid
If they base it on us filing jointly and being under 150k, I'm getting muh virus reparations. If it is based on individual, I aint gettin shite. Crazy common core math based bullshite
Posted on 3/20/20 at 10:32 am to razthecat
quote:
If they base it on us filing jointly and being under 150k, I'm getting muh virus reparations. If it is based on individual, I aint gettin shite. Crazy common core math based bullshite.
This, and if it is taxable income and not AGI.
Posted on 3/20/20 at 10:32 am to TideCPA
quote:
This board's principled conservatives hate socialism until it sends them a check in the mail.
Well a Katrina FEMA trailer cost the govt $150,000 each after all said and done. Cash for clunkers? A bust. Shovel ready jobs? Wasted stimulus. Wouldve been better to give cash to Americans and they can stimulate economy. However I have lots of reservations with this plan.
Posted on 3/20/20 at 10:33 am to deltaland
Wow
Came in just under the 150K threshold for a couple. $148.5K in 2018
I also had a kid Dec 20 2018.
Interested to see if this passes the House. Looks like it gives low income some help too.
Came in just under the 150K threshold for a couple. $148.5K in 2018
I also had a kid Dec 20 2018.
Interested to see if this passes the House. Looks like it gives low income some help too.
This post was edited on 3/20/20 at 10:39 am
Posted on 3/20/20 at 10:34 am to WPBTiger
The draft legislation, obtained by Fox News, would provide minimum payments of $600, and aid would be phased down at adjusted gross income thresholds of $75,000 for individuals and $150,000 per couple. Additionally, there would be $500 payments for each child.
Posted on 3/20/20 at 10:35 am to aubie101
what would i get?
technically not legally married but I claim my fiance who is a stay at home. We have 3 kids.
I am over the 75K mark
She hasnt worked in 4 years
technically not legally married but I claim my fiance who is a stay at home. We have 3 kids.
I am over the 75K mark
She hasnt worked in 4 years
Posted on 3/20/20 at 10:36 am to OchoDedos
yesterday the democrats (Pelosi & Schumer) were c/o this plan.
will be interesting to see what happens
will be interesting to see what happens
Posted on 3/20/20 at 10:36 am to TigerMan327
quote:
Shouldn’t welfare folk not be affected at all? Their gov checks still coming in.
Or people who have retired and aren't going to lose wages due to the pandemic.
Posted on 3/20/20 at 10:37 am to elprez00
quote:
Ya think? Say I’m a small business owner and had a killer year in 2018 and am currently fricked.
But oh well.
Exfrickingzactly.
Posted on 3/20/20 at 10:37 am to deltaland
This bill is terrible. It should realistically go to ALL americans, this means testing bullshite just wastes more time and adds bureaucracy and delays and delays.
Someone making over 100k might own a restaurant and be completely fricked while the employee making 74k has a stable job.
That doesn't even include cost of living, etc.
Someone making over 100k might own a restaurant and be completely fricked while the employee making 74k has a stable job.
That doesn't even include cost of living, etc.
Posted on 3/20/20 at 10:38 am to deltaland
I’d take it, but fortunately we’re not in a dire position to “need” the payment. I know a whole bunch of folks that really need and I’m glad they’re going to get the assistance. I just hope like hell this doesn’t turn in the Katrina hand outs that folks used to buy luxury items instead of taking care of obligations.....but I’m sure that’s exactly how this will play out.
Posted on 3/20/20 at 10:38 am to LSUvegasbombed
quote:
what would i get?
file married jointly or single with 4 dependents?
mj = virus reparations
single < 99k = lil bit but not the full virus reparation
Posted on 3/20/20 at 10:38 am to deltaland
Great...went from 145k in 2018 to 85k in 2019 since I took an office job. Not married no kids. Get nothing but laid off in a month.
Posted on 3/20/20 at 10:39 am to LSUvegasbombed
quote:
what would i get?
technically not legally married but I claim my fiance who is a stay at home. We have 3 kids.
I am over the 75K mark
She hasnt worked in 4 years
You should likely be getting $3,900 if I am understanding correctly.
If you was still under 150K.
Posted on 3/20/20 at 10:41 am to Nado Jenkins83
quote:Sorry about your pending lay-off. Maybe it won't happen? If it does I think they passed the bill that you would get MAX unemployment checks. (Probably near what you are making)
Great...went from 145k in 2018 to 85k in 2019 since I took an office job. Not married no kids. Get nothing but laid off in a month.
Posted on 3/20/20 at 10:41 am to Tiguar
quote:
Don't know how a tax form from 2 years ago is appropriate to use to reflect economic situations now to determine need.
It’s certainly less than perfect, but 2019 numbers can’t be used because taxes aren’t even due yet.
This post was edited on 3/20/20 at 10:42 am
Posted on 3/20/20 at 10:43 am to Modern
quote:
So if I’m reading right. The checks will be based off your 2018 filing, not 2019?
I haven’t filed my 2019 yet.
Guess I'll only get two children credit , 7 month old not credited. That's okay though, itll all go in the market
Posted on 3/20/20 at 10:43 am to cajunangelle
I work in directional drilling. Unless oil prices rebound next month I imagine our company with have major layoffs. I only been with them 15 months so hopefully I made an impression
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