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re: Calculate your COVID-19 stimulus check amount

Posted on 3/26/20 at 1:37 pm to
Posted by elposter
Member since Dec 2010
25104 posts
Posted on 3/26/20 at 1:37 pm to
$0 is what I will get.

Even though my company just cut my pay by 20% and it's probably 50/50 that I'm furloughed for a couple of months or more soon.
Posted by Dawgfanman
Member since Jun 2015
22846 posts
Posted on 3/26/20 at 1:39 pm to
quote:

$0 is what I will get. Even though my company just cut my pay by 20% and it's probably 50/50 that I'm furloughed for a couple of months or more soon.


These checks are advance credits for the 2020 season so if you end up entitled to it based on 2020 salary you will get it next tax season. If you are qualified under 2018/19 but not during 2020 you may have to pay it back.
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 3/26/20 at 5:14 pm to
quote:

$0 is what I will get.

Even though my company just cut my pay by 20% and it's probably 50/50 that I'm furloughed for a couple of months or more soon.


They aren't going to look at your current pay? Just whatever you had when you filed your taxes?
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