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re: Check in if you make too much to get the stimulus

Posted on 3/15/21 at 10:01 am to
Posted by fr33manator
Baton Rouge
Member since Oct 2010
124716 posts
Posted on 3/15/21 at 10:01 am to
Posted by CunningLinguist
Dallas, TX
Member since Mar 2006
18803 posts
Posted on 3/15/21 at 10:01 am to
quote:

Well since the national average salary for working couples is about $144,000 you would be wrong.


What is it for mid-career college graduates? Because I’d bet it is is higher then that for the demographic I referenced
This post was edited on 3/15/21 at 10:02 am
Posted by Leadhead
Member since Jan 2013
887 posts
Posted on 3/15/21 at 10:01 am to
quote:

Catfish farmers don’t get subsidies


Any type of farming has its advantages. Not that I'm against it, but I'm sure you make yourself poorer on paper than you actually are through write-offs. If not, then you need a new accountant. I wish I could claim 90% of my purchases as a business expense. Or drive down to the local hardware store, buy a new rifle, and have them write it up as "oil" or some shite. Or buy a new side by side at the end of the year when I've made too much money.
This post was edited on 3/15/21 at 10:03 am
Posted by TimeOutdoors
AK
Member since Sep 2014
12128 posts
Posted on 3/15/21 at 10:04 am to
I had an expensive move in 2019 that bumped my AGI over the limit. Even though I filed my taxes in March last year it appears they are still going off my 2019 taxes. I’m fine with it though, I’m not a fan of people receiving it that didn’t lose their jobs.
Posted by cgrand
HAMMOND
Member since Oct 2009
39010 posts
Posted on 3/15/21 at 10:05 am to
quote:

. I wish I could claim 90% of my purchases as a business expense.

then go be a farmer
Posted by BottomlandBrew
Member since Aug 2010
27182 posts
Posted on 3/15/21 at 10:07 am to
quote:

Of course, especially if there are kids. But it isn't "poor".


Yeah. My wife and I are below the cutoff, but it's not like we're struggling for anything. We're definitely not rich, but we're still very comfortable. We have good savings, max out our retirement contributions, pay for daycare for two kids, pay off the CC every month, and still have extra to invest or travel. We have a modest house and drive modest vehicles. Any couple in the $100k-$150k range should easily be able to be very comfortable - assuming you don't live in some place like California or NYC and you know how to live within your means.
Posted by WaydownSouth
Stratton Oakmont
Member since Nov 2018
8261 posts
Posted on 3/15/21 at 10:08 am to
In.

But not in 2019 since I only worked 4 months
Posted by TDTOM
Member since Jan 2021
15059 posts
Posted on 3/15/21 at 10:09 am to
quote:

I don't get stimulus. I'm not wealthy. It's a lie that only the wealthy are excluded from the stimulus.




This right here.
Posted by Salmon
On the trails
Member since Feb 2008
83653 posts
Posted on 3/15/21 at 10:10 am to
quote:

Well since the national average salary for working couples is about $144,000 you would be wrong.



can you link where you get this from?

please tell me you got it from here LINK
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 3/15/21 at 10:10 am to
I'll check in and say I just got a bonus. Taxed at 39%. Fml
Posted by Modern
Fiddy Men
Member since May 2011
16883 posts
Posted on 3/15/21 at 10:10 am to
quote:

A couple making $150k/year isn't poor.


They are far from "rich".


This is very “middle class”.
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 3/15/21 at 10:12 am to
He definitely got it from there lol. It’s the first thing that pops up when you Google it.
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 3/15/21 at 10:12 am to
We didn't get either of the first 2 payments because our 2019 income was too high. I had a pay cut in 2020 because of Covid which brought us under the threshold, so we got both of the payments on our 2020 return totaling $5800. Plus we'll get another $5600 with this latest one. Not sure if our return was filed in time though, so it may be on next year's return. And with the expanded child tax credit, we're looking at close to a $10,000 refund, unless my pay goes back to 2019 levels. Our return was filed 3 weeks ago, so it should have been filed in time. Haven't gotten anything yet.

All those payment basically negate my pay cut, other than the expanded child tax credit.
Posted by lsupride87
Member since Dec 2007
96202 posts
Posted on 3/15/21 at 10:13 am to
quote:

I'll check in and say I just got a bonus. Taxed at 39%. Fml


I dont have time for the "so MUCH TAXES IN BONUSES" thread today
Posted by Vote4MikeAck504
Go Cocks!
Member since Mar 2019
3098 posts
Posted on 3/15/21 at 10:17 am to
The poors... utterly repulsive. Gross.
Posted by northshorebamaman
Cochise County AZ
Member since Jul 2009
35532 posts
Posted on 3/15/21 at 10:20 am to
quote:

I’m not a fan of people receiving it that didn’t lose their jobs.

Same. I'm getting a check and it's fine but I don't have to have it. At the same time I've been paying taxes for a quarter century and even spent a couple of years sitting in shitholes protecting their wallets. All the while watching them toss trillions of dollars at pet projects, foreign governments, corporate bailouts, ham-fisted foreign entanglements, and a thousand mile laundry list of the dumbest shite imaginable so I don't feel that awful about the extra $1400.
Posted by Vote4MikeAck504
Go Cocks!
Member since Mar 2019
3098 posts
Posted on 3/15/21 at 10:21 am to
Anyone with a job shouldn’t get shite. It should only go to people who have lost their jobs or had significantly decreased household income due to/after the CoVID shutdown began in 2020.
Posted by Gee Grenouille
Bogalusa
Member since Jul 2018
5007 posts
Posted on 3/15/21 at 10:31 am to
I make too much, but I got a sketchy accountant.
Posted by LSUcajun77
New Orleans
Member since Nov 2008
21333 posts
Posted on 3/15/21 at 10:33 am to
frick your taxes
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19601 posts
Posted on 3/15/21 at 10:34 am to

I’m paying the stimulus, not receiving it.

Unfortunately I’ve achieved too much to benefit from Marxism, and I haven’t been able to break into the Marxist elite via celebrity or election, so I’m a victim of Marxism.
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