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Started By
Message
Any stimulus mistakes that you know of?
Posted on 4/13/20 at 10:10 am
Posted on 4/13/20 at 10:10 am
Just curious if anyone has gotten or knows someone that has gotten a check that shouldn't qualify.
Curious how that is going to be handled.
Curious how that is going to be handled.
13
Posted on 4/13/20 at 10:11 am to Jax Teller
I'm sure anyone who doesn't qualify that gets money will be honest and return it.
Posted on 4/13/20 at 10:11 am to Jax Teller
Does morning wood count?
Posted on 4/13/20 at 10:13 am to Jax Teller
Edited for incorrect info
This post was edited on 4/13/20 at 11:20 am
Posted on 4/13/20 at 10:15 am to Jax Teller
Probably best to just mind your own business on this one.
Posted on 4/13/20 at 10:16 am to lighter345
quote:
They will have to pay it back when they file for 2020.
Like the Katrina fema money?? I know people who had 0 water in their homes and got 20000 from fema.
Posted on 4/13/20 at 10:16 am to Jax Teller
the whole thing is a mistake.
Posted on 4/13/20 at 10:17 am to deeprig9
quote:
Probably best to just mind your own business on this one.
quote:
deeprig9
Posted on 4/13/20 at 10:17 am to Jax Teller
i know of someone who applied for $150k in PPP loan and was approved for 2.1mill.
i on the other hand have gotten approximately zero dollars from all efforts combined.
i on the other hand have gotten approximately zero dollars from all efforts combined.
Posted on 4/13/20 at 10:18 am to lighter345
quote:False.
They will have to pay it back when they file for 2020.
Posted on 4/13/20 at 10:19 am to McLemore
I got the exact amount applied for for the PPP for both my businesses.
Now, lets see how this goes at the end of the 8 weeks for the forgiveness part.
Now, lets see how this goes at the end of the 8 weeks for the forgiveness part.
Posted on 4/13/20 at 10:21 am to Jax Teller
quote:
Just curious if anyone has gotten or knows someone that has gotten a check that shouldn't qualify.
If someone has already received an individual payment that didn't actually qualify they either:
1. Committed tax fraud by illegally lowering their AGI and/or falsifying children w/ SSN
2. Benefited from a coding error on the IRS computers since those that would have received checks to date e-filed and had direct deposit information on-file.
I'm willing to bet if you know someone who "made more than $75k or $150k (mfj)" that got a $1200/$2400 check, their AGI was below those thresholds.
Posted on 4/13/20 at 10:22 am to Jax Teller
Have any of y’all got it yet? I haven’t
Posted on 4/13/20 at 10:25 am to castorinho
So if I receive a $1200 check because my AGI was less than $100K in 2018(last time I filed) but make more than $100K in 2020 I won’t have to pay it back?
Posted on 4/13/20 at 10:25 am to rsbd
quote:
Like the Katrina fema money?? I know people who had 0 water in their homes and got 20000 from fema.
FEMA needs to be just one honest man with a checkbook
Posted on 4/13/20 at 10:26 am to lighter345
quote:
but make more than $100K in 2020 I won’t have to pay it back?
If your AGI is >$100k in 2020 you will not have to pay back the credit received.
Posted on 4/13/20 at 10:29 am to waiting4saturday
(no message)
This post was edited on 4/13/20 at 10:30 am
Posted on 4/13/20 at 10:30 am to Golfer
Awesome. Thanks for clarification.
Posted on 4/13/20 at 10:39 am to Jax Teller
Just like any government handout, I'm sure they'll be massive abuse.
Posted on 4/13/20 at 10:52 am to lighter345
quote:that is correct. People who qualify in 2020, but don't qualify now (based on 2018/2019) will be made whole in 2021. But the opposite of that get to keep the money.
So if I receive a $1200 check because my AGI was less than $100K in 2018(last time I filed) but make more than $100K in 2020 I won’t have to pay it back?
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