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Started By
Message
re: “I’ll probably put my $1200 stimulus check in saving”
Posted on 4/14/20 at 8:34 am to LSUGBFTL
Posted on 4/14/20 at 8:34 am to LSUGBFTL
quote:you can't be serious. I said it last night, but damn we have become a dramatic bunch
The working middle class get the root so bad it almost makes me wonder what’s the point.
0
Posted on 4/14/20 at 8:35 am to lake chuck fan
Ok, Boomer.
Posted on 4/14/20 at 8:53 am to GRTiger
quote:I think you misunderstood what I stated. Income and tax refund is all I know.
Knowing his salary, how much is taken from his paycheck, and the amount of his typical refund is something I couldn't even spout off about my own finances without double checking. It's objectively a lot of personal financial information to know about someone without having a particular need to know.
ETA: Don't people with kids get like 4k back per kid? That's basically what I'm saying, and it's absurd.
This post was edited on 4/14/20 at 8:56 am
Posted on 4/14/20 at 8:55 am to lake chuck fan
I got stimulated this morning 
Posted on 4/14/20 at 8:55 am to Winston Cup
quote:
I’ll probably put my $1200 stimulus check in saving”
I'm buying something from china.
Posted on 4/14/20 at 8:57 am to Pandy Fackler
You could just say you're buying something and it pretty much covers that point.
Posted on 4/14/20 at 9:21 am to Epic Cajun
No worries, I am not saying you can't or shouldn't know these things, it just struck me as a lot.
This was the part I may have confused with knowing how much is withheld from his check.
Child tax credit is 2k/child, and I think 1400 of that is refundable.
quote:
I take an extra $1300 a year out of my check to go toward federal income taxes
This was the part I may have confused with knowing how much is withheld from his check.
quote:
Don't people with kids get like 4k back per kid?
Child tax credit is 2k/child, and I think 1400 of that is refundable.
Posted on 4/14/20 at 9:23 am to GRTiger
quote:By this I meant that when I do my tax withholding, I have zero exemptions and I send the federal government $50 "extra" every check. Not that I pay $1300 more than him in federal income taxes every year.
This was the part I may have confused with knowing how much is withheld from his check.
Posted on 4/14/20 at 9:25 am to yellowfin
This post was edited on 4/14/20 at 9:26 am
Posted on 4/14/20 at 9:40 am to OsTiger78
Thank the Democrats who wanted to means test the payments
Posted on 4/14/20 at 10:05 am to GreatLakesTiger24
quote:
quote:
you’re getting a stimulus, you probably don’t pay much in taxes
people aren’t going to like this but it’s true
This is absurd. Define “much” in taxes. Hell define taxes. We qualify for the full stimulus based on 2018 and paid over $20k in taxes.
Posted on 4/14/20 at 1:27 pm to LSUGBFTL
quote:
Why aren’t we? We both work our asses off to make what we make. If we were talking about my my ex who is independent wealthy from her daddy and grandpa we would be having a totally different f discussion.
you understand that anyone who has a job is working class by your definition, correct?
Posted on 4/14/20 at 1:35 pm to Epic Cajun
quote:
By this I meant that when I do my tax withholding, I have zero exemptions and I send the federal government $50 "extra" every check.
Now that my children are grown and gone, and being divorced... I file Single and 0.
I also have $20/week withheld for Fed taxes. I DO NOT want to owe at years end.
Last couple of years income over $100K, I still received refund. It works for me.
Posted on 4/14/20 at 1:40 pm to lake chuck fan
You’re a project manager. You didn’t pay $45k in taxes.
Posted on 4/14/20 at 1:44 pm to Thib-a-doe Tiger
His whole thing doesn't quite add up. He claims his wife who is under 30 and works in a hospital makes a little bit less than him, which would be deep into the 100s if not coming close to 200/year.
I don't know any under-30 year olds who work in direct patient care making 150k+
He said he's a degree'd plant baw. Let's assume he's an engineer and is roughly the same age as his wife. They make real good money, but it would be exceptional to make 150-200/year as a plant engineer with right around 10 years experience, if not a little less.
And he ain't clearing that in Ops with that experience level either.
I don't know any under-30 year olds who work in direct patient care making 150k+
He said he's a degree'd plant baw. Let's assume he's an engineer and is roughly the same age as his wife. They make real good money, but it would be exceptional to make 150-200/year as a plant engineer with right around 10 years experience, if not a little less.
And he ain't clearing that in Ops with that experience level either.
Posted on 4/14/20 at 1:47 pm to yellowfin
quote:
If you’re getting a stimulus, you probably don’t pay much in taxes
Meh, we payed double what our family stimulus will be, so we're getting half back. Sorry, not sorry.
Posted on 4/14/20 at 1:59 pm to JohnnyKilroy
quote:
His whole thing doesn't quite add up. He claims his wife who is under 30 and works in a hospital makes a little bit less than him, which would be deep into the 100s if not coming close to 200/year.
I don't know any under-30 year olds who work in direct patient care making 150k+
He said he's a degree'd plant baw. Let's assume he's an engineer and is roughly the same age as his wife. They make real good money, but it would be exceptional to make 150-200/year as a plant engineer with right around 10 years experience, if not a little less.
And he ain't clearing that in Ops with that experience level either.
He might also be counting his FICA as "income tax", which isn't technically correct
Posted on 4/14/20 at 2:12 pm to Thib-a-doe Tiger
quote:
He might also be counting his FICA as "income tax", which isn't technically correct
Even then it's still not completely adding up.
Assuming the standard deduction is taken, and neither of them put a cent into pre-tax retirement plans, you'd have to gross about 260k/year between the two of them to pay ~56k in Fed tax + FICA.
I guess that's possible, but yea a little misleading if he's including FICA.
Posted on 4/14/20 at 2:14 pm to JohnnyKilroy
quote:
He said he's a degree'd plant baw. Let's assume he's an engineer and is roughly the same age as his wife. They make real good money, but it would be exceptional to make 150-200/year
He could be a manager or engineer of some kind working on the turnaround team. One good turnaround and they can make a 30K bonus. Sometimes they might have two a year.
The good plants pay very well and also give a 10 to 15% yearly bonus.
He could be lying his arse off in this thread, but I was just pointing out that there are possibilities.
Posted on 4/14/20 at 2:32 pm to notiger1997
quote:
One good turnaround and they can make a 30K bonus.
What plant is that? I know some engineer baws at chevron, shell and valero that would put their two weeks in today if a 30k turnaround bonus was a possibility
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