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Stimulus Sh*t Show
Posted on 4/15/20 at 12:02 pm
Posted on 4/15/20 at 12:02 pm
Friends of mine here in Houston just got a $2400 stimulus deposit this morning and combined they are knocking down >200K. Just how many mistakes will be made in this shite show??
Posted on 4/15/20 at 12:03 pm to HogBalls
quote:
how many mistakes will be made in this shite show??
all of them
Posted on 4/15/20 at 12:03 pm to HogBalls
Maybe she is lying about how much they make
Posted on 4/15/20 at 12:03 pm to HogBalls
quote:
Friends of mine here in Houston just got a $2400 stimulus deposit this morning and combined they are knocking down >200K. Just how many mistakes will be made in this shite show??
quote:
>200K
Posted on 4/15/20 at 12:04 pm to HogBalls
It's a tax credit that is advanced to you. If they are not within the guidelines then they will pay it back on their 2020 taxes in 2021.
ETA: Apparently people downvoting me have no idea of how it works. Look it up.
ETA: Apparently people downvoting me have no idea of how it works. Look it up.
This post was edited on 4/15/20 at 12:12 pm
Posted on 4/15/20 at 12:04 pm to HogBalls
Maybe their AGI is <200K? or maybe they're full of shite about their salary?
Posted on 4/15/20 at 12:04 pm to HogBalls
quote:
just got a $2400 stimulus deposit this morning and combined they are knocking down >200K.
Your friend and his SO must post on the OT
Posted on 4/15/20 at 12:04 pm to HogBalls
Your friends post here dont they?
Posted on 4/15/20 at 12:04 pm to HogBalls
I bet your friend didn't claim >$200K on their taxes
Posted on 4/15/20 at 12:05 pm to JohnnyKilroy
quote:they would be just above the OT poverty line
Your friend and his SO must post on the OT
Posted on 4/15/20 at 12:05 pm to HogBalls
Have you actually seen their tax returns?
Posted on 4/15/20 at 12:05 pm to JohnnyKilroy
quote:
Your friend and his SO must post on the OT
They don't make enough to qualify.
Posted on 4/15/20 at 12:05 pm to HogBalls
Everyone can claim it, but if you're audited, you'll have to pay it back, plus a fine, if you're determined to not be eligible for it.
Posted on 4/15/20 at 12:05 pm to HogBalls
I’ve already seen a couple people tell on themselves by saying they got a check
Posted on 4/15/20 at 12:06 pm to HogBalls
Maybe, just maybe their last tax return was under 200k. Maybe somebody is not really honest. Maybe with millions and millions of payments going out, there may be a few mistakes.
Posted on 4/15/20 at 12:07 pm to GreatLakesTiger24
quote:
I’ve already seen a couple people tell on themselves by saying they got a check
Posted on 4/15/20 at 12:08 pm to HogBalls
Did they make that much in 2019 or 2018 if they hadn’t filed yet?
Posted on 4/15/20 at 12:09 pm to HogBalls
You know it’s based on AGI and not gross pay don’t you?
Posted on 4/15/20 at 12:10 pm to HogBalls
quote:
combined they are knocking down >200K
what is it adjusted?
and what was it, adjusted, in 2018?
and no matter what, with anything of this scale there are going to be mistakes for both over and underpayment...especially for people who are close to the thresholds
This post was edited on 4/15/20 at 12:12 pm
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