Not if nasty Nancy has anything to do about it.
So is this tax money given tax free? Or will the recipients be 1099’d?
Does this include retirees???
The program phases out at a rate of $5 for every $100 of income above $75,000, with an individual income cap of $99,000.
So if your child is making more than $75,000...
or is married...
From Stephen King’s The Stand
Hap: “They just gotta say screw this inflation s-—. Screw this national debt s-—. We got the presses and we got the paper. We’re gonna run off 50 million thousand dollar bills and hump them right the C—— into circulation.”
Palfrey...was the only one with enough self respect to point out the latest of Hap’s damfool statements.
That check will arrive probably around the time I mail out my first set of quarterlies for 2020. Cue Elvis and “Return to Sender.”
A re-cap of the details -
Individual taxpayers with incomes up to $75,000 will receive a one-time $1,200 direct payment
If you make more than $99,000, you will get nothing. If you make between that range, you’ll get less than $1,200
For couples, everything doubles. Combined incomes of up to $150,000 will receive $2,400; the cap is a combined income of $198,000.
Families that qualified for the one-time payment will also receive an additional $500 per child
Annual income is based on your 2018 tax returns. If you did not file a tax return in 2018, you must file the 2019 return before qualifying for the stimulus check.
If you’re on unemployment, the bill increased unemployment insurance by $600 per week for four months
SS, SSDI, retired? Couldn’t find details on that.
My check will read...
“Pay to the order of Mr/Mrs Moovova, the sum of $0 dollars/cents.”
Buncha hoors.
Considering the current culture and climate, I hereby identify as 2 thousand different people.
Yeah, my n-word! We finna get paid by THE MAN!!!
Some info on who qualifies here:
So welfare recipients get nothing? Why don't I believe this?
My 6 year old daughter has been a tax filer since 2017, wonder if she qualifies as a tax payer, child or both?
WOW! 1st we got free cheese, then we got free phones and now free money? Amerika what a country! I can now buy a huge Provalone, an I Phone and a 75” Flat TV and have some money left over to buy a Pizza? A large percentage of this nation loves Free Stuff, lets vote for more!
I’d like to see an accounting of all this $$$. Everyone in the country 350 million could get $1,000 and that would be $350 billion!
Since no value was created, this is a direct transfer of wealth from those whoearn >$99K to those whibearn less.
There is an inflationary mechanism that does the transferring automagically.
None for me - phased out. I have to pay for it all. My blood is boiling.
I own a small LLC, single proprietary business, with my son getting paid for taking calls, coordinating emails, etc. I made $90K last year (2018). I haven’t filed for 2019 because I usually owe. However, I know I made LESS in 2019 than 2018.
This means I’ll get a check for $450. My son should get $1200 but he didn’t file taxes in 2018. So does he?
I basically teach technical certification courses. I haven’t taught since this whole thing started in February. I’ve only got pension money.
I hear there’s small business loans where I don’t have to pay back? Maybe I need to file for one of these.