$2400

Where did you get that man purse?
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mattcantwin
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$2400

Post by mattcantwin » Sat Apr 11, 2020 8:19 am

According to my bank website, the $2400 is scheduled to hit the account 4/15.


A shame how long it will take, if ever, for so many others to receive the money.
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HapaHapa
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Re: $2400

Post by HapaHapa » Sat Apr 11, 2020 8:36 am

Huh?
The Hapa

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CGSshorty
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Re: $2400

Post by CGSshorty » Sat Apr 11, 2020 8:39 am

HapaHapa wrote:Huh?
Stimulus payment.
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andrema
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Re: $2400

Post by andrema » Sat Apr 11, 2020 12:28 pm

Who qualifies for that...shit
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mattcantwin
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Re: $2400

Post by mattcantwin » Sat Apr 11, 2020 1:03 pm

andrema wrote:
Sat Apr 11, 2020 12:28 pm
Who qualifies for that...shit
The size of the check will decrease based on income for individuals who earned more than $75,000 based on their federal tax return for 2019 (or their 2018 return if they have not filed yet). The payment for individuals will shrink by $5 for every $100 earned over $75,000. For couples who filed jointly, the reduction will start once they earn more than $150,000; for heads of household, at $112,500.

Individuals who earned more than $99,000 and couples who earned more than $198,000 jointly will not receive checks. The income cut-off for heads of households is $136,500.

You will also receive $500 for each child under the age of 17 you claim on your taxes.




May not include all the details to qualify.
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Re: $2400

Post by ericf4 » Sat Apr 11, 2020 1:32 pm

No check here but that's cool. I would hope they go to where they are needed and not to people who currently don't need it. . Lots of people in tough situations right now.

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HapaHapa
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Re: $2400

Post by HapaHapa » Sat Apr 11, 2020 2:02 pm

ericf4 wrote:
Sat Apr 11, 2020 1:32 pm
No check here but that's cool. I would hope they go to where they are needed and not to people who currently don't need it. . Lots of people in tough situations right now.

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I’m still working and receiving paycheck so I’ll gladly pass on the check. Many many others need it more than I do.
Regarding the cut-off, many folks living in the more expensive areas of the country won’t receive checks but also won’t consider themselves wealthy. It’s a trade off.

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Re: $2400

Post by andrema » Sat Apr 11, 2020 3:07 pm

mattcantwin wrote:
andrema wrote:
Sat Apr 11, 2020 12:28 pm
Who qualifies for that...shit
The size of the check will decrease based on income for individuals who earned more than $75,000 based on their federal tax return for 2019 (or their 2018 return if they have not filed yet). The payment for individuals will shrink by $5 for every $100 earned over $75,000. For couples who filed jointly, the reduction will start once they earn more than $150,000; for heads of household, at $112,500.

Individuals who earned more than $99,000 and couples who earned more than $198,000 jointly will not receive checks. The income cut-off for heads of households is $136,500.

You will also receive $500 for each child under the age of 17 you claim on your taxes.




May not include all the details to qualify.
Oh I know the rules. The income phaseout is too low, especially in higher cost areas where incomes are higher. I know very few folks who qualify for even a little of the stimulus.
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andrema
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Re: $2400

Post by andrema » Sat Apr 11, 2020 3:08 pm

I’m glad some people are getting it. I don’t qualify for any of it.
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JP Chestnut
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Re: $2400

Post by JP Chestnut » Sat Apr 11, 2020 3:31 pm

I think we’re getting some, but only because my wife doesn’t work and, due to my start date at work, it’s based on around eight months of salary.

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Re: $2400

Post by CGSshorty » Sat Apr 11, 2020 3:40 pm

It seems like a very low cutoff. A family of four living on $200k is barely middle class in some parts of the country.
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Re: $2400

Post by matt.wu » Sat Apr 11, 2020 3:41 pm

andrema wrote:
mattcantwin wrote:
andrema wrote:
Sat Apr 11, 2020 12:28 pm
Who qualifies for that...shit
The size of the check will decrease based on income for individuals who earned more than $75,000 based on their federal tax return for 2019 (or their 2018 return if they have not filed yet). The payment for individuals will shrink by $5 for every $100 earned over $75,000. For couples who filed jointly, the reduction will start once they earn more than $150,000; for heads of household, at $112,500.

Individuals who earned more than $99,000 and couples who earned more than $198,000 jointly will not receive checks. The income cut-off for heads of households is $136,500.

You will also receive $500 for each child under the age of 17 you claim on your taxes.




May not include all the details to qualify.
Oh I know the rules. The income phaseout is too low, especially in higher cost areas where incomes are higher. I know very few folks who qualify for even a little of the stimulus.
Yeah, you nix a large swath of the coasts by setting specific numbers for the entire nation.
:htfu:

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Re: $2400

Post by CGSshorty » Sat Apr 11, 2020 3:48 pm

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Re: $2400

Post by HapaHapa » Sat Apr 11, 2020 4:17 pm

CGSshorty wrote:
Sat Apr 11, 2020 3:40 pm
It seems like a very low cutoff. A family of four living on $200k is barely middle class in some parts of the country.
Yes and the pic you posted says it all.

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BlueSky
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Re: $2400

Post by BlueSky » Sat Apr 11, 2020 4:18 pm

None for us. I do think the augmented unemployment benefits will help, but the $1200 seems woefully inadequate to me and I imagine they will have to do this again.

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Torrid
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Re: $2400

Post by Torrid » Sat Apr 11, 2020 4:21 pm

I’m amazed I got it. By the math from the sources I saw my income was going to drastically reduce it. Getting furloughed at the end of last year must have helped.

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Re: $2400

Post by BacoNoir » Sat Apr 11, 2020 4:24 pm

We don’t qualify either since we sold the mtn house last year and the profit is added to our adjusted gross income.

Personally, I think the $1200 is the wrong approach and is not nearly enough to sustain people who’ve lost their jobs but still have mouths to feed and bills to pay, but are being told to isolate. They should have just done something like 60-80% of normal income (kind of like short term disability) when people file for unemployment. They’d need to do something similar for self employed folks who lost work, which would be trickier, but I’m sure smarter people than me could figure it out.
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Re: $2400

Post by JP Chestnut » Sat Apr 11, 2020 4:26 pm

BacoNoir wrote:
Sat Apr 11, 2020 4:24 pm
We don’t qualify either since we sold the mtn house last year and the profit is added to our adjusted gross income.

Personally, I think the $1200 is the wrong approach and is not nearly enough to sustain people who’ve lost their jobs but still have mouths to feed and bills to pay, but are being told to isolate. They should have just done something like 60-80% of normal income (kind of like short term disability) when people file for unemployment. They’d need to do something similar for self employed folks who lost work, which would be trickier, but I’m sure smarter people than me could figure it out.
They raised unemployment dramatically. The $1200 isn’t really for people who lost their jobs. It’s a crumb for those who haven’t but are still struggling.

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Torrid
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Re: $2400

Post by Torrid » Sat Apr 11, 2020 4:50 pm

BacoNoir wrote:
Sat Apr 11, 2020 4:24 pm
We don’t qualify either since we sold the mtn house last year and the profit is added to our adjusted gross income.

Personally, I think the $1200 is the wrong approach and is not nearly enough to sustain people who’ve lost their jobs but still have mouths to feed and bills to pay, but are being told to isolate. They should have just done something like 60-80% of normal income (kind of like short term disability) when people file for unemployment. They’d need to do something similar for self employed folks who lost work, which would be trickier, but I’m sure smarter people than me could figure it out.
That is exactly what is being offered in addition to this, but it’s not being publicized.

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Re: $2400

Post by ericf4 » Sat Apr 11, 2020 5:10 pm

HapaHapa wrote:
ericf4 wrote:
Sat Apr 11, 2020 1:32 pm
No check here but that's cool. I would hope they go to where they are needed and not to people who currently don't need it. . Lots of people in tough situations right now.

Sent from my Pixel 3 XL using Tapatalk
I’m still working and receiving paycheck so I’ll gladly pass on the check. Many many others need it more than I do.
Regarding the cut-off, many folks living in the more expensive areas of the country won’t receive checks but also won’t consider themselves wealthy. It’s a trade off.
Agree on all counts.

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Re: $2400

Post by CGSshorty » Sat Apr 11, 2020 5:19 pm

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59yukon01
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Re: $2400

Post by 59yukon01 » Sat Apr 11, 2020 5:23 pm

^^^In place of the $1200 you could just type COVID19. Same results either way.

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Re: $2400

Post by BacoNoir » Sat Apr 11, 2020 5:29 pm

Torrid wrote:
BacoNoir wrote:
Sat Apr 11, 2020 4:24 pm
We don’t qualify either since we sold the mtn house last year and the profit is added to our adjusted gross income.

Personally, I think the $1200 is the wrong approach and is not nearly enough to sustain people who’ve lost their jobs but still have mouths to feed and bills to pay, but are being told to isolate. They should have just done something like 60-80% of normal income (kind of like short term disability) when people file for unemployment. They’d need to do something similar for self employed folks who lost work, which would be trickier, but I’m sure smarter people than me could figure it out.
That is exactly what is being offered in addition to this, but it’s not being publicized.

Image
That’s paid leave for people with COVID. I heard unemployment was upped to or by (?) $600/wk or something like that. Never been on unemployment but looked into it once a long time ago and it wasn’t much at all.
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Torrid
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Re: $2400

Post by Torrid » Sat Apr 11, 2020 5:51 pm

BacoNoir wrote:
Sat Apr 11, 2020 5:29 pm
Torrid wrote:
BacoNoir wrote:
Sat Apr 11, 2020 4:24 pm
We don’t qualify either since we sold the mtn house last year and the profit is added to our adjusted gross income.

Personally, I think the $1200 is the wrong approach and is not nearly enough to sustain people who’ve lost their jobs but still have mouths to feed and bills to pay, but are being told to isolate. They should have just done something like 60-80% of normal income (kind of like short term disability) when people file for unemployment. They’d need to do something similar for self employed folks who lost work, which would be trickier, but I’m sure smarter people than me could figure it out.
That is exactly what is being offered in addition to this, but it’s not being publicized.

Image
That’s paid leave for people with COVID. I heard unemployment was upped to or by (?) $600/wk or something like that. Never been on unemployment but looked into it once a long time ago and it wasn’t much at all.
It covers people out due to the shutdown. My wife qualifies because the kids can’t go to school and we don’t have daycare. She also has an essential job which is bow how my job is classified but she can’t work because we don’t have other child arrangements and I work on a 2 hour call.

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$2400

Post by BBK357 » Sat Apr 11, 2020 8:40 pm

We’re getting all of it and most people I know are too. I guess being middle class in a flyover state helps.

Me and my wife are still getting paid- but this is a stimulus check. So we are paying my brother in-law, a small custom contractor, to re-do our countertops and make our island bigger. His business is going to slow quite a bit after his current build. Two families backed out of, or postponed their houses because their retirements tanked and they don’t feel comfortable building a new house.

Hopefully a lot this money will go to small business and communities.
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