Author Topic: Coronavirus Stimulus Aid Package  (Read 25537 times)

Offline Jack out of the box

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Re: Coronavirus Stimulus Aid Package
« Reply #345 on: April 05, 2020, 02:36:49 AM »
the problem is that for 2019 they are a dependent
I believe that 2020 is the determining year for this detail. The newly independent child should file a tax return for 2020 and then receive a $1,200 refundable credit.

Offline justmeha

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Re: Coronavirus Stimulus Aid Package
« Reply #346 on: April 05, 2020, 04:27:42 AM »
I believe that 2020 is the determining year for this detail. The newly independent child should file a tax return for 2020 and then receive a $1,200 refundable credit.
only question is will they receive it as a tax credit ( so they will only get it if they owe$1200 in taxes) or as a check

Offline CountValentine

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Re: Coronavirus Stimulus Aid Package
« Reply #347 on: April 05, 2020, 09:27:32 AM »
No. If you were making less than this, getting laid off and going on unemployment is a better deal than keeping your job.
Please explain a better deal?
My daughter is making more now then when she worked. It has only been two weeks and she can't wait to got back to caring for and teaching her kids.
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Offline AsherO

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Re: Coronavirus Stimulus Aid Package
« Reply #348 on: April 05, 2020, 09:30:16 AM »
Please explain a better deal?
My daughter is making more now then when she worked. It has only been two weeks and she can't wait to got back to caring for and teaching her kids.

Isn’t your daughter a nurse/medical professional? They’re the exception here, not the rule.
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Offline AsherO

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Re: Coronavirus Stimulus Aid Package
« Reply #349 on: April 05, 2020, 09:31:56 AM »
It seems like in NJ, anyone making less than $68,276 is going to getting a nice little raise for being unemployed. For NY, it's $57,804.

Looks like a lot of people are gonna have some interesting conversations with their boss...

Especially if you consider that unemployment makes you eligible for other handouts. OTOH it makes health insurance messy... (COBRA can be cost-prohibitive)
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Offline CountValentine

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Re: Coronavirus Stimulus Aid Package
« Reply #350 on: April 05, 2020, 09:39:23 AM »
Isn’t your daughter a nurse/medical professional? They’re the exception here, not the rule.
No she is not. She is a caring American. Just as it is wrong to paint the Jewish community with one brush it is just as wrong to paint the whole country with one brush.
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Offline skyguy918

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Re: Coronavirus Stimulus Aid Package
« Reply #351 on: April 05, 2020, 10:08:55 AM »
Please explain a better deal?
My daughter is making more now then when she worked. It has only been two weeks and she can't wait to got back to caring for and teaching her kids.
Totally OT, but wouldn't that be nice? If somehow we realized after all of this that teachers are severely underpaid/undervalued?

Offline shapsam

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Offline CountValentine

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Re: Coronavirus Stimulus Aid Package
« Reply #353 on: April 06, 2020, 12:51:59 AM »
https://www.doctorofcredit.com/stimulus-checks-people-who-dont-file-taxes-can-register-their-bank-info-with-irs-turbotax-online-portal-to-get-their-1200/
I just did this. It looks like they add $1 under interest/dividends naming it stimulus. This way the IRS won't kick out the return for being all zeros.   
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Offline SamCan

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Re: Coronavirus Stimulus Aid Package
« Reply #354 on: April 06, 2020, 12:55:06 AM »
For ontario residents use this link to get 200 per child
https://www.ontario.ca/page/get-support-families#section-1

Offline thebudgetdeals

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Re: Coronavirus Stimulus Aid Package
« Reply #355 on: April 06, 2020, 01:47:53 AM »
I filed an application yesterday. What are the new current guidelines? We’ll see if I get 10K by Monday
PLs update if you got a reply about the 10k

Offline S209

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Re: Coronavirus Stimulus Aid Package
« Reply #356 on: April 06, 2020, 01:55:13 AM »
PLs update if you got a reply about the 10k
Nothing yet
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Offline mgarfin

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Re: Coronavirus Stimulus Aid Package
« Reply #357 on: April 06, 2020, 11:01:32 AM »

Offline CountValentine

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Re: Coronavirus Stimulus Aid Package
« Reply #358 on: April 06, 2020, 05:24:22 PM »
Who is going to payout the 600 UI benefit? The individual states or the government?
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline Dan

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Re: Coronavirus Stimulus Aid Package
« Reply #359 on: April 06, 2020, 05:29:03 PM »
Who is going to payout the 600 UI benefit? The individual states or the government?
Fed
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.