Author Topic: Coronavirus Stimulus Aid Package  (Read 156613 times)

Offline zh cohen

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Re: Coronavirus Stimulus Aid Package
« Reply #840 on: December 29, 2020, 12:53:54 AM »
My guess: McConnell is going to introduce a bill to raise the stimulus checks to $1,200 or $1,500 per person. He can't give in to the D demands, but he can't completely block the bill. Agree?

Or he can pass it with an amendment that pays for it with money taken from Democrat priorities and throw the ball back in the Democrats court. "Which is more important to you, giving $2k to people or X boondoggle?"

Offline Jack out of the box

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Re: Coronavirus Stimulus Aid Package
« Reply #841 on: December 29, 2020, 01:37:51 AM »
or if she is claimed as dependent by parents she is screwed like the first time
Even if she is not actually claimed as a dependent but could be claimed (which it sounds like is the case here) she would not qualify for stimulus money even if she files her own tax return.
This is a very common issue.

The law might not be fair but breaking the law is breaking the law.

Offline Jack out of the box

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Re: Coronavirus Stimulus Aid Package
« Reply #842 on: December 29, 2020, 01:41:39 AM »
Hard to believe they'd make such a foolish mistake. If true, some frum families will make some serious bank.
I've been trying for years and years to save up for a down payment.

Offline Jack out of the box

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Re: Coronavirus Stimulus Aid Package
« Reply #843 on: December 29, 2020, 01:44:06 AM »
What about all those 18-24 year olds that didn't previously have income, but have received unemployment this year?
See IRS Publication 501 page 11.

Offline AussieMan

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Re: Coronavirus Stimulus Aid Package
« Reply #844 on: December 29, 2020, 08:37:56 AM »
House passes $2,000 bill. Now we have to see what happens in the Senate.
What's the timeline for the Senate decision?
Will this delay the $600 until this settles?

Offline cgr

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Re: Coronavirus Stimulus Aid Package
« Reply #845 on: December 29, 2020, 08:43:20 AM »
What's the timeline for the Senate decision?
Will this delay the $600 until this settles?
The $600 is a done deal- the processing of that isn't being held up for the potential of this.

Offline AussieMan

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Re: Coronavirus Stimulus Aid Package
« Reply #846 on: December 29, 2020, 09:27:03 AM »
The $600 is a done deal- the processing of that isn't being held up for the potential of this.
Interesting.
I saw that they could potentially send $600 as early as next week. If the amount changes to $2000 they would have a nightmare to reconcile it no?

Offline cgr

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Re: Coronavirus Stimulus Aid Package
« Reply #847 on: December 29, 2020, 09:43:21 AM »
Interesting.
I saw that they could potentially send $600 as early as next week. If the amount changes to $2000 they would have a nightmare to reconcile it no?
FYI the bill signed this week states that all stimulus payments must be issued by Jan 15. Payments not issued by this date will only be available by filing a tax return.
I don't see the bill amendment changing that, so chances are that the $1400 increase will only be available by filing a tax return. It won't increase the short-term nightmare, but it will cause a deluge of Jan/Feb returns and the IRS is already behind as is...

Offline davidd75

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Re: Coronavirus Stimulus Aid Package
« Reply #848 on: December 29, 2020, 10:09:56 AM »
No income requirement but most 18 year olds don't qualify as independent, which means they don't get one. This applies to many aged 17-24.

so bottom line 17-24 year old children that live with their parents have a slim chance at claiming the $600? how can they qualify as independent?

Online YitzyS

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Re: Coronavirus Stimulus Aid Package
« Reply #849 on: December 29, 2020, 10:34:30 AM »
Purdue just said on Fox that he would support the increase if it came up for a vote. I'm assuming Loeffler would as well. Rubio said he would also. It's likely McConnel won't let it go up for a vote, but if he does, it would need 60 Senators on board. Are there 9 more who would approve it?

Online YitzyS

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Re: Coronavirus Stimulus Aid Package
« Reply #850 on: December 29, 2020, 11:05:23 AM »
Purdue just said on Fox that he would support the increase if it came up for a vote. I'm assuming Loeffler would as well. Rubio said he would also. It's likely McConnel won't let it go up for a vote, but if he does, it would need 60 Senators on board. Are there 9 more who would approve it?
Loeffler tweeted support for the bill. Josh Hawley and Lindsey Graham have also noted that they may back it, IIRC. That would mean that it needs about 7 Senators now, if McConnel puts it up.

Online YitzyS

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Re: Coronavirus Stimulus Aid Package
« Reply #851 on: December 29, 2020, 11:09:31 AM »
My guess: McConnell is going to introduce a bill to raise the stimulus checks to $1,200 or $1,500 per person. He can't give in to the D demands, but he can't completely block the bill. Agree?


Offline PlatinumGuy

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Re: Coronavirus Stimulus Aid Package
« Reply #852 on: December 29, 2020, 01:14:02 PM »
Purdue just said on Fox that he would support the increase if it came up for a vote. I'm assuming Loeffler would as well. Rubio said he would also. It's likely McConnel won't let it go up for a vote, but if he does, it would need 60 Senators on board. Are there 9 more who would approve it?
Trump is digging in deeper and deeper, and the Republican voters are going to be split between Trumpsters and the Anti-Trump Republican establishment....

It is yet to be seen which side Loeffler & Perude are going to stick with, but either way they are going to lose turnout with the other group.
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Offline lifetimedeals

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Re: Coronavirus Stimulus Aid Package
« Reply #853 on: December 29, 2020, 03:08:15 PM »
Not vote for people who think Pakistan should get more money than the measly $600 offered to american citizens who voted you in.
c/p Schumer said on the Senate floor: "I don't want to hear that we can't afford it. I don't want to hear that it would add too much to the deficit. Senate Republicans added nearly $2 trillion to the deficit to give corporations a massive tax cut." 
So if that's the case and republicans will block this additional stimulus I might need to vote D next time around they care more for the average citizen.

Offline avromie7

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Re: Coronavirus Stimulus Aid Package
« Reply #854 on: December 29, 2020, 03:09:40 PM »
c/p Schumer said on the Senate floor: "I don't want to hear that we can't afford it. I don't want to hear that it would add too much to the deficit. Senate Republicans added nearly $2 trillion to the deficit to give corporations a massive tax cut." 
So if that's the case and republicans will block this additional stimulus I might need to vote D next time around they care more for the average citizen.
Did this person vote D or R last time?
I wonder what people who type "u" instead of "you" do with all their free time.

Offline PlatinumGuy

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Re: Coronavirus Stimulus Aid Package
« Reply #855 on: December 29, 2020, 04:14:05 PM »
I might need to vote D next time around they care more for the average citizen.
Good morning
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר – יוסיף אהבה לתורה.״ - אורחות צדיקים

Offline iluv2travel

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Re: Coronavirus Stimulus Aid Package
« Reply #856 on: December 29, 2020, 04:40:45 PM »
I might need to vote D next time around they care more for the average citizen.

If you consider the people who rioted "the average citizen" then yes, they do care more.

[Runs and hides in a cave :P]

Offline mushkovits

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Re: Coronavirus Stimulus Aid Package
« Reply #857 on: December 29, 2020, 04:49:41 PM »
Good morning
FYI You usually say that when you wake up from dreamland

Offline iluv2travel

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Re: Coronavirus Stimulus Aid Package
« Reply #858 on: December 29, 2020, 04:55:48 PM »
FYI You usually say that when you wake up from dreamland

And right now we're unfortunately still in a nightmare.

Offline joe1234

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Re: Coronavirus Stimulus Aid Package
« Reply #859 on: December 29, 2020, 05:02:05 PM »
c/p Schumer said on the Senate floor: "I don't want to hear that we can't afford it. I don't want to hear that it would add too much to the deficit. Senate Republicans added nearly $2 trillion to the deficit to give corporations a massive tax cut." 
So if that's the case and republicans will block this additional stimulus I might need to vote D next time around they care more for the average voter.
FTFY