Stimulus Checks

[etech0]

I got the deposit this morning, TD bank.

+1 Chase

[Essen est zich]

BOA came today

[Luvisrael]

Nothing in Chase, received round 1 when everybody got it.

Anybody else?

+1.

[iluv2travel]

Nice to see that a number of different banks are clearing funds today.

[avromie7]

Nothing in Chase, received round 1 when everybody got it.

Anybody else?

The way you worded your post makes me think you may be phased out this time. See below where I explained how the phase out works.

This is the way it's been portrayed all over, but it's confusing. The phase out always begins at 75k/150k regardless of how many dependents you have. This is the how it was the first time and this is how it is the second time. Because it phases out $5 per $100 of additional income, if your potential check before the phase out is higher because you have children there is more room until the phase out finishes.

A couple will get $1200 less than last time regardless of income, if you got $1200 or less last time you get $0 now.
A couple with 1 child will get $1100 less than last time (-$600 per adult. +$100 per child), if you got $1100 or less last time you get $0 now.
A couple with 2 children will get $1000 less than last time.
Etc.

[avromie7]

Nice to see that a number of different banks are clearing funds today.

It may be a manual override, but they know the money isn't being pulled back.

[MrKaplan]

Deposited in Chase #2021

[Deal Guy]

Is it true that for child dependents over the age of 17 on 2019 tax returns, that as long as on their upcoming 2020 tax return they are not claimed anymore, and file their own taxes, they will be eligible to claim and receive both stimulus amounts?

[avromie7]

Is it true that for child dependents over the age of 17 on 2019 tax returns, that as long as on their upcoming 2020 tax return they are not claimed anymore, and file their own taxes, they will be eligible to claim and receive both stimulus amounts?

I believe this is correct. The stimulus checks are a tax credit with an advance on your 2020 tax return.

[yelped]

Nothing in Chase, received round 1 when everybody got it.

Anybody else?

Same.

[YitzyS]

It may be a manual override, but they know the money isn't being pulled back.

I deposited a large check in Chase last night, money cleared today.

[S209]

I deposited a large check in Chase last night

$$$$

[YitzyS]

$$$$

No, you can't have any.

[YitzyS]

$$$$

And no, it wasn't THAT big!

[iluv2travel]

It may be a manual override, but they know the money isn't being pulled back.

Could be but realistically speaking, in today's day and age banks can't do automated stuff on weekends and holidays? Credit cards will process and post your charges and payment 365 days a year. I really don't see the issue.

[coffeebean]

Deposited Chase

[oldguy]

Is this an exception? I imagine Chase doesn’t usually clear funds on New Years Day.

I deposited a large check in Chase last night, money cleared today.

Anytime a check gets deposited a day before a Holiday or weekend if the day deposited was a business day it clears the next morning, It has to do with the day deposited, not with the day it clears.

[iluv2travel]

Anytime a check gets deposited a day before a Holiday or weekend if the day deposited was a business day it clears the next morning, It has to do with the day deposited, not with the day it clears.

Interesting, good to know.

[Jorjito11]

BOA came today

+1

[madhocker]

I got mine in my Chase account, money cleared and available for use.

+1