Author Topic: Stimulus Checks  (Read 24415 times)

Online cgr

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Re: Stimulus Checks
« Reply #480 on: June 02, 2020, 10:39:36 PM »
If anyone has a better understanding whats going on here, please explain it to me. thanks

It's an error, not an SSI bonus. Some on SSI haven't received any dependant stimulus while some are getting multiple payments. The whole thing is a mess.

Here are some published articles. I'm not so certain that you need to return the extra funds. I distinctly remember there being a clause in the bill that the funds are non-recourse. The IRS is touting that it needs to be returned but unless there's a law or amendment passed that states that, you should be in the clear. I suggest you speak to a lawyer/accountant who is knowledgeable about this issue specifically.

https://www.marketwatch.com/story/my-children-who-are-all-younger-than-17-each-received-1200-stimulus-checks-will-the-irs-penalize-us-if-we-keep-them-2020-05-29

https://www.marketwatch.com/story/my-daughter-received-four-1200-stimulus-payments-one-check-and-three-direct-deposits-she-spent-the-check-2020-05-28

https://www.marketwatch.com/story/i-received-two-1200-stimulus-payments-one-was-direct-deposit-and-the-other-was-a-paper-check-i-cashed-the-check-2020-05-11

Offline shulem92

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Re: Stimulus Checks
« Reply #481 on: June 02, 2020, 11:10:36 PM »

Online Kobe bryent

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Re: Stimulus Checks
« Reply #482 on: June 03, 2020, 10:49:31 AM »
It's an error, not an SSI bonus. Some on SSI haven't received any dependant stimulus while some are getting multiple payments. The whole thing is a mess.

Here are some published articles. I'm not so certain that you need to return the extra funds. I distinctly remember there being a clause in the bill that the funds are non-recourse. The IRS is touting that it needs to be returned but unless there's a law or amendment passed that states that, you should be in the clear. I suggest you speak to a lawyer/accountant who is knowledgeable about this issue specifically.

https://www.marketwatch.com/story/my-children-who-are-all-younger-than-17-each-received-1200-stimulus-checks-will-the-irs-penalize-us-if-we-keep-them-2020-05-29

https://www.marketwatch.com/story/my-daughter-received-four-1200-stimulus-payments-one-check-and-three-direct-deposits-she-spent-the-check-2020-05-28

https://www.marketwatch.com/story/i-received-two-1200-stimulus-payments-one-was-direct-deposit-and-the-other-was-a-paper-check-i-cashed-the-check-2020-05-11
Showing us once again how efficient government is.

Offline simplicity

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Re: Stimulus Checks
« Reply #483 on: June 03, 2020, 04:38:18 PM »
thanx! plz post when/if it works
did it with Td bank, was avail next day.

Offline Essen est zich

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Re: Stimulus Checks
« Reply #484 on: June 22, 2020, 09:45:57 PM »
I have not really read up this thread.

I have a friend in FL who did not file taxes in 2018 or 2019. What does he need to do to get the stimulus?

Offline a good yeshiva bachur

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Re: Stimulus Checks
« Reply #485 on: June 23, 2020, 03:00:15 AM »
I have not really read up this thread.

I have a friend in FL who did not file taxes in 2018 or 2019. What does he need to do to get the stimulus?
read DDMS

Offline Kabrams1618

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Re: Stimulus Checks
« Reply #486 on: June 23, 2020, 09:22:13 AM »
Did anyone in Israel with a May 1 st date for sending out their paper stimulus check receive your check?  I heard there may have been an issue on checks on that day.  We have not received ours.

Offline YitzyS

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Re: Stimulus Checks
« Reply #487 on: June 23, 2020, 10:48:43 AM »

Online cgr

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Re: Stimulus Checks
« Reply #488 on: June 23, 2020, 10:52:47 AM »

Offline AsherO

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Re: Stimulus Checks
« Reply #489 on: June 23, 2020, 02:22:58 PM »
https://www.forbes.com/sites/zackfriedman/2020/06/22/second-stimulus-checks-trump/

The article says Trump wants another $2 Trillion(!!!) stimulus bill. Hes trying to buy his way into another term, and no matter how we vote in November this is going to cost our grandchildren a pretty penny if the USA isnt bankrupt by then.
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Re: Stimulus Checks
« Reply #490 on: June 23, 2020, 06:15:33 PM »
The article says Trump wants another $2 Trillion(!!!) stimulus bill. Hes trying to buy his way into another term.
The POTUS doesn't write any bills. Civic lesson 101, "The power of the purse is vested in the Congress."
and no matter how we vote in November this is going to cost our grandchildren a pretty penny if the USA isnt bankrupt by then
If we continue spending money we don't have, we are doomed.


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Re: Stimulus Checks
« Reply #491 on: June 23, 2020, 07:43:20 PM »
Did anyone here get the letter but didn't actually receive the check?

 or did anyone that received the letter call that number and managed to get the check that way?
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Offline helpusout

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Re: Stimulus Checks
« Reply #492 on: June 24, 2020, 12:01:54 AM »
im still waiting for my stimulus payment. is there a number to call??

Online jose34

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Re: Stimulus Checks
« Reply #493 on: June 24, 2020, 05:24:24 AM »
Did anyone here get the letter but didn't actually receive the check?

 or did anyone that received the letter call that number and managed to get the check that way?
Yeah got the letter but did not receive the check but I am in Israel so I am not sure its a ראיה to anything.

I know someone who the got the check and the letter on the same day.

Offline PlatinumGuy

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Re: Stimulus Checks
« Reply #494 on: June 24, 2020, 05:53:46 AM »
The article says Trump wants another $2 Trillion(!!!) stimulus bill. Hes trying to buy his way into another term, and no matter how we vote in November this is going to cost our grandchildren a pretty penny if the USA isnt bankrupt by then.
There is no doubt Trump will spend more than $2T more.
The debt is paper so it's impossible to go bankrupt (unless we run out of trees for paper to print the money on). The only threat is inflation, and as long as it's isolated predictable legislation with advanced notification it's extremely unlikely to devolve into hyper-inflation.
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