That may answer a lot of questions people have if they qualify.
FWIW, I confirmed we will not and I am fine with that we are a two fed family with secure jobs that can be done remotely. I thank that is correct. |
Does the calculator include 2020 info to tell you if you have to pay it back? |
What kind of a PSA doesn't include a link?
https://www.washingtonpost.com/graphics/business/coronavirus-stimulus-check-calculator/ |
Thanks. It doesn’t include an estimate for 2020. If they had that they could tell you that you will get X but will pay back Y or that you got under the amount and will get a larger refund when filing next year. |
WT? As HOH I get 20% of what a married couple would get. Put another way, married gets 5 times more relief.
And NO - I don't get child support or any other support. |
You get the same $1,200 for each adult as a married couple or single person + $500 for each dependent. The income threshold increases from a single person. That’s the only difference. Why would you get more than $1,200 for yourself? |
Do college students who had income but were declared dependent by their parents get any? |
This is to figure out how much of a check you'll get now, in 2020. The amount is based on your 2018 income, as reported on your tax return. |
From what I’m seeing, no. The parents will get $500 and the dependent gets nothing. If the college student was a dependent in 2019 but not 2020 the. The parent will get $500 from the advanced payment then have to repay it in 2020 and the dependent will receive an extra $1,000 refund on their taxes because they never received the advanced payment they were eligible for. |
What is head of household? I am apparently in need of some tax education. |
What if you’re married but filed separately? |
I am head of household as a single parent. Not sure who else it applies to. |
Should be per household. Penalizes single parents who get $0 while making the same income as a childless married couple or family with one earner making the same or more. In both situations there is just one earner. How does that make sense? |
Write your Senator. |
Uh, because there are two adults in the family instead of one. |