Anonymous wrote:We had a combined HH income of something like $210k and have two kids, married filing jointly. I have to double check my income as I was on FMLA for like two months. But there is a deposit for $2500 into our account. I am afraid to use it, this must be a mistake?
Anonymous wrote:https://www.google.com/amp/s/amp.kiplinger.com/article/taxes/T056-C032-S014-filing-taxes-early-cost-me-my-stimulus-check.html
This is what happened to me too. Filed 2019 taxes in February back before this all blew up and rendered myself ineligible for a stimulus check. Now that you don’t have to pay it back and it’s “free” money (even though it’s obviously costing people like me in the long term) it’s definitely frustrating that doing the right thing and getting my taxes in well before the filing deadline cost me. Yeah, $1200 or $2400 isn’t significant, but it’s still money. Annoying, for sure.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I thought the checks were supposed to start with the people who have the lowest incomes. Is that only for people getting actual checks vs direct deposit?
That's only for being who aren't getting direct deposit. Those physical checks will be sent in the mail in waves - I heard they'll send out 5,000 physical checks a week which is why its tiered by income.
Gosh, there's 68 million Americans without bank accounts. . . people on Social Security with no bank accounts have debit cards, and people receiving cash assisance get cards (not many of those anymore), but seems like there's probably a lot of paper checks to be mailed out. Just half a million at that rate would take 2 years.
I have a joint account with my DS for some practical reasons. There's a $1200 pending transaction in there, not sure whose it is--we both get federal CRP (agricultural) deposits to that account so based on that it could be either of us, I don't use that account when I submit payment with income tax filing and I don't think DS has used it--but why just one of us?
Anonymous wrote:Anonymous wrote:I thought the checks were supposed to start with the people who have the lowest incomes. Is that only for people getting actual checks vs direct deposit?
That's only for being who aren't getting direct deposit. Those physical checks will be sent in the mail in waves - I heard they'll send out 5,000 physical checks a week which is why its tiered by income.
Anonymous wrote:I thought the checks were supposed to start with the people who have the lowest incomes. Is that only for people getting actual checks vs direct deposit?
Anonymous wrote:Anonymous wrote:If it phases out for high incomes, it should also phase out the kid payments (and I say this as someone with two kids, who will just barely be missing out on the payment because our AGI for 2019 was slightly over the threshold — we would have gotten about $2,000 if we hadn’t already filed and used 2018 figures, according to an online calculator I found). Why would they be sending money out for dependents whose parents make enough not to qualify otherwise?
https://cdn.vox-cdn.com/thumbor/H68T1zC3NqWNLxDahFFLwM8S6ok=/1400x0/filters:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/19825993/taxfoundation_caresact_stimulus.png
It does phase out the kid payments.
It's so hilarious how people are bitching about not getting the stimulus while billions of dollars are being handed to corporations for free.![]()
Anonymous wrote:The direct deposit is in my account though it's dated for the 15th.
Both my husband and I received one (me for $1700 and him for $1800), though we both made over 100k in 2018. We have not yet filed for 2019.
We have two children and we each claim one each. We file married/single.
I'm so confused, but I admittedly do not understand taxes much at all.
Anonymous wrote:Anonymous wrote:Anonymous wrote:If it phases out for high incomes, it should also phase out the kid payments (and I say this as someone with two kids, who will just barely be missing out on the payment because our AGI for 2019 was slightly over the threshold — we would have gotten about $2,000 if we hadn’t already filed and used 2018 figures, according to an online calculator I found). Why would they be sending money out for dependents whose parents make enough not to qualify otherwise?
https://cdn.vox-cdn.com/thumbor/H68T1zC3NqWNLxDahFFLwM8S6ok=/1400x0/filters:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/19825993/taxfoundation_caresact_stimulus.png
It does phase out the kid payments.
It's so hilarious how people are bitching about not getting the stimulus while billions of dollars are being handed to corporations for free.![]()
Isn't that actually more reason to bitch?
Anonymous wrote:Anonymous wrote:If it phases out for high incomes, it should also phase out the kid payments (and I say this as someone with two kids, who will just barely be missing out on the payment because our AGI for 2019 was slightly over the threshold — we would have gotten about $2,000 if we hadn’t already filed and used 2018 figures, according to an online calculator I found). Why would they be sending money out for dependents whose parents make enough not to qualify otherwise?
https://cdn.vox-cdn.com/thumbor/H68T1zC3NqWNLxDahFFLwM8S6ok=/1400x0/filters:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/19825993/taxfoundation_caresact_stimulus.png
It does phase out the kid payments.
It's so hilarious how people are bitching about not getting the stimulus while billions of dollars are being handed to corporations for free.![]()