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Stimulus checks

Started by PopeyesPappy, April 13, 2020, 07:25:32 PM

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aitm

Quote from: Baruch on April 15, 2020, 11:50:24 AM
Like this one?

"Indiana man waiting for stimulus payment finds $8.2M in his bank account" ... I am from the government, I am here to help you ... ;-))
If I got “million” in the bank..ain’t nobody gonna hear a peep from me.
A humans desire to live is exceeded only by their willingness to die for another. Even god cannot equal this magnificent sacrifice. No god has the right to judge them.-first tenant of the Panotheust

Baruch

#16
Quote from: Hydra009 on April 15, 2020, 12:01:45 PM
US Reps Tim Ryan (unrelated to the coronavirus-spreading Ryan) and Ro Khanna propose $2,000/month for at least 6 months.

This seemed possible in the US a month ago (when the reality of lockdown was still theoretical).  It seems possible in Australia and UK now.  They are both more socialist than the US.  This is problematic for the EU, because of the Euro.  Italy can't print Euros, they need to suck Germanic tit to convince the Germanics to do so, and Greater Germania just said no to "corona bonds".  Germanics being Germany, Austria, Switzerland, The Netherlands, Belgium on alternative week days, and such tiny impurities as Luxembourg and Lichtenstein.  Denmark may be an honorary member because of geographical contiguity.  The US, UK and Australia have the potential for this, primarily because they print their own money.  And aside from the China/Russia combine (as core of the BRICs), the US dollar is the global lingua financial tool.  How much liquidity/monetary expansion can the warp drive take (per Scotty)?  Liquidity expansion isn't inflationary but may have other bad effects.  Monetary expansion is inflationary (but manageable in a time of deflation).

In conclusion, if the lockdown continues all the way thru May, rather than partial letup in some states in May, then an additional tranch of displaced employee support will be necessary.  New York and other particularly hard-hit areas, will the latest and slowest to let up.
Ha’át’íísh baa naniná?
Azee’ Å,a’ish nanídį́į́h?
Táadoo ánít’iní.
What are you doing?
Are you taking any medications?
Don't do that.

Gawdzilla Sama

Quote from: aitm on April 15, 2020, 12:42:46 PM
If I got “million” in the bank..ain’t nobody gonna hear a peep from me.
Oh, the customs people in Australia might hear from me. "Welcome, Mr. American Millionaire."
We 'new atheists' have a reputation for being militant, but make no mistake  we didn't start this war. If you want to place blame put it on the the religious zealots who have been poisoning the minds of the  young for a long long time."
PZ Myers

Hydra009

Quote from: aitm on April 15, 2020, 12:42:46 PM
If I got “million” in the bank..ain’t nobody gonna hear a peep from me.
Keep this under your hat, but I'm already a millionaire.


SGOS

Quote from: Hydra009 on April 15, 2020, 03:43:52 PM
Keep this under your hat, but I'm already a millionaire.


Good for drug deals and illegal arms sales.

Hydra009

Quote from: SGOS on April 15, 2020, 03:51:47 PM
Good for drug deals and illegal arms sales.
How do you think I got it?  ( Í¡~ ͜ʖ ͡°)

Baruch

#21
Most early Covid checks were deposited electronically.  Mine and my Ex were deposited electronically today.  For other people with more complicated tax filing situations, the money will be derived by a check in the mail.  This can be tracked thru the IRS website.
Ha’át’íísh baa naniná?
Azee’ Å,a’ish nanídį́į́h?
Táadoo ánít’iní.
What are you doing?
Are you taking any medications?
Don't do that.

SGOS

No check yet.  I may be in the group that has to wait.  I think I usually owe the government money, and they have permission to automatically withdraw from my bank, I don't know if that's the same box I check that allows them to direct deposit.

PopeyesPappy

Quote from: Baruch on April 14, 2020, 11:01:44 AM
You got it thru mail or direct deposit to where your usual tax refunds go?

Direct deposit. Mom got hers yesterday too. She also got dad's, and he passed away in September of 18 I guessing that sooner or later they'll be wanting that one back. She'll be lucky if they don't want interest.
Save a life. Adopt a Greyhound.

Baruch

Quote from: SGOS on April 16, 2020, 07:58:37 AM
No check yet.  I may be in the group that has to wait.  I think I usually owe the government money, and they have permission to automatically withdraw from my bank, I don't know if that's the same box I check that allows them to direct deposit.

People who have already filed at IRS for last year (this year) ... are in the clear.  Alternative methods available to those who haven't yet filed for last year (this year).  Sorry.  Check out the IRS web site.
Ha’át’íísh baa naniná?
Azee’ Å,a’ish nanídį́į́h?
Táadoo ánít’iní.
What are you doing?
Are you taking any medications?
Don't do that.

Baruch

Quote from: PopeyesPappy on April 16, 2020, 12:40:00 PM
Direct deposit. Mom got hers yesterday too. She also got dad's, and he passed away in September of 18 I guessing that sooner or later they'll be wanting that one back. She'll be lucky if they don't want interest.

Well, it is based on someone filing for taxes this year, for last year's income.  I assume your parents filed jointly, so the check should be against that status, not individually, unless they were separated etc.  Don't know if the money is pro-rated.  I only worked 1/3 of last year.
Ha’át’íísh baa naniná?
Azee’ Å,a’ish nanídį́į́h?
Táadoo ánít’iní.
What are you doing?
Are you taking any medications?
Don't do that.

Mike Cl

My wife and I got ours yesterday--direct deposit.  For the last 8 yrs. we have went to the Seniors Center to have our taxes done--they do them M, W, F thru the tax season, starting in early Feb.  Not this year--the center has been shut down for quite some time, and who knows when it will re-open.
Is God willing to prevent evil, but not able?<br />Then he is not omnipotent,<br />Is he able but not willing?<br />Then whence cometh evil?<br />Is he neither able or willing?<br />Then why call him god?

Gawdzilla Sama

Quote from: Mike Cl on April 16, 2020, 02:00:16 PM
My wife and I got ours yesterday--direct deposit.  For the last 8 yrs. we have went to the Seniors Center to have our taxes done--they do them M, W, F thru the tax season, starting in early Feb.  Not this year--the center has been shut down for quite some time, and who knows when it will re-open.
We use Turbo Tax. Painless and thorough.
We 'new atheists' have a reputation for being militant, but make no mistake  we didn't start this war. If you want to place blame put it on the the religious zealots who have been poisoning the minds of the  young for a long long time."
PZ Myers

PopeyesPappy

Quote from: Baruch on April 16, 2020, 01:12:31 PM
Well, it is based on someone filing for taxes this year, for last year's income.  I assume your parents filed jointly, so the check should be against that status, not individually, unless they were separated etc.  Don't know if the money is pro-rated.  I only worked 1/3 of last year.

In mom's case the check she received was based on her 2018 joint return. She hasn't filed her 2019 single return yet. Apparently a lot of people are in the same boat. Treasury hasn't figured out what to do about it yet. 
Save a life. Adopt a Greyhound.

Sal1981

Andrew Yang lost the race, but won the argument.