Erica Ladd
DIS Veteran
- Joined
- Jun 12, 2018
Sorry duplicate post
In my mind, if your job is stable and you are getting zero, that's a good thing. That's the situation we're in and I have no issues with it. I actually think the thresholds are pretty generous.
That’s what I figured! Thanks!vased on the article below it appears married filing separately is treated like single.
https://www.kiplinger.com/article/s...checks-2020-how-much-when-and-other-faqs.html
Because it has nothing to do with income being affected by it. It has to do with giving people extra money to spend to "stimulate" the economy.Makes no sense to me why seniors on SS or disabled on SSI are getting checks. Their income was never affected from corona virus.
Yes they have, you have till July 15th to make 2019 Roth Contributions. I don't have a link. I listen to Clark HowardA little off topic but does anyone know if they’ve extended the window to make Roth IRA contributions to match the new extended filing deadline? Hoping there’s an accountant on here who might know the answer thanks! Sorry if it does not deal with the stimulus package but it will be important to us when we do get our checks
Yes they have, you have till July 15th to make 2019 Roth Contributions. I don't have a link. I listen to Clark Howard
Meant to quote this, wondering where you found this informatio?Just a note, if you qualify for a stimulus check based on your 2018 or 2019 taxes, but have an AGI > than the maximum when filing your 2020 taxes in 2021, you will have to pay the money back.
Makes no sense to me why seniors on SS or disabled on SSI are getting checks. Their income was never affected from corona virus. Not to sound mean, I don't mind helping seniors or disabled but this money is meant to help those who have lost income, no? Or was this just designed to get people to spend $ to stimulate the economy?
Meant to quote this, wondering where you found this informatio?
source: https://thecollegeinvestor.com/33324/coronavirus-stimulus-checks/Will I have to pay this back?
This check is a tax credit for your 2020 return. It's technically based on your 2020 income. So, if your income rises above the AGI limits, you would have to pay it back.