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$1,200 Economic Stimulus Checks
Posted: April 12th, 2020, 2:15 pm
by jamesbond
I just came across this video where this tax expert explains what's going on regarding the $1,200 economic stimulus checks.
Re: $1,200 Economic Stimulus Checks
Posted: April 12th, 2020, 2:17 pm
by jamesbond
In this video he explains the entire economic stimulus package for both businesses and individuals.
Re: $1,200 Economic Stimulus Checks
Posted: April 16th, 2020, 3:01 am
by Winston
Some information on the economic stimulus checks and how to get yours.
https://www.fool.com/investing/2020/04/ ... ow-to.aspx
Re: $1,200 Economic Stimulus Checks
Posted: April 17th, 2020, 10:51 am
by Winston
Good news. Even if you didn't file your taxes last year or this year, and are not required to file any, you can still file to receive your government stimulus check at the IRS link below. According to this site:
https://www.fool.com/investing/2020/04/ ... ow-to.aspx
If you didn't file a 2018 or 2019 tax return, here's what you need to do ASAP
It's important to note that if you didn't have to file a 2018 or 2019 tax return and are worried about not getting a stimulus payment, you don't need to wait until the Get My Payment tool becomes available. The IRS launched a non-filers portal last week to allow people who typically don't need to file a tax return to submit their bank information so they can receive a stimulus payment.
Finally, Social Security beneficiaries for the most part don't need to do anything to receive a stimulus payment. With a few exceptions -- such as SS beneficiaries with children or new beneficiaries in 2020 -- Social Security recipients will automatically receive their stimulus payments in the same manner in which their Social Security benefits are paid out.
The IRS portal link they provided to submit your information to receive the stimulus check is here:
https://www.irs.gov/coronavirus/non-fil ... -info-here
Note that this is only if you were not required to file any taxes for this year or last. If you are, then you gotta file it first.
Re: $1,200 Economic Stimulus Checks
Posted: April 17th, 2020, 2:52 pm
by Moretorque
They should throw in a good recipe for some wholesome bat stew with a kitty side dish.....
Re: $1,200 Economic Stimulus Checks
Posted: April 22nd, 2020, 3:42 am
by Winston
A list of free online tools to file your taxes that the IRS recommends.
https://apps.irs.gov/app/freeFile/
Some useful IRS links about getting your stimulus checks.
If you were not required to file taxes for this year or last, use this page to file for your stimulus checks:
https://www.irs.gov/coronavirus/non-fil ... -info-here
To check on the status of your payment:
https://www.irs.gov/coronavirus/get-my-payment
If you're not sure whether you need to file taxes this year or not, use this guide to see if you are required according to the criteria:
https://www.irs.gov/help/ita/do-i-need- ... tax-return
FAQ page about the stimulus checks and the criteria to see if you are eligible for it:
https://www.irs.gov/coronavirus/economi ... ion-center
Guide on how to get your stimulus check payment:
https://www.irs.gov/newsroom/how-to-use ... ct-payment
Re: $1,200 Economic Stimulus Checks
Posted: April 22nd, 2020, 3:52 am
by Cornfed
You're wohooing about getting your 1200 gibs. Absolutely pathetic and disgusting.
Re: $1,200 Economic Stimulus Checks
Posted: April 22nd, 2020, 5:55 am
by PeterAndrewNolan
Hey Cornfed,
good to see you here after all these years! How are you doing?
I see the police states are making progress across all the western world.
If I had described this "quarantine" to people in January they would have locked me up as IN-SANE!
I hope you are fit and well!
Best Regards
PAN
Re: $1,200 Economic Stimulus Checks
Posted: April 22nd, 2020, 6:09 am
by Shemp
Cornfed wrote: ↑April 22nd, 2020, 3:52 am
You're wohooing about getting your 1200 gibs. Absolutely pathetic and disgusting.
You recently admitted you are living on the New Zealand dole aka welfare system, isn't that right?
Re: $1,200 Economic Stimulus Checks
Posted: April 22nd, 2020, 9:02 am
by jtest28
All this stimulus money, coming from thin air. I wish someone, and I will admit I can't do it, but I wish someone could break down just how much that will cost us in the long run due to inflation. Everything will get more expensive, and your job wont really ever up your pay in proportion, unless its a minimum wage job. So this stimulus money is robbing the middle-class, I just dont know by how much. If it was by the current value of say, $1200, then that's fine and perfectly fair. But I just think it comes out to higher than that.
Re: $1,200 Economic Stimulus Checks
Posted: April 22nd, 2020, 10:19 am
by Moretorque
Our rulers have complete control over this, we are going into deflation on most assets. That 1200 per head will not stop this. The bank economy is just a supply of #'s with us on a debt tread wheel. Because of all the job loses and less is going into the real economy and loans being paid back this will cause deflation. You will have price inflation on things in demand like food and the breaks in the food chain will drive it all through the roof.
Winston if you want to loose weight you should stay in the US coming up.... Also there are lots of cats to eat here. You should have me over for some kitty.. I have 3 and I am fattening them up for a nice gourge..
Re: $1,200 Economic Stimulus Checks
Posted: April 22nd, 2020, 11:48 am
by MatureDJ
I think that the robot economy we are transitioning to will allow for a massive growth spurt in the money supply. We could probably print $5T per year, and it wouldn't make a difference.
Re: $1,200 Economic Stimulus Checks
Posted: April 23rd, 2020, 6:20 pm
by Cornfed
PeterAndrewNolan wrote: ↑April 22nd, 2020, 5:55 am
Hey Cornfed,
good to see you here after all these years! How are you doing?
I see the police states are making progress across all the western world.
If I had described this "quarantine" to people in January they would have locked me up as IN-SANE!
I hope you are fit and well!
Best Regards
PAN
Yes, a few months of labouring has left me the fittest and wellest I've been in a few years. A bit short of income and not much chance of earning more of it due to this insane lockdown at the moment, but I have savings so no worries. It is indeed incredible that the bad guys are getting away with the lockdown given that the data is in and we are just dealing with the common cold.
Re: $1,200 Economic Stimulus Checks
Posted: April 23rd, 2020, 7:36 pm
by Contrarian Expatriate
Although I am not eligible to recieve it, this $1200 check is the PERFECT thing for Trump to offer in an election year. I understand he intervened and required the Dept of Treasury to have his name as the signatory instead of the Secretary of the Treasury.
This is yet one more step towards ensuring his re-election. All we need now is Biden to make a boneheaded choice for his VP and Trump is guaranteed to win. Rumor has it that Michelle Obama and Hillary Clinton are on his short lists! Either one would be great to ensure his victory.
Re: $1,200 Economic Stimulus Checks
Posted: April 23rd, 2020, 11:21 pm
by Winston
How can Michelle Obama or Hillary Clinton be Trump's next VP? They are Democrats and would have to switch parties. It'd damage their credibility if they switched parties like that, and would look bad. Plus Trump probably doesn't like either of them. Why not choose a nice Republican woman with good conservative values?