Reply
 
Thread Tools Display Modes
  #1  
Old 03-19-2020, 07:23 PM
MortSahlFan is offline
Guest
 
Join Date: Nov 2018
Location: US
Posts: 767

Will Unemployed Americans Get $$$?


I'm not talking ones that were just fired or laid off, but for those who haven't been able to find a job for years?
  #2  
Old 03-19-2020, 08:41 PM
pool is online now
Guest
 
Join Date: Jul 2002
Location: Inside
Posts: 4,952
I think news reports I've read said they would use 2018 tax returns so possibly?
__________________
"You can do anything you set your mind to...But money helps"
  #3  
Old 03-19-2020, 09:22 PM
That Don Guy's Avatar
That Don Guy is offline
Guest
 
Join Date: Feb 2011
Posts: 4,933
Quote:
Originally Posted by pool View Post
I think news reports I've read said they would use 2018 tax returns so possibly?
Keep in mind that each check will be limited to what the person/couple paid in tax on their 2018 return, if it is less than $1200 (2400 for a couple).

"What if I didn't have a job in 2018 so I didn't pay taxes?" Then they are supposed to go by the 2019 return.
  #4  
Old 03-20-2020, 01:36 AM
RioRico is online now
Guest
 
Join Date: Sep 2019
Location: beyond cell service
Posts: 2,389
Those with lowest income (if any) will be least likely to receive any money. Long-term unemployed? Homeless? Student? Busker? Hooker? Itinerant worker? Right. Those outside the mainstream get zilch.

Who (beside corporate giants) will receive anything? Folks with homes, addresses, bank accounts, tax returns. Folks with something to lose, who've not yet lost it. They get a little.

Dylan sang, "If you ain't got nothing, you got nothing to lose." Beware when those with nothing to lose get desperate.
  #5  
Old 03-25-2020, 02:36 PM
fedman is offline
Guest
 
Join Date: Sep 2013
Posts: 315
Quote:
Originally Posted by That Don Guy View Post
Keep in mind that each check will be limited to what the person/couple paid in tax on their 2018 return, if it is less than $1200 (2400 for a couple).

"What if I didn't have a job in 2018 so I didn't pay taxes?" Then they are supposed to go by the 2019 return.
you're aware that 2019 returns are not complete
  #6  
Old 03-25-2020, 03:05 PM
Velocity is online now
Guest
 
Join Date: Jun 2014
Posts: 16,904
As I understand it, yes - all American adults who earned under $99,000 last year or last-last year will qualify for stimulus checks. That encompasses the unemployed.
  #7  
Old 03-25-2020, 03:34 PM
SuntanLotion is offline
Guest
 
Join Date: Jun 2017
Location: mentor ohio
Posts: 355
I was laid off two years ago, didn't apply for unemployment. I didn't file for 2017,2018 because my employer never sent me my forms. I have them now, I assumed I get no money
__________________
Do not taunt the monkey-Peter Alexander
  #8  
Old 03-25-2020, 08:58 PM
fedman is offline
Guest
 
Join Date: Sep 2013
Posts: 315
you might ask IRS if you file now?
  #9  
Old 03-25-2020, 09:22 PM
fedman is offline
Guest
 
Join Date: Sep 2013
Posts: 315
Quote:
Originally Posted by That Don Guy View Post
Keep in mind that each check will be limited to what the person/couple paid in tax on their 2018 return, if it is less than $1200 (2400 for a couple).

"What if I didn't have a job in 2018 so I didn't pay taxes?" Then they are supposed to go by the 2019 return.
I went back to review bill, and if you didn't file in 2018, IF you've already filed 2019 then you're covered
  #10  
Old 03-25-2020, 09:25 PM
fedman is offline
Guest
 
Join Date: Sep 2013
Posts: 315
Quote:
Originally Posted by Velocity View Post
As I understand it, yes - all American adults who earned under $99,000 last year or last-last year will qualify for stimulus checks. That encompasses the unemployed.
I went back to review bill, and you're correct that $99,000 is top limit; however, the limit for full 1200 is 75,000. Between 75,000 and 99,000 will be prorated check less than 1200
  #11  
Old 03-26-2020, 12:52 AM
Atamasama's Avatar
Atamasama is offline
Member
 
Join Date: Sep 2009
Posts: 5,373
Quote:
Originally Posted by SuntanLotion View Post
I was laid off two years ago, didn't apply for unemployment. I didn't file for 2017,2018 because my employer never sent me my forms. I have them now, I assumed I get no money
I believe the point of the stimulus package is to aid those whose income was potentially disrupted by this crisis. If a person had no reported recent income then on paper it looks like no disruption occurred.

This is just my understanding of the intent, I am not 100% certain of this however.
  #12  
Old 03-26-2020, 06:25 AM
Bill Door is online now
Charter Member
 
Join Date: Nov 2003
Posts: 5,245
What about people working part time and in the gig economy? In 2019 I earned $2,500 as a background actor. I do strictly local productions, traveling less than thirty miles. It's not a big part of my income, but it gets a line item on my budget. We talk a lot on set about jobs though, and a lot of the background actors are much harder working than I and will travel hundreds of miles for a job, earning at least a subsistence income. All of those productions have gone into hiatus now.

You can add in things like Uber drivers, dog walkers, most people who cut hair are treated like contractors who rent chairs in salons, there's a lot of folks out there who never qualify for unemployment because they don't work a steady 40 hour week. Is there any provision for these guys?
  #13  
Old 03-26-2020, 10:27 AM
Saint Cad is offline
Guest
 
Join Date: Jul 2005
Location: N of Denver & S of Sanity
Posts: 13,935
Quote:
Originally Posted by fedman View Post
I went back to review bill, and you're correct that $99,000 is top limit; however, the limit for full 1200 is 75,000. Between 75,000 and 99,000 will be prorated check less than 1200
Is that based on gross income or AGI?
  #14  
Old 03-26-2020, 01:19 PM
Snowboarder Bo's Avatar
Snowboarder Bo is offline
Member
 
Join Date: May 2005
Location: Las Vegas
Posts: 28,880
Terry works and Terry's paycheck supports spouse Drew; Drew does not work. Do both Terry and Drew get a $1200 check?
  #15  
Old 03-26-2020, 04:11 PM
fedman is offline
Guest
 
Join Date: Sep 2013
Posts: 315
Quote:
Originally Posted by Snowboarder Bo View Post
Terry works and Terry's paycheck supports spouse Drew; Drew does not work. Do both Terry and Drew get a $1200 check?
if you filed joint return, as long as you had salary, then you would get $2400 for couple
  #16  
Old 03-26-2020, 04:39 PM
galen ubal is online now
Guest
 
Join Date: Jan 2001
Location: Central VIC Australia
Posts: 2,902
Quote:
Originally Posted by Saint Cad View Post
Is that based on gross income or AGI?
Various new reports/analyses I've seen say AGI.
  #17  
Old 03-26-2020, 07:09 PM
Snowboarder Bo's Avatar
Snowboarder Bo is offline
Member
 
Join Date: May 2005
Location: Las Vegas
Posts: 28,880
Quote:
Originally Posted by fedman View Post
if you filed joint return, as long as you had salary, then you would get $2400 for couple
Drew has no salary; only Terry earns income.

Last edited by Snowboarder Bo; 03-26-2020 at 07:10 PM.
  #18  
Old 03-26-2020, 07:30 PM
Atamasama's Avatar
Atamasama is offline
Member
 
Join Date: Sep 2009
Posts: 5,373
Quote:
Originally Posted by Snowboarder Bo View Post
Terry works and Terry's paycheck supports spouse Drew; Drew does not work. Do both Terry and Drew get a $1200 check?
I believe they donít both get a check, but Terry can claim Drew as a dependent and that check is a bit more because of it.

I have heard/read conflicting info on how this will work though so donít hold me to it.
  #19  
Old 03-29-2020, 07:37 PM
fedman is offline
Guest
 
Join Date: Sep 2013
Posts: 315
Quote:
Originally Posted by Saint Cad View Post
Is that based on gross income or AGI?
tgi
  #20  
Old 03-29-2020, 07:57 PM
fedman is offline
Guest
 
Join Date: Sep 2013
Posts: 315
I'm going to respond to various posters based on bill summary published in Cleveland's Plain Dealer:

RioRico--"the bill adds 600 a week for 4 months, also adds 13 weeks of coverage for those who have exhausted their jobless benefits"

Atmasama--for couples who have gross income of 75000 or less, they will get 2400 plus 500 for each child

Bill Door--"The bill would create a temporary Pandemic Unemployment Assistance program for those not eligible for jobless benefits-(gig workers)- through Dec 31"

what bothers me is that the bill lets employers not pay matching contributions to Social Security, so SS is going to take a hit.
  #21  
Old 03-29-2020, 08:52 PM
JRDelirious is online now
Charter Member
 
Join Date: Aug 1999
Location: Displaced
Posts: 16,258
I anticipate great confusion and wailing and gnashing of teeth across the land when the payments start arriving and the question becomes how come what my neighbor got is different from what I got.
Quote:
Originally Posted by fedman View Post
what bothers me is that the bill lets employers not pay matching contributions to Social Security, so SS is going to take a hit.
There is a provision that the Treasury will hold harmless the SSTF for the deferral of the contributions (they get moved forward to 2021 and 2022).

Last edited by JRDelirious; 03-29-2020 at 08:57 PM.
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 06:06 PM.

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2020, vBulletin Solutions, Inc.

Send questions for Cecil Adams to: cecil@straightdope.com

Send comments about this website to: webmaster@straightdope.com

Terms of Use / Privacy Policy

Advertise on the Straight Dope!
(Your direct line to thousands of the smartest, hippest people on the planet, plus a few total dipsticks.)

Copyright © 2019 STM Reader, LLC.

 
Copyright © 2017