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?
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.
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.
you’re aware that 2019 returns are not complete
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 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
you might ask IRS if you file now?
I went back to review bill, and if you didn’t file in 2018, IF you’ve already filed 2019 then you’re covered
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
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.
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?
Is that based on gross income or AGI?
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
Various new reports/analyses I’ve seen say AGI.
Drew has no salary; only Terry earns income.
I believe they don’t 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 don’t hold me to it.
tgi
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.