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Stimulus
| April 17th, 2020 at 3:20:27 PM permalink | |
| SOOPOO Member since: Feb 19, 2014 Threads: 25 Posts: 5748 |
I wasn't even thinking about that. Just his personal taxes. Even if he used every skeevy deduction, the AMT (alternative minimum tax) would be far in excess of a regular worker like Terapined, multiplied by any reasonable multiple. |
| April 17th, 2020 at 6:51:32 PM permalink | |
| aceofspades Member since: Oct 24, 2012 Threads: 83 Posts: 2019 |
I never said taxes would be imposed on it but, if you earn over a certain amount in 2020, you will have to repay the stimulus check |
| April 17th, 2020 at 7:55:39 PM permalink | |
| Dalex64 Member since: Mar 8, 2014 Threads: 3 Posts: 3687 |
The article I posted says otherwise. "Everyone is entitled to his own opinion, but not to his own facts." Daniel Patrick Moynihan |
| April 17th, 2020 at 7:58:38 PM permalink | |
| Evenbob Member since: Oct 24, 2012 Threads: 148 Posts: 25978 |
Not according to Fortune magazine. The stimulus payment is based on 2018-2019 earnings and has nothing to do with what you'll make in 2020. You can make $1000000 this year and not have to pay the stimulus money back If you take a risk, you may lose. If you never take a risk, you will always lose. |
| April 17th, 2020 at 11:13:06 PM permalink | |
| Evenbob Member since: Oct 24, 2012 Threads: 148 Posts: 25978 | I had no place to cash the stimulus check. Haven't had a bank account in 10 years. So I opened a Capital One bank account, I have a bunch of CC's with them. It took a pic of the check with my phone the money is there already. Amazing. If you take a risk, you may lose. If you never take a risk, you will always lose. |
| April 18th, 2020 at 3:53:01 AM permalink | |
| AZDuffman Member since: Oct 24, 2012 Threads: 137 Posts: 21195 |
Capitol One is one of the worst banks I ever had to deal with. They were so bad we had to get their mortgage refinance payoffs from themselves because they did not want to deal with their internal department. War is peace. Freedom is slavery. Ignorance is strength |
| April 18th, 2020 at 6:55:18 AM permalink | |
| DRich Member since: Oct 24, 2012 Threads: 57 Posts: 5896 |
I am not following. Why would anyone have to pay the Stimulus amount received back to the government? Are you just saying that it is taxable? At my age a Life In Prison sentence is not much of a deterrent. |
| April 18th, 2020 at 8:35:04 AM permalink | |
| aceofspades Member since: Oct 24, 2012 Threads: 83 Posts: 2019 |
Hmmm ok - I was misinformed Please disregard my prior post |
| April 18th, 2020 at 10:16:49 AM permalink | |
| Evenbob Member since: Oct 24, 2012 Threads: 148 Posts: 25978 |
They have a bad mortgage rating. Luckily this is be the only money I will ever deposit with them. or any bank. If you take a risk, you may lose. If you never take a risk, you will always lose. |
| April 18th, 2020 at 11:17:37 AM permalink | |
| AZDuffman Member since: Oct 24, 2012 Threads: 137 Posts: 21195 |
They do not have the best credit card rep either. War is peace. Freedom is slavery. Ignorance is strength |