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Massacure

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35. No

Wed Apr 15, 2020, 10:40 PM

Apr 2020

From my understanding (and take it with a grain of salt), the stimulus check is a refund on your 2020 taxes (which need to be filed by April 15, 2021) that is being paid out early. Since no one has filed their 2020 taxes, the refund is being calculated on their 2019 taxes. If you haven't filed 2019 taxes yet, then it will be based on your 2018 taxes. If the payment is based on your 2018 taxes and your 2019 taxes would have resulted in a lower payment, the IRS will not require you to pay the money back. Likewise, an increase in income in 2020 will not negatively affect anyone either.

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'Beyond Predatory': Trump Treasury Department Gives Banks Green Light to Seize $1,200 Stimulus Check [View all] alwaysinasnit Apr 2020 OP

Wait... What? Does this mean Trump used the taxpayers procon Apr 2020 #1

If this sort of thing happened to a tRump supporter, I wonder what kind of reaction they would have. alwaysinasnit Apr 2020 #2

They would blame those damn foreigners IronLionZion Apr 2020 #24

It isn't Trump the businessman. CaptYossarian Apr 2020 #26

They better be talking about legal/court-ordered liens or the proverbial shit will hit the fan ... mr_lebowski Apr 2020 #3

Post removed Post removed Apr 2020 #12

What? Are? You? Saying? Eom LittleGirl Apr 2020 #14

Here's an earlier thread on that (in GD, so I'm not saying this is a dupe) progree Apr 2020 #4

Thanks. I missed seeing that, and I apologize to you and RandySF. alwaysinasnit Apr 2020 #5

Oh heck no, please don't apologize. It's important news of national interest, is not a dupe of progree Apr 2020 #6

I hope those poor folks did not set up direct deposit. SunSeeker Apr 2020 #7

Those that are getting direct deposit risk seizures, while people getting paper checks risk becoming progree Apr 2020 #8

People get really pressured to do direct deposit. I mean, really pressured. nt Hekate Apr 2020 #39

A gift to the predatory debt-collection industry, whose Obama-era restrictions were gutted by trump PSPS Apr 2020 #9

Trump... The yuiyoshida Apr 2020 #10

This is a gift to the banks, loan companies, etc. Dan Apr 2020 #11

You forgot the ex-spouses and children! whistler162 Apr 2020 #18

Hahaha Dan Apr 2020 #31

Gee Whiz - we got the rug pulled out from under us again! Golly, I wish they wouldn't do that. NBachers Apr 2020 #13

This. orangecrush Apr 2020 #42

Absolutely criminal! GD it. eom LittleGirl Apr 2020 #15

trump proves to all again his intent duforsure Apr 2020 #16

Same thing happened with the checks sent out during the Obama stimulus. oldsoftie Apr 2020 #17

So's ya gots ya starvin' chillin's dere do Ya? lambchopp59 Apr 2020 #19

"Starve them out!" SheltieLover Apr 2020 #20

That's too cruel even for Trump. Reminds me of how Mnuchin got so rich. Vinca Apr 2020 #21

So that was the intent all along! moonseller66 Apr 2020 #22

Meanwhile, in Ohio Maeve Apr 2020 #23

Can the check still be deposited if one writes the word "F**k" in front of DJT's signature? tanyev Apr 2020 #25

What he's doing with this duforsure Apr 2020 #27

Wait a minute Bayard Apr 2020 #28

So everything shuts down except debt payments due? TryLogic Apr 2020 #29

each state attorney general should put a law in gopiscrap Apr 2020 #30

So if you need the check to be able to feed your kids, you are SOL? MiniMe Apr 2020 #32

I got notice this morning on my bank account of deposits.... not_the_one Apr 2020 #33

Interesting. Does this mean that they can use whichever of the two tax years results in a lower alwaysinasnit Apr 2020 #34

No Massacure Apr 2020 #35

Thanks for the clarification. alwaysinasnit Apr 2020 #36

I'd read that it was only child support shanti Apr 2020 #37

I don't believe I'll get anything. EndlessWire Apr 2020 #38

Who is eligible? I hope this helps. alwaysinasnit Apr 2020 #40

k riversedge Apr 2020 #41

As a former debt collector let me discuss the realities of the situation melm00se Apr 2020 #43

Then why did the Massachusetts AG go to all the trouble? Bengus81 Apr 2020 #44

Notice the wording melm00se Apr 2020 #45