Stimulus & Bailout Watch Thread

[newarkhiphop]

whats the $3k to $3,600k per kid thing?

 

[the cac mamba]

whats the $3k to $3,600k per kid thing?

think you get 300 a month for a year if you have a kid

 

[Dat Migo]

is still based on if you had kids when you did you 2019 taxes, or is it if you have kids now?

What's your situation? If you didn't have a kid last year but do now then you should file asap.

 

[Miles Davis]

whats the $3k to $3,600k per kid thing?

Child tax credit

 

[Rawtid]

Does anyone know how that $10.2k UI not being taxed will play out? Will they update the 1099-G sent out by the state?

I went to a CPA this year and they said they haven't heard of the update (i guess makes sense, bc it hasn't been signed into law yet) but i told her to hold off on submitting my return until this is finished. Not trying to get caught with my pants down

Did you take taxes out of your unemployment payments? If so, they will owe you if the first $10k isn’t taxed.

 

[☑︎#VoteDemocrat]

 

[NeilCartwright]

Did you take taxes out of your unemployment payments? If so, they will owe you if the first $10k isn’t taxed.

Yea i chose to have taxes withheld during the year. The accountant hit me and said they're gonna wait to file returns with UI until their system updates. So i guess we'll see how it shakes out

 

[Voice of Reason]

Child tax credit

Folks with kids are going to be eating this tax season

 

[Miles Davis]

Folks with kids are going to be eating this tax season

Facts. Some people gonna be seeing more than they make in a year, I hope it encourages them to vote more.

 

[Voice of Reason]

Facts. Some people gonna be seeing more than they make in a year, I hope it encourages them to vote more.

Right but I think they get half in a lump sum and half over a 4 month payment

 

[Voice of Reason]

So people with kids will get the 3k per child and the extra stimulus per child?

For instance a person with 3 kids will get 5600 dollars from the Stimulus. Will they get an additional 3k per kid on top of that?

 

[FAH1223]

 

[Eye Cue DA COLI GAWD]

So people with kids will get the 3k per child and the extra stimulus per child?

For instance a person with 3 kids will get 5600 dollars from the Stimulus. Why they get an additional 3k per kid on top of that?

Yes

 

[CoryMack]

So people with kids will get the 3k per child and the extra stimulus per child?

For instance a person with 3 kids will get 5600 dollars from the Stimulus. Why they get an additional 3k per kid on top of that?

trying to encourage more whites to have kids

 

[Voice of Reason]

Folks with like 3 kids are about to get like 25 plus racks

Edit: plus folks are about to claim up to 4 thousand in child care creditor