stymlus payment ???
Apr 25, 2020 06:01:03 #
News this morning ... you have 48 hrs to apply for the stimulus check if you do not pay tax.
For non filers:
https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here
For non filers:
https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here
Apr 25, 2020 06:35:16 #
Howie1a wrote:
How are you doing with getting your stymlus payment we are still waiting we are on SS and it is our only income so no income tax but I understand we should get it too ( when )
Soon...hopefully but I really don't know if or when it will materialize.......?
Apr 25, 2020 07:49:39 #
We got our stimulus about 15 days ago - direct deposit. Also, our SS is direct deposited on the 2nd Wednesday of the month - April's arrived as expected.
Apr 25, 2020 07:52:46 #
kenArchi wrote:
Why should we on SS expect/suppose to get stymlus?
Isn't it more preferable for those who have lost their jobs and fanily members?
Isn't it more preferable for those who have lost their jobs and fanily members?
I think you are right.
Apr 25, 2020 07:59:59 #
rmorrison1116 wrote:
So you like to lend the government your money interest free. The smart thing to do is calculate what your tax payment should be and anything over that, put into an account that earns income. Getting a big refund from the IRS is not a good thing. Getting income deposited into your investment account from a financial institution is a good thing. But if you want to throw away money by lending your money, interest free, to the federal government, hey, it's your money.
Hey, there is nothing wrong with supporting our government. They send me more than I send them. Besides, if your talking about a couple of thousand dollars accumulating monthly from payroll deductions the interest isn't enough to matter. Getting a small check from IRS once a year is a feel good experience which to many is worth the small price.
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Apr 25, 2020 08:15:45 #
berchman
Loc: South Central PA
rmorrison1116 wrote:
So you like to lend the government your money interest free. The smart thing to do is calculate what your tax payment should be and anything over that, put into an account that earns income. Getting a big refund from the IRS is not a good thing. Getting income deposited into your investment account from a financial institution is a good thing. But if you want to throw away money by lending your money, interest free, to the federal government, hey, it's your money.
Interest? What interest? Interest rates on savings accounts are below 1%.
Apr 25, 2020 08:34:53 #
rmorrison1116 wrote:
Having to wait a few days for free money is better than getting nothing at all. I see nothing unfortunate about free money.
The “unfortunate” in my sentence refers to the lifestyle which does not typically have a bank account number to the IRS.
Apr 25, 2020 08:36:17 #
Apr 25, 2020 08:39:14 #
Flash Falasca wrote:
How is SS not taxable ??
The amount can be so low as to not require a tax return.
Apr 25, 2020 08:45:26 #
Flash Falasca wrote:
How is SS not taxable ??
Income Tax on SS is on a sliding scale based on income. This determines how much of your SS gets taxed from 0 to 80 percent. That is the amount that is included with your other income and gets taxed as regular income.
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Apr 25, 2020 08:46:58 #
Howie1a wrote:
How are you doing with getting your stymlus payment we are still waiting we are on SS and it is our only income so no income tax but I understand we should get it too ( when )
Mine came in the mail yesterday, which surprised me. When I had checked on the IRS website last week, it said for anyone on SS it was going to be mailed on the 24th. That was a pleasant surprise when I opened the mailbox yesterday and saw it.
Apr 25, 2020 08:48:50 #
Howie1a wrote:
How are you doing with getting your stymlus payment we are still waiting we are on SS and it is our only income so no income tax but I understand we should get it too ( when )
on SS/Mil retired got it the first day they issued it, helped a lot that I did my taxes online and really early like when the info was first available to me.
Apr 25, 2020 08:59:39 #
Howie1a wrote:
How are you doing with getting your stimulus payment ...
Both the spousal unit and I got the stimulus payment ... we were kind of surprised that she got it, she does not receive SS only her payment from her government retirement ... I receive SS as well as payment from a federal retirement and my military retirement pay ... anyroad - I had a GAS attack and bought a bunch of US-made stuff ...
Bob S
Apr 25, 2020 09:03:27 #
Bob Mevis wrote:
Lucky devil. Lol. I'm on disability and I don't really expect to get one.
I am on disability, and I got mine last week...
Apr 25, 2020 09:19:51 #
I thought I read somewhere that the order of payments would start with those at the lower end of income in each category, nota sure though.
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