Covid-19 Legislation

[JJ Husker]

3 hours ago, BigRedBuster said:

 

As for checks, I have three kids from 19-24.  The youngest has received a deposit.  The others haven't.  I'm wondering about if the oldest will get one because she hasn't had to file a tax return for the last couple years.

 

Anyone have a clue how that works?

After a little more research, I don’t think anyone collects, parent or kid, for dependents over the age of 16. To get the $500 the kid has to be 16 or under and claimed as a dependent on your return. To get the $1200 they cannot be claimed as dependent on anyone else’s return. So, I think those of us with college age kids get double screwed. Somebody please tell me I’m wrong.

[RedDenver]

 

[RedDenver]

 

[DevoHusker]

11 hours ago, JJ Husker said:

After a little more research, I don’t think anyone collects, parent or kid, for dependents over the age of 16. To get the $500 the kid has to be 16 or under and claimed as a dependent on your return. To get the $1200 they cannot be claimed as dependent on anyone else’s return. So, I think those of us with college age kids get double screwed. Somebody please tell me I’m wrong.

 

This is how a buddy, who has one in college and a 17 year old, has researched it as well...he is not especially thrilled that not only will he not get the $500 for either of them, they will not receive anything either

[BigRedBuster]

13 hours ago, JJ Husker said:

After a little more research, I don’t think anyone collects, parent or kid, for dependents over the age of 16. To get the $500 the kid has to be 16 or under and claimed as a dependent on your return. To get the $1200 they cannot be claimed as dependent on anyone else’s return. So, I think those of us with college age kids get double screwed. Somebody please tell me I’m wrong.

What's interesting though, my son received one.  He's always been listed as a dependent.

 

Oh well.

[JJ Husker]

3 minutes ago, BigRedBuster said:

What's interesting though, my son received one.  He's always been listed as a dependent.

 

Oh well.

Would he happen to be right near the age bubble? Possibly the cut off age was at some previous date or based on his age at the last tax filing  If he’s the youngest of your kids...

[BigRedBuster]

20 minutes ago, JJ Husker said:

Would he happen to be right near the age bubble? Possibly the cut off age was at some previous date or based on his age at the last tax filing  If he’s the youngest of your kids...

He's 19 and a sophomore in college.

[JJ Husker]

11 minutes ago, BigRedBuster said:

He's 19 and a sophomore in college.

I’ve also seen/heard that the cut off age may be 18 instead of 16 

Not that having a gap in the benefit makes a lick of sense but 18 does make a lot more sense than 16.
 

Anyway, congrats for “gaming” the system 

[BigRedBuster]

11 minutes ago, JJ Husker said:

I’ve also seen/heard that the cut off age may be 18 instead of 16 

Not that having a gap in the benefit makes a lick of sense but 18 does make a lot more sense than 16.
 

Anyway, congrats for “gaming” the system 

  I guess.

[TGHusker]

Got our cks yesterday - direct deposit. 

[commando]

“USAA is confiscating the emergency $1,200 coronavirus checks from veterans and military families who have debt, leaving us struggling to survive during this crisis. This is absolutely unacceptable.”

 

https://www.rawstory.com/2020/04/shameful-with-blessing-from-trump-treasury-big-bank-seizes-coronavirus-relief-payments-from-veterans/

[RedDenver]

 

[BigRedBuster]

 

[Moiraine]

2 hours ago, commando said:

“USAA is confiscating the emergency $1,200 coronavirus checks from veterans and military families who have debt, leaving us struggling to survive during this crisis. This is absolutely unacceptable.”

 

 

Welp I was wrong. I figured they wouldn't want the negative PR.

[teachercd]

10 minutes ago, BigRedBuster said:

 

Also, Mnuchin thinks every American is a college kid.  Living with 4 buddies in an 800 dollar a month home.