DL Open Thread: Weds., April 15, 2020
Stimulus Checks Delayed So That Trump’s Signature Can Be Stamped On Them. Thankfully, my kids have e-banking.
Everything Falls Apart, Ctd. US. Global. The daily carnage: 609,685 confirmed cases, 26,059 deaths in the US. This count does not include the updated NY count, which would place the deaths at near 30,000.
Trump Undercuts WHO, His Latest Scapegoat. A: It’s a lie. B: He did/didn’t do everything he’s blaming on the WHO. C: Cutting money to the leading world organization fighting a pandemic in the middle of a pandemic can only make the pandemic worse. Read this article. You’ll learn something. Health experts call the funding halt a ‘crime against humanity’.
White House Ignores Senate Demand To Explain IG Firing. They’re a criminal organization, they don’t respect any laws.
Everything You Need To Know About Ventilators. Excellent explanatory journalism from Pro Publica.
Rethugs’ Voter Purging Continues During Pandemic. They are a criminal organization, enabled by their elected criminals.
Inside The Historic Oil Bust. Doesn’t look like the Russia-Saudi deal is gonna help much.
Nursing Home Deaths Explode. Just the tip of the iceberg. They’re happening all over the country.
What do you want to talk about?
and good thing those stimulus checks went on last years tax returns!!!!
Supposedly stimulus checks are based on your 2019 return, if you have filed it already, or on your 2018 return if not. If your 2019 income was greater than 2018, best to delay filing until the extended deadline July 15. That way the stimulus check will be based on your 2018 return.
Yup. so since i was holing off on filing till july they went on 2018 agi. if i had filed already i would be SOL
“Sec. 6428. 2020 Recovery Rebates for Individuals
(a) In General – In the case of an eligible individual, there shall be allowed as a credit against the tax imposed by subtitle A for the first taxable year beginning in 2020…..”
The stimulus checks are actually estimated advances on a credit against your 2020 taxes. They are basing the estimate on the last return you filed, but if your 2020 income phases you out and you got a check, I think you’re going to owe it back.
Apparently that’s only true of people making over $75,000.
its good that they give us time to prepare for how the 2020 taxes will go. i’ll just plan to defer the 4th quarter income till the first quarter of 2021
ugh… at least that seems fair.
Ha, ha jokes on me. My wife and I, like many healthcare types are working mandatory OT that will put us over the threshold so I guess even though we plan on sending the cash to our laid off daughter so she can pay the rent, we will still owe for 2020 but airlines won’t owe. Not exactly what I would call fair. But I guess as long as the 1%s are getting paid, all is well.
Technically the thing to do in that situation is to increase your withholding for each pay, so you don’t have to write a check next April. And maybe there will be a tax cut for 2020 that will lessen the bite.
lol, no shit! Just kinda sucks, “We need you, but hedge fund managers need to be paid, too.” After all who would do their grocery shopping?
Also, “Bootstraps, ” lol.
Major Outbreak At Milford Nursing Home. 52 residents and 13 employees test positive:
http://www.wboc.com/story/42007630/hard-hit-milford-longterm-care-facility-says-several-residents-have-died-in-connection-to-covid19