Newest stimulus check

[wdfifteen]

Originally Posted by stevej37

^^^
and that is why it is fair....2020 being an aberration.

Please explain.

[stevej37]

^^^
Do you feel 2020 was a 'normal' year for income?

[cabmandone]

Originally Posted by stevej37

Do you feel 2020 was a 'normal' year for income?

For some it was far better than "normal". The only reason it was slightly below normal for me was that used equipment has been so strong that my normal suppliers have been retailing their competitive brand or sending it to auction where it was bringing almost retail numbers. My best first quarter during my time in business was 2020. Weird... I know.

[stevej37]

I think they are looking for a 'normal' basis for their calculations. Not how good or bad 2020 happened to bring.

[Skillet83]

I will not receive a stimi and would never accept one. I am tired of the free chit army. This stimulus has nothing to do with helping the citizens of our country. You have been sold another boat load of BS. No body will say anything because they get their little check hoping for me. F'ing sheep being led to slaughter. How many here that receive some butter actually needed it? 1.9T with about 3B going to the people, F me.

[Pazuzu]

Originally Posted by cstreit

I don’t understand how anyone on a Porsche forum is getting a stimulus check...

Is it really that hard to understand?
I "alone" wouldn't get a dime. I as "part of a married couple, who's wife owns her business and pushed nearly every dollar back into it over the past 10 years while taking a few thousand as income when possible" will get the full amount.

Not that hard to understand.

[Pazuzu]

Originally Posted by Skillet83

I will not receive a stimi and would never accept one. I am tired of the free chit army. This stimulus has nothing to do with helping the citizens of our country. You have been sold another boat load of BS. No body will say anything because they get their little check hoping for me. F'ing sheep being led to slaughter. How many here that receive some butter actually needed it? 1.9T with about 3B going to the people, F me.

If someone hands you a pile of money, and you don't want it, what you do is:
1) Thank them sincerely
2) Wait for them to leave
3) Hand the pile of money to someone else

Don't whine about it.

[red-beard]

The "official" date on the checks/deposits is 3/17/2021

Therefore, Chase and Wells Fargo have decided that they will not deposit money until then. Even if they have the funds earlier.

[Pazuzu]

Originally Posted by red-beard

The "official" date on the checks/deposits is 3/17/2021

Therefore, Chase and Wells Fargo have decided that they will not deposit money until then. Even if they have the funds earlier.

Eh, the banks have worked hard through this, they deserve to earn 3 days of interest on my money.








I presume that the green is inferred, what with it being money, and March 17th, and sarcasm...

[wdfifteen]

Originally Posted by stevej37

I think they are looking for a 'normal' basis for their calculations. Not how good or bad 2020 happened to bring.

Interesting perspective. Why would they do that?

[Mike Andrew]

Originally Posted by pavulon

Do people have a choice in whether or not to accept these things? Seems people who don't need them should decline them.

Yep!!! In theory. But the money is gone either way so it won't help our burgeoning debt. I suppose that I could get $20 bills and wander thru a homeless encampment handing them out.
I will probably piz it away on my car or toss it in my ski fund for next year's Epic pass and my annual western trip.

[rfuerst911sc]

I will use mine to help pay one monthly health insurance payment , my wife's will go towards another health insurance payment . Would love to spend it on something fun but common sense says use it otherwise .

[GH85Carrera]

I will use mine just like the last two stimulus checks, I will dole it out in larger than normal tips to decent waitresses or waiters. I have always been a good tipper for good service.

Last night was out 29th anniversary, so my wife and I went to the restaurant where we had our first date 30 years ago. It is an upscale Cajun and seafood place. Normally the service is great, but last night we got a lousy waitress. She only got a $10 tip and would have had double that had she been attentive and done her job right.

I plan to "blow" the entire subsidy on large tips to wait staff. I don't need the money, so I will give it to good service providers.

[stevej37]

Originally Posted by wdfifteen

Interesting perspective. Why would they do that?

I have no clue. It was just my two cents worth.

What I do know is that it paid for me to do my taxes early this year. My 2020 agi was way less than 2019's, which allowed me to get the full $1400.
The one in Jan....my check was a third less than the normal because they used 2019 agi.

[BK911]

Just got a letter saying 2400 will be direct deposited with 7 days.
I have 2 chitlins.
Thought they got another $5 or 600 each?
Im starving here man!

[wdfifteen]

Originally Posted by stevej37

I have no clue. It was just my two cents worth.

What I do know is that it paid for me to do my taxes early this year. My 2020 agi was way less than 2019's, which allowed me to get the full $1400.
The one in Jan....my check was a third less than the normal because they used 2019 agi.

I think that was the case for a lot of people. That's why I think sending the stimulus checks out as a LOAN would have been a better idea. When recipients pay their 2020 taxes the load is forgiven if your AGI was below a certain level, and repayable with your taxes if it was above that level. That way it helps the people who had a bad year in 2020 and doesn't waste money on people who don't need the help.
We will be giving some of the money to the local battered women shelter again, some to the local food bank, and spending some at our favorite restaurants.

[cabmandone]

Originally Posted by BK911

Just got a letter saying 2400 will be direct deposited with 7 days.
I have 2 chitlins.
Thought they got another $5 or 600 each?
Im starving here man!

As I understand it, if those chitlins are still dependents on your tax return, you get $1400 for them this go around. You gonna be rowlin in it!

[stevej37]

And it also depends on your last tax filing. If you haven't filed by now...they will go by your 2019 tax return.

[Baz]

I gots two 4-legged chitlins......should I get double the amount for each of them?

I'm starving here man!

[stevej37]

^^^ It's worth a try.
I heard the IRS is swamped....claim em!