What are you going to do with your $1,200 stimulus check?

Mr Quatro · 03-29-20, 03:39 PM

I'm staring to believe that most of us in the USA will get a stimulus check or better check direct deposit.

What are y'all going to do with your $1,200 minimum stimulus?

I think I'll improve my water system and perhaps increase my pantry keeping the rest in cash in case I need it later.

Coronavirus stimulus package: Who will get $1,200 checks and when will they be sent out?

https://www.bing.com/search?q=who+ge...FORM=QBRE&sp=2

Quote:

One-time payments of up to $1,200 should start going out in the next three weeks to most Americans who file individual tax returns, Treasury Secretary Steven Mnuchin says. Those who file joint tax returns will get up to $2,400

Plus $500 per child

Quote:

The payments will be sent via direct deposit to Americans who already have provided the Internal Revenue Service with their bank account information. For those who haven’t, the checks will be mailed.

mapuc · 03-29-20, 03:49 PM

My eye got locked on the words "up to" Which I translate to.

It isn't sure that you will get 1200 $

Markus

Buddahaid · 03-29-20, 04:14 PM

I think I'll buy a nice bottle of wine. On second thought, maybe an AR-15 just to piss somebody off.

fred8615 · 03-29-20, 04:33 PM

55 inch 4K TV, 4K disc player, and as many 4k movies as I can with whatever's left.

They say stimulate the economy, and I'm a patriotic American!

At least that's the plan. Reality may have other ideas.

Platapus · 03-29-20, 04:37 PM

I understand it will be based on your 2019 income. If you earned more than a set figure (I think $75K) you don't qualify for a check.

Eichhörnchen · 03-29-20, 05:04 PM

Aktungbby · 03-29-20, 05:26 PM

Quote:

Originally Posted by Platapus

I understand it will be based on your 2019 income. If you earned more than a set figure (I think $75K) you don't qualify for a check.

screwed again!

Mr Quatro · 03-29-20, 05:30 PM

Quote:

Originally Posted by Platapus

I understand it will be based on your 2019 income. If you earned more than a set figure (I think $75K) you don't qualify for a check.

Unless you filed early before the virus crisis in 2020 then your tax return for 2020 will determine your stimulus check.

So if you made a lot in 2019 and the IRS knows it, but your filed early with a lot of ta deductions that put you in a lower bracket then you get the full $1,200 or $2,400 for joint filing for you and your spouse.

August · 03-29-20, 05:59 PM

Quote:

Originally Posted by Platapus

I understand it will be based on your 2019 income. If you earned more than a set figure (I think $75K) you don't qualify for a check.

I believe that at 75K the amount you get starts going down by what you made over that amount.

Platapus · 03-29-20, 06:36 PM

Quote:

Originally Posted by August

I believe that at 75K the amount you get starts going down by what you made over that amount.

I think you are right. I believe the cut off is anything over 99K

Which seems fair

Mr Quatro · 03-29-20, 06:43 PM

Quote:

Originally Posted by Platapus

I think you are right. I believe the cut off is anything over 99K

Which seems fair

If I made that much I wouldn't be here

I would be out riding my ATV

August · 03-29-20, 07:26 PM

Quote:

Originally Posted by Mr Quatro

If I made that much I wouldn't be here

I would be out riding my ATV

I went ATV riding last night. Managed to flip it and blew up my knee pretty good. Unless the swelling goes down by tomorrow morning I'll probably have to have a doctor take a look at it. That'll mean getting tested for the virus I am guessing.

Mr Quatro · 03-29-20, 07:35 PM

Quote:

Originally Posted by August

I went ATV riding last night. Managed to flip it and blew up my knee pretty good. Unless the swelling goes down by tomorrow morning I'll probably have to have a doctor take a look at it. That'll mean getting tested for the virus I am guessing.

Good luck August

Red October1984 · 03-29-20, 09:55 PM

Upgrade my body armor and fighting rifle

More mags, batteries, and ammo

In all reality, I doubt this will be "free money" so I'll probably come out of next year's tax return. I'll probably end up using it to pay bills so I have more of my regular money for.......mags, batteries, ammo etc

Sean C · 03-29-20, 11:02 PM

As I am considered "essential" and still actively employed (and even getting a bonus from my company for working during the CV-19 outbreak), if I do receive a check: I was thinking about either donating it to some worthy cause or using it to purchase goods which are sorely needed by other essential workers in my area. The latter being a more likely scenario, since I do have connections to the supply of such goods.

I have already used the connections I have to benefit some local essential personnel. And I would like to point out that I am one of those "deplorable" people who oppose big government. So, no matter how some choose to caricature us, it remains a fact that those who financially benefit the most from capitalism are also the biggest contributors to charitable causes.

View Poll Results: What will you do with your stimulus checks?
Spend it	8	27.59%
Pay bills with it	4	13.79%
I don't qualify	6	20.69%
Spend it on wine, women and song	11	37.93%
Voters: 29. You may not vote on this poll

03-29-20, 04:14 PM	#3
Buddahaid Shark above Space Chicken Join Date: Jun 2008 Posts: 9,319 Downloads: 162 Uploads: 0	I think I'll buy a nice bottle of wine. On second thought, maybe an AR-15 just to piss somebody off. __________________ "However vast the darkness, we must provide our own light." Stanley Kubrick "Tomorrow belongs to those who can hear it coming." David Bowie

03-29-20, 04:33 PM	#4
fred8615 Saint of the seas Join Date: Mar 2004 Location: Sorrento, Louisiana Posts: 1,320 Downloads: 265 Uploads: 127	55 inch 4K TV, 4K disc player, and as many 4k movies as I can with whatever's left. They say stimulate the economy, and I'm a patriotic American! At least that's the plan. Reality may have other ideas. __________________ Frederick J. Barnett Radio Stations & Music Captain's Desk Photos FJB Camera Pre Pearl Harbor Career Start Office links, Info Boxes, & 50 cal Crew Rank Fix Sub Class Info Real Subs SH4 Randomizer Sub Images Office Images Sub Pinups & Pics 24 Hour Clocks Office Posters Nav Map Make-Over Add-ons FJB Navigation Maps Office Window Chronographs Someone's got to take the responsibility if the job's going to get done! Do you think that's easy?! - Gregory Peck, The Guns of Navarone.

03-29-20, 04:37 PM	#5
Platapus Fleet Admiral Join Date: Oct 2006 Posts: 19,360 Downloads: 63 Uploads: 0	I understand it will be based on your 2019 income. If you earned more than a set figure (I think $75K) you don't qualify for a check. __________________ abusus non tollit usum - A right should NOT be withheld from people on the basis that some tend to abuse that right.

03-29-20, 05:04 PM	#6
Eichhörnchen Starte das Auto Join Date: Aug 2014 Location: The Fens Posts: 17,369 Downloads: 5 Uploads: 0	__________________

03-29-20, 03:49 PM	#2
mapuc CINC Pacific Fleet Join Date: Sep 2003 Location: Denmark Posts: 20,535 Downloads: 37 Uploads: 0	My eye got locked on the words "up to" Which I translate to. It isn't sure that you will get 1200 $ Markus

03-29-20, 09:55 PM	#14
Red October1984 Airplane Nerd Join Date: Aug 2011 Location: Texas Posts: 6,243 Downloads: 115 Uploads: 0	Upgrade my body armor and fighting rifle More mags, batteries, and ammo In all reality, I doubt this will be "free money" so I'll probably come out of next year's tax return. I'll probably end up using it to pay bills so I have more of my regular money for.......mags, batteries, ammo etc __________________

03-29-20, 11:02 PM	#15
Sean C Grey Wolf Join Date: Jun 2017 Location: Norfolk, VA Posts: 984 Downloads: 16 Uploads: 2	As I am considered "essential" and still actively employed (and even getting a bonus from my company for working during the CV-19 outbreak), if I do receive a check: I was thinking about either donating it to some worthy cause or using it to purchase goods which are sorely needed by other essential workers in my area. The latter being a more likely scenario, since I do have connections to the supply of such goods. I have already used the connections I have to benefit some local essential personnel. And I would like to point out that I am one of those "deplorable" people who oppose big government. So, no matter how some choose to caricature us, it remains a fact that those who financially benefit the most from capitalism are also the biggest contributors to charitable causes. __________________ If you have a question about celestial navigation ... ask me! Celestial Navigation Spreadsheet