1.9 Trillion dollar Covid bill passes

Pizza

Joe Biden is The Big Guy
If families need the child tax money so badly why is the government holding it and paying monthly instead of a lump sum immediately?

Conditioning them for a permanent monthly income?
 

Up In Smoke

Well-Known Member
Yes, I'm sorry, my wife and I didn't receive any stimulus money because of our personal incomes, but because our businesses are taxed as pass thru businesses, our 2020 business losses may trigger a stimulus credit. Quarterly estimated taxes, PPP and SBA make our returns a little unique. Our CPA had us file 1040RS forms.
 

Wally

BrownCafe Innovator & King of Puns
Recovery rebate credit on your 2020 tax returns line 30 or form 1040RS will give you a dollar for dollar tax credit. Check with your tax preparer for correct filing.
Nope. Same income cutoff. So anyone not getting the stimulus is paying a tax penalty.
 

1989

Well-Known Member
Making $150k is far, far from a lot of money in my state.

Jobs are currently going unfilled. Why work if checks are coming in? Anyone who knows someone on unemployment knows they don't get another job until the free stuff ends.
Move to get a better life for yourself
 
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