Radio Flyer1647545514 Posted March 29, 2020 Report Share Posted March 29, 2020 Since this check is just an advance of a tax credit for next year how will this effect my taxes next year? I'm single and don't itemize anything. I have my taxes set up now to receive back about $1,000 at the end of the year just in case winter gets really bad and slows down work. I don't want to have to pay anything next year so should I just put this money to the side? Quote Link to comment Share on other sites More sharing options...
BuckeyeROC Posted March 29, 2020 Report Share Posted March 29, 2020 Personally, I'm going to either invest or bank it all. Wait until this thing passes before doing anything else. Quote Link to comment Share on other sites More sharing options...
Fiji ST Posted March 29, 2020 Report Share Posted March 29, 2020 Stick most of it into savings since we had to put in a new hot water tank last month and it used up a good chunk of savings. Quote Link to comment Share on other sites More sharing options...
Turbs3000 Posted March 29, 2020 Report Share Posted March 29, 2020 It should have 0 impact on your 2020 taxes unless you end up making drastically more money in 2020 than in 2019 at which point you won't mind. I will do my Amurikan duty blow it all on the local economy. Sent from my SM-G928V using Tapatalk Quote Link to comment Share on other sites More sharing options...
oh8sti Posted March 29, 2020 Report Share Posted March 29, 2020 if I was getting one, which im not, I would invest it immediately. Quote Link to comment Share on other sites More sharing options...
RedRocket1647545505 Posted March 30, 2020 Report Share Posted March 30, 2020 if I was getting one, which im not, I would invest it immediately. Werd. Be a healthcare worker, bust your ass working a shitload of overtime every year, work even more during this outbreak, receive zero hazard pay, make above the cutoff because you worked so much, and no stimulus check for you. Thanks Obama. Quote Link to comment Share on other sites More sharing options...
Hwilli1647545487 Posted March 30, 2020 Report Share Posted March 30, 2020 Werd. Be a healthcare worker, bust your ass working a shitload of overtime every year, work even more during this outbreak, receive zero hazard pay, make above the cutoff because you worked so much, and no stimulus check for you. Thanks Obama. Sounds like you should quit, and go work at McDonalds. Quote Link to comment Share on other sites More sharing options...
gillbot Posted March 30, 2020 Report Share Posted March 30, 2020 Werd. Be a healthcare worker, bust your ass working a shitload of overtime every year, work even more during this outbreak, receive zero hazard pay, make above the cutoff because you worked so much, and no stimulus check for you. Thanks Obama. I’m sure there are many others out there who have busted their asses and aren’t getting this. There are also many more who are still busting their asses who don’t make shit anyway but they will get it. Don’t like where you are at, change jobs. Quote Link to comment Share on other sites More sharing options...
Buck531 Posted March 30, 2020 Report Share Posted March 30, 2020 I’m sure there are many others out there who have busted their asses and aren’t getting this. There are also many more who are still busting their asses who don’t make shit anyway but they will get it. Don’t like where you are at, change jobs. I haven't done shit since November (literally, no work. nada). pretty sure I'm going to get a check. shrug.jif :gabe: Quote Link to comment Share on other sites More sharing options...
gillbot Posted March 30, 2020 Report Share Posted March 30, 2020 If I do. :shrug: If I don’t. :shrug: Imma keep goin the best I can and just hope the shit doesn’t totally clog the fan. Quote Link to comment Share on other sites More sharing options...
xlr8tn Posted March 30, 2020 Report Share Posted March 30, 2020 I'd love to invest ours....just don't know shit about investing and have never done it before. Quote Link to comment Share on other sites More sharing options...
Otis Nice Posted March 30, 2020 Report Share Posted March 30, 2020 I'd love to invest ours....just don't know shit about investing and have never done it before. Firearms, ammunition, liquor. Quote Link to comment Share on other sites More sharing options...
C-Mart Posted March 30, 2020 Report Share Posted March 30, 2020 if I was getting one, which im not, I would invest it immediately. I was under the impression that everyone was getting one, but not everyone gets to keep it. Quote Link to comment Share on other sites More sharing options...
POS VETT Posted March 30, 2020 Report Share Posted March 30, 2020 I haven't done shit since November (literally, no work. nada). pretty sure I'm going to get a check. shrug.jif :gabe: I like that plan! Quote Link to comment Share on other sites More sharing options...
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