snobuilder
Well-known member
Just found this from CNN;
(CNN) - If you're a single U.S. resident and your adjusted gross income is $75,000 or less, you will get a $1,200 check from the U.S. government.
Americans are expected to receive direct payments as part of a $2 trillion coronavirus outbreak stimulus package that passed the Senate on Wednesday.
The more you earn, the less you will get. You get nothing if you make $99,000 a year or more.
The bill still must go through the House - a vote to pass it is expected Friday - and be signed into law by the president.
The income levels are based on tax returns for 2019. For those who have not yet filed their taxes this year, it will be based on 2018 returns.
For married couples, you will receive $2,400 if you make a combined $150,000 or less. People making above that will receive a lesser amount on a sliding scale up to people who make $198,000 or more, who will not receive money.
Parents with children who are 16 years old and younger will receive $500 per child. That also phases out for people with higher incomes - single parents who make $109,000 or more and couples making $208,000 or more will get nothing.
If you are on unemployment assistance, you will get another $600 per week on top of the amount your state already pays. That extra amount is available for up to four months.
That kinda sucks for me. Guess I will be penalized for filing early and making sure the feds got their share of a home sale....That gain puts us over the limit if 2019 will be used.
I guess I wasn't meant to receive gubmint welfare.