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Old 04-17-2020, 07:26 PM
 
Location: Fort Bend County
2,599 posts, read 5,273,020 times
Reputation: 2227

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https://money.com/second-stimulus-check-coronavirus/
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Old 04-20-2020, 09:27 AM
 
1,133 posts, read 1,117,018 times
Reputation: 853
Quote:
Originally Posted by Chanteuse d' Opéra View Post
"According to a House Committee on Ways and Means memo, the IRS can only process 5 million paper checks a week, meaning it could take another 20 weeks for all Americans to get their relief checks."

Good lord. There has to be a better way. Wonder how many of these will be mailed to an abandoned house? It'll keep the USPS busy at least.
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Old 04-20-2020, 09:36 AM
 
11,320 posts, read 15,888,865 times
Reputation: 5529
Same article where captainmidnight got his details:
Here is the priority list:

Who gets paid first:
This week, (week of April 15) more than 80 million Americans are expected to receive payments via direct deposit into their bank accounts, according to the Treasury Department.

People who receive Social Security or Supplemental Security Income (SSI) benefits and who filed returns that included their direct deposit information should receive their payments at this time.

From there, the government will send out more money, first via direct deposits and then by mailed paper checks.

Individuals who have direct deposit information on file will get priority.

Mailed paper checks will start going out April 20 for Americans who do not have their direct deposit information on file.

Who’s next in late April, early May

In late April, money will be sent to Social Security beneficiaries who did not file tax returns in 2018 or 2019. That includes adult Social Security retirement, survivor and disability insurance beneficiaries who typically have their monthly payments put directly in their bank accounts.

https://www.cnbc.com/2020/04/17/new-...ll-arrive.html
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Old 04-20-2020, 03:50 PM
 
23,360 posts, read 16,075,092 times
Reputation: 16866
Quote:
Originally Posted by jacktravern View Post
Are you sure it was EVERY BREATHING ADULT?

And whether rich or not, you should've benefited from the tax cut too unless you're always broke, or you were getting away with embellishing deductions and you can no longer do it. I'm far from wealthy, but saw my check get higher, and at least 3 of my tax brackets dropped, I'm good!
Like I said, every single breathing adult who is a US citizen and has a SSN will be getting their taste: https://gothamist.com/news/pandemic-...need-them-most
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Old 04-20-2020, 07:15 PM
 
Location: Dover, DE
1,970 posts, read 4,040,393 times
Reputation: 3081
Quote:
Originally Posted by howard555 View Post
Same article where captainmidnight got his details:
Here is the priority list:

Who gets paid first:
This week, (week of April 15) more than 80 million Americans are expected to receive payments via direct deposit into their bank accounts, according to the Treasury Department.

People who receive Social Security or Supplemental Security Income (SSI) benefits and who filed returns that included their direct deposit information should receive their payments at this time.

From there, the government will send out more money, first via direct deposits and then by mailed paper checks.

Individuals who have direct deposit information on file will get priority.

Mailed paper checks will start going out April 20 for Americans who do not have their direct deposit information on file.

Who’s next in late April, early May

In late April, money will be sent to Social Security beneficiaries who did not file tax returns in 2018 or 2019. That includes adult Social Security retirement, survivor and disability insurance beneficiaries who typically have their monthly payments put directly in their bank accounts.

https://www.cnbc.com/2020/04/17/new-...ll-arrive.html
Apparently my hubby and I will be one of the "last dogs hung", as my Mom would say. Even though we DID file a 2018 return, since we had to PAY instead of get back (so checking account info was there but I understand that their computers aren't smart enough to get the info from there), AND we can't get into the system to put in our info since they keep saying our info isn't available AND we can't go to the non-filers area because we DID file. We didn't get last week, so apparently we are stuck until everyone gets a check mailed to them, even though we both DO have our direct deposit information on file.
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Old 04-20-2020, 08:34 PM
 
23,360 posts, read 16,075,092 times
Reputation: 16866
Quote:
Originally Posted by captainmidnight View Post
"According to a House Committee on Ways and Means memo, the IRS can only process 5 million paper checks a week, meaning it could take another 20 weeks for all Americans to get their relief checks."

Good lord. There has to be a better way. Wonder how many of these will be mailed to an abandoned house? It'll keep the USPS busy at least.
Various federal agencies (Treasury/IRS, SS, SSDI, Veterans, etc...) have long pushed for direct deposit of benefit checks, and various online means of paying taxes, fees and surcharges due. This at the expense of writing various paper checks. Thus it wouldn't be surprising that Treasury Department can only process "five million" or whatever paper checks per week.

In general more and more Americans have switched to online or direct deposits, at least those who have bank accounts anyway.
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Old 04-20-2020, 08:37 PM
 
23,360 posts, read 16,075,092 times
Reputation: 16866
Quote:
Originally Posted by UCisannoying View Post
There needs to be, a second stimulus check I mean.

I also think they should institute a $2,400 per month Universal Basic Income for at least four months for those Americans who aren't on unemployment benefits and make less than $75k. Since right now unemployment is on steroids but many Americans either don't qualify due to stringent requirements and greedy companies rejecting claims,
DT and GOP just signed onto AOC and her brand of democrat socialist world. Once they wake up (along with large parts of republican party) and realize just what they've done (given out $1200 of taxpayer money, untaxed to every adult American with a pulse and SSN), there is likely going to be push back against same further action.

Yes, there probably will be something else, but don't bet on it being free money given away again to everyone. Rather something more along lines of targeted to households actually affected by covid-19.
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Old 04-20-2020, 11:32 PM
 
Location: Honolulu, HI
7,139 posts, read 2,361,067 times
Reputation: 9885
Quote:
Originally Posted by UCisannoying View Post
There needs to be, a second stimulus check I mean.

I also think they should institute a $2,400 per month Universal Basic Income for at least four months for those Americans who aren't on unemployment benefits and make less than $75k. Since right now unemployment is on steroids but many Americans either don't qualify due to stringent requirements and greedy companies rejecting claims,
The US government can’t afford that, hence the need for everyone to get back to work.
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Old 04-21-2020, 06:19 AM
 
11,320 posts, read 15,888,865 times
Reputation: 5529
Quote:
Originally Posted by BugsyPal View Post
DT and GOP just signed onto AOC and her brand of democrat socialist world. Once they wake up (along with large parts of republican party) and realize just what they've done (given out $1200 of taxpayer money, untaxed to every adult American with a pulse and SSN), there is likely going to be push back against same further action.

Yes, there probably will be something else, but don't bet on it being free money given away again to everyone. Rather something more along lines of targeted to households actually affected by covid-19.
So far no push back from those wanting $0.00 for 12 months. However the $2000 for 12 months has a new friend and that article had some member of Congress promoting $2000 a month for 6 months. So the "no more" crowd did nothing and already gained 50% on the various proposals as far as more stimulus to persons.

** Who would be included in those affected by the virus? Thanks.
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Old 04-21-2020, 04:10 PM
 
23,360 posts, read 16,075,092 times
Reputation: 16866
Quote:
Originally Posted by howard555 View Post
So far no push back from those wanting $0.00 for 12 months. However the $2000 for 12 months has a new friend and that article had some member of Congress promoting $2000 a month for 6 months. So the "no more" crowd did nothing and already gained 50% on the various proposals as far as more stimulus to persons.

** Who would be included in those affected by the virus? Thanks.
Those until various lock down orders began rolling out were gainfully employed. Businesses are getting SBA assistance to they're covered.

Large issue are the self-employed, independent contractors and others who don't fit the old 9 to 5 employment model, but have seen their livelihoods shattered by this event.

I see where you're going with this, and don't agree.

Segments of the DNC, especially that AOC girl, are going to use this crisis for further promoting their socialist ideals. Just where is all this money to pay out $1200 to $2000 to every American with pulse going to come from?

I see busted homeless bums on NYC streets daily, just how have they been affected by covid-19?

What this crisis has laid bare is simple fact; many were busted before covid-19, and will continue to be so after this event passes.
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