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Old 04-21-2020, 10:43 AM
 
1,751 posts, read 1,357,108 times
Reputation: 4386

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https://www.fool.com/investing/2020/...lus-check.aspx


"....it's going to be issuing paper checks on a weekly basis based on AGI and in $10,000 increments. If you know your AGI from 2019 (if you've already filed your federal return) or 2018 (if you've yet to file), this will tell you precisely when you can expect to receive your stimulus check.
  • If the IRS has your direct deposit information on file: the week ending April 17.
  • Paper checks for people with up to $10,000 in AGI: the week ending April 24.
  • Between $10,000 AGI and $20,000 AGI: the week ending May 1.
  • Between $20,000 AGI and $30,000 AGI: the week ending May 8.
  • Between $30,000 AGI and $40,000 AGI: the week ending May 15.
  • Between $40,000 AGI and $50,000 AGI: the week ending May 22.
  • Between $50,000 AGI and $60,000 AGI: the week ending May 29.
  • Between $60,000 AGI and $70,000 AGI: the week ending June 5.
  • Between $70,000 AGI and $80,000 AGI: the week ending June 12.
  • Between $80,000 AGI and $90,000 AGI: the week ending June 19.
  • Between $90,000 AGI and $100,000 AGI: the week ending June 26.
  • Between $100,000 AGI and $110,000 AGI: the week ending July 3.
  • Between $110,000 AGI and $120,000 AGI: the week ending July 10.
  • Between $120,000 AGI and $130,000 AGI: the week ending July 17.
  • Between $130,000 AGI and $140,000 AGI: the week ending July 24.
  • Between $140,000 AGI and $150,000 AGI: the week ending July 31.
  • Between $150,000 AGI and $160,000 AGI: the week ending Aug. 7.
  • Between $160,000 AGI and $170,000 AGI: the week ending Aug. 14.
  • Between $170,000 AGI and $180,000 AGI: the week ending Aug. 21.
  • Between $180,000 AGI and $190,000 AGI: the week ending Aug. 28.
  • Between $190,000 AGI and $198,000 AGI: the week ending Sept. 4.
  • All other checks (e.g., those who didn't have tax info on file): the week ending Sept. 11."
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Old 04-21-2020, 10:58 AM
 
3,346 posts, read 2,217,065 times
Reputation: 5723
Sigh.

I'm not all that high on the list (based on 2018, haven't filed 2019 yet), but mine will come so far out it won't be very useful. I suspect a lot of people, even those higher on the list, will have the same reaction. (Since I pay at least a small amount every year, I've never filed direct deposit info.)

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Old 04-21-2020, 11:57 AM
 
26,199 posts, read 21,686,054 times
Reputation: 22777
Quote:
Originally Posted by Therblig View Post
Sigh.

I'm not all that high on the list (based on 2018, haven't filed 2019 yet), but mine will come so far out it won't be very useful. I suspect a lot of people, even those higher on the list, will have the same reaction. (Since I pay at least a small amount every year, I've never filed direct deposit info.)


If you get extra monies how will it not be useful? Clearly it would be and if you spend it, it’s a sustained spend into the economy
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Old 04-21-2020, 12:30 PM
 
3,346 posts, read 2,217,065 times
Reputation: 5723
Quote:
Originally Posted by Lowexpectations View Post
If you get extra monies how will it not be useful? Clearly it would be and if you spend it, it’s a sustained spend into the economy
Because it means I will be having to tap deflated investments to bridge the gap. I'd factored it in by the end of May at the latest. Have to make other choices, all... less good, now.
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Old 04-21-2020, 12:49 PM
 
5,909 posts, read 4,454,495 times
Reputation: 13452
Quote:
Originally Posted by Therblig View Post
Because it means I will be having to tap deflated investments to bridge the gap. I'd factored it in by the end of May at the latest. Have to make other choices, all... less good, now.
Isn’t this agi rollout only for the paper checks?

I logged into their website and added my electronic info since apparently owing taxes and having my financial info isn’t the same as the people who receive refunds.
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Old 04-21-2020, 01:06 PM
 
26,199 posts, read 21,686,054 times
Reputation: 22777
Quote:
Originally Posted by Therblig View Post
Because it means I will be having to tap deflated investments to bridge the gap. I'd factored it in by the end of May at the latest. Have to make other choices, all... less good, now.

That’s not really relevant to measure if it’s useful. Most timely for you vs administrating hundreds of millions of payments? Let’s be serious here. It wasn’t done to be the mostly timely for you. That doesn’t mean it’s not useful. Try comparing getting something vs getting nothing
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Old 04-21-2020, 01:13 PM
 
3,346 posts, read 2,217,065 times
Reputation: 5723
Quote:
Originally Posted by Lowexpectations View Post
That’s not really relevant to measure if it’s useful. Most timely for you vs administrating hundreds of millions of payments? Let’s be serious here. It wasn’t done to be the mostly timely for you. That doesn’t mean it’s not useful. Try comparing getting something vs getting nothing
Gosh, sorry, Mr. Wilson. I din't meanta.

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Old 04-21-2020, 01:21 PM
 
Location: Charleston, SC
2,525 posts, read 1,957,613 times
Reputation: 4968
This is AGI from Line 37 on the 2018 Tax Return, correct ??
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Old 04-21-2020, 01:58 PM
 
Location: Chicago
3,951 posts, read 6,872,765 times
Reputation: 5587
i don't believe this to be true. I can confirm tomorrow.

My AGI is much much higher on that chart and when I check on the status of my check it's supposed to arrive tomorrow. If it does, I will report back with you all to confirm or debunk this chart as myth.
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Old 04-21-2020, 02:00 PM
 
1,751 posts, read 1,357,108 times
Reputation: 4386
How do I find Last Year's AGI
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