The Lounge Off Topic PG-13.
Warning: The Lounge may contain irrelevant and off topic discussions that may not be related to anything HHR. If you are not interested in these kinds of discussions, do not read or respond to these threads.

Chatting about the COVID-19 stimulus package

Thread Tools
 
Search this Thread
 
Old 04-11-2020, 08:31 AM
  #11  
Senior Member
 
Bonez's Avatar
 
Join Date: 04-06-2020
Location: Missouri
Posts: 851
Originally Posted by sleeper
Solman- I could be wrong, but if your kid is still under your roof, he will not qualify for the $ 1,200. Hopefully that is wrong,
I think, if Im correct, can be claimed up to the age of 23 if in college... if laws haven't changed since that time.
Bonez is offline  
Old 04-11-2020, 11:44 AM
  #12  
Senior Member
 
Blue_SS's Avatar
 
Join Date: 06-07-2011
Location: SE Mich
Posts: 2,180
My daughter (18) gets her own check, because she is 18, and filed her own taxes the past 2 years, even though I claim her as a dependent. She was at college for 4 months last year, and literally got all her withholdings back, so this is a nice windfall for her. Something like a bonus that amounts to over 20% of your 2019 earnings.

As for me, I am fine with it. In theory, it's less money we need to send her.. In theory.

Regardless, we end up with more this way than the $500 per kid would have been. Our son (15) is still on our rolls.
Blue_SS is offline  
Old 04-11-2020, 03:43 PM
  #13  
Senior Member
 
Bonez's Avatar
 
Join Date: 04-06-2020
Location: Missouri
Posts: 851
Originally Posted by Blue_SS
My daughter (18) gets her own check, because she is 18, and filed her own taxes the past 2 years, even though I claim her as a dependent. She was at college for 4 months last year, and literally got all her withholdings back, so this is a nice windfall for her. Something like a bonus that amounts to over 20% of your 2019 earnings.

As for me, I am fine with it. In theory, it's less money we need to send her.. In theory.

Regardless, we end up with more this way than the $500 per kid would have been. Our son (15) is still on our rolls.
If they live at home, don't work and don't file taxes and still in college they qualify, BUT if they file taxes you cant claim them and they get their own chunk of change.

This was sent out and it has info on non filers and qualifying statuses.... you have to click the non filer enter info to see the list. https://www.irs.gov/coronavirus/non-...ment-info-here

Payments started going out on the 9th for filers, 20th for Social Security and disability. The link also helps the IRS to get your direct deposit info if not on file for faster service.
Bonez is offline  
Old 04-13-2020, 07:52 AM
  #14  
Senior Member
 
solman98's Avatar
 
Join Date: 07-17-2006
Location: Dallas, GA
Posts: 6,050
Originally Posted by sleeper
Solman- I could be wrong, but if your kid is still under your roof, he will not qualify for the $ 1,200. Hopefully that is wrong,
Doesn't make a difference, saw this morning thie draft is pending, so it's before her 17th. But it does state 16 and under $500 and 17+ $1200.
solman98 is offline  
Old 04-13-2020, 08:48 PM
  #15  
Platinum Member
 
sleeper's Avatar
 
Join Date: 01-09-2007
Location: SE USA
Posts: 15,880
Well, least yours is pending.. That's encouraging. And it's $500. she wouldn't have had prior.
sleeper is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
DwRed2LT
The Lounge
22
05-08-2020 06:11 PM
Lone Ranger
The Lounge
11
05-21-2008 06:40 PM



Quick Reply: Chatting about the COVID-19 stimulus package



All times are GMT -5. The time now is 08:47 PM.