skol asylum
Footballguy
I also read it's ultimately based on your 2020 income so when you file your taxes next year you may have to pay some back if move above the threshold.
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*** OFFICIAL *** COVID-19 CoronaVirus Thread. Fresh epidemic fears as child pneumonia cases surge in Europe after China outbreak. NOW in USA (7 Viewers)
- Thread starter Big League Chew
- Start date
Politician Spock
Footballguy
It's an advance on a 2020 refundable credit. So any difference in your 2018 and 2019 filings is only going to result in a difference on your 2020 filing.
the moops
Footballguy
CurlyNight
Footballguy
I think Trump knows that. He's simultaneously campaigning and by saying beautiful Easter, hope the pews are full, the religious love that.
Flying Elvis
Footballguy
"Brittany and I are committing $5,000,000 to the State of Louisiana in 2020. The priority now is helping our communities get through this tough time."
Had to scroll up to see it.
Nathan R. Jessep
Footballguy
madshot31
Footballguy
I went to grad school in the UK and had a few German friends. Our program featured 30+ countries and the German's were the only ones who were thrilled by hanging out and BSing. All they would say is everything was very "business orientated" and "we just don't do that". So there are some definite cultural differences at least in my tiny sample.
Politician Spock
Footballguy
Even if everyone were allowed to go back to work today, as soon as the outbreak got bad, they would chose to not do business on their own. This pandemic is like a two to three month hurricane that the government has ordered us to evacuate for. But cancelling the evacuation to "save the economy" isn't going to save the economy, because nature is going to kill the economy. It's unavoidable.
Big League Chew
Footballguy
first death for the virus in our county. Worked at a local school in her 70s
CurlyNight
Footballguy
Los Angeles mayor says city may be shut down until late fall.. need effective treatment or effective vaccine.
JAA
Footballguy
I was the one who said it, and you just made my point for me 
DA RAIDERS
Footballguy
DA RAIDERS
Footballguy
Jobber
Footballguy
He and his ilk roll like that. But fast forward 15 years and a hypothetical COVID- 34 endangers HIM, then it's full stop Gordon Ramsey style.
"Shut it down donkey!!1!!1!!!"
Redwes25
Footballguy
Doug B
Footballguy
If I looked around a lot more, I'm positive I'd be wrong ... but Brees' $5 million is the third-most I've seen a private citizen step up with behind mega-billionaires Bill Gates and Jack Ma. Bezos' contributions seem to be going through Amazon itself, not so much direct cash outlay ... though whatever wrong is going on at Whole Foods needs to roll up to him, as well.
shader
Footballguy
I'd really like to know what stage Italy's new reported cases are at. Usually they get tested when they report symptoms. This often happens a week or two before hospitalization.
That's the scary part for Italy's healthcare system. As bad as they are getting hammered right now, over half of their total cases have been reported in the last 8 days.
shader
Footballguy
NorvilleBarnes
Footballguy
Keerock
Footballguy
shader
Footballguy
File this in the "rumor" category
From bnonews:
"Mayor in Italian city of Bergamo suggests higher death toll due to coronavirus: 446 residents died between March 1 and March 24, which is 348 above the average (98). Only 136 deaths were officially linked to coronavirus"
From bnonews:
"Mayor in Italian city of Bergamo suggests higher death toll due to coronavirus: 446 residents died between March 1 and March 24, which is 348 above the average (98). Only 136 deaths were officially linked to coronavirus"
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Politician Spock
Footballguy
This number is insignificant, because no number of deaths can save the economy. It would be like cancelling an evacuation for a hurricane to save the economy. People still aren't going to work during the hurricane. All you did was put them in harms way and kill more than needed to. This virus has assured us that the 2020 economy and going forward is going to suck regardless of what we do. People need to accept that in order to process what they are going to do going forward. Holding on the belief that the economy can be saved, let alone what amount of life is worth sacrificing to save it, is ridiculous.JAA said:
Big League Chew
Footballguy
Politician Spock
Footballguy
It simply means your 2020 filings will determine what you qualified for. Your 2019 or 2018 are determining the amount you are being advanced on it.
Golden Gopher
Footballguy
There has to be some middle ground, where both can be accomplished to some extent. In other words, stay at home, social distancing, etc. while still trying to "re-start" the economy to some extent. It doesn't have to be one or the other. And, restarting doesn't mean we go back to life as we knew it a month ago. A lot of measures need to be put into place, and restarting has to be done very creatively, and in several steps. Certain industries first. Maybe certain age groups first. Most importantly, look at who's going back to work and who's not, and does it make sense? I've always felt that the most successful people in life are those who are able to adapt to change, sometimes with little time to do so. This is the perfect example of that, and some are doing a great job.... restaurants transitioning to takeout/delivery only, distilleries becoming mass producers of hand sanitizer, companies transitioning to produce masks and ventilators on short notice, etc.
All of that said, our top priority right now has to be to protect and save lives.
NotSmart
Footballguy
GoBirds
Footballguy
NotSmart
Footballguy
rick6668
Footballguy
Yes, I would File. From what I read, they will use the latest return they have. 2019 if they have it otherwise 2018.
Keerock
Footballguy
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yak651
Footballguy
So does it mean that you get a bigger refund on 2020 taxes if you didn't qualify in '18 or '19 but would in '20? My wife quit her job this year, in '18 and '19 we were over $150k, won't be this year.
Tony Jabroni
Footballguy
Alright, haven't posted in this thread yet. This sucks ###. I missed my sons birthday cause we are all on lockdown. My girlfriend, who has mental health issues, (please don't judge) can't even leave her apartment just for her "Iced coffee" or get groceries. I feel like death. It has been movies and chicken soup for days for me. I haven't been tested yet, I am considering it. I don't know if I have the flu or whateva. Either way, this sucks. I am bored off my ###. I have been staying home. If anyone has any good porn links, that would be awesome.*
*I am kidding, and I have my own library.
This still sucks.
*I am kidding, and I have my own library.
This still sucks.
CurlyNight
Footballguy
Mark Cuban
@mcuban
·
5m
Anyone know a very agile FDIC, SBA Preferred Lender Bank that I can work with to get cash advances into people’s hands ASAP, backed by their $1200 government payment ? The 3 week wait is too long. Let’s help people now. #CoronaKarma
@mcuban
·
5m
Anyone know a very agile FDIC, SBA Preferred Lender Bank that I can work with to get cash advances into people’s hands ASAP, backed by their $1200 government payment ? The 3 week wait is too long. Let’s help people now. #CoronaKarma
That sounds like a recipe for disaster. Long enough delay that some might quit the social distancing (already not doing a great job) especially with a governor who has been slow to shut things down.
Talked to nurse at a local hospital and they’re giving everyone chloroquine (probably hydroxychloroquine) and azithromycin, so it might be a good test of how effective it is in treatment.
SHIZNITTTT
Footballguy
####### people. So Tulsa has now closed all of the local parks due to people overcrowding and allowing their kids to climb on the playground equipment.
Doug B
Footballguy
That's basically what they're doing ... something of a grand scale experiment. The azithromycin alone will help with some secondary infections.
Grace Under Pressure
Footballguy
Italy still has between 6-13 days to go before they get to days 21-28 on their 56 day bell curve. The curve begins after a significant numbers of cases is reported and after a complete shutdown is ordered to implement extreme social distancing mitigation. This happened in Italy on March 11, or 15 days ago. While today's numbers are not good, they do report more recoveries than deaths, and the % increase in deaths is 9%, the first time it has lowered to double digits (unfortunately that's partially a function of the denominator increasing). It is also the 5th day in a row with new daily cases below the 6,557 mark reached on March 21, which may turn out to be the peak number (fingers crossed).
Hopefully they remain diligent with their social distancing measures and we get to the downside of the curve closer to 6 days from now than 13.
Please realize this talk of Easter in this country is absolutely ridiculous. You think they're talking like that in Italy?
Wondering how many days we are into the 56 day bell curve in the U.S.? That would be 4. Depending on your region you may not even have started yet.
Hopefully they remain diligent with their social distancing measures and we get to the downside of the curve closer to 6 days from now than 13.
Please realize this talk of Easter in this country is absolutely ridiculous. You think they're talking like that in Italy?
Wondering how many days we are into the 56 day bell curve in the U.S.? That would be 4. Depending on your region you may not even have started yet.
Politician Spock
Footballguy
I believe that would be a yes. How much people qualify for is determined by what you make in 2020, and is determined on your 2020 filing. The check you are about to received is an advance on that credit, and the advance amount is determine by your 2019 or 2018 filing. If there is any difference between what you qualified for on your 2020 filing, and what you received as an advance, that will be rectified by your 2020 return.
CurlyNight
Footballguy
Seems rents here are keeping with squeezing $s out of people. They are still posting $25 more a mo rents in my complex despite the financial crunch. Guess they assume it's silicon valley and everyone is rich and working from home.
CurlyNight
Footballguy
On CNN,
Trump will soon issue guidelines on easing social distancing.
I assume to certain parts of the country.
Trump will soon issue guidelines on easing social distancing.
I assume to certain parts of the country.
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gianmarco
Footballguy
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gianmarco
Footballguy
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gianmarco
Footballguy
Jagov
Footballguy
The French speaking parts of Switzerland are where the majority of the ski resorts are located. This seems to be a factor there as well as in Austria, Italy and France.
ChiefD
Footballguy
shader
Footballguy
T J
Footballguy
You don’t think we have? Wow. I do. I also think the most vulnerable should absolutely do things differently. The rest? Not as much.
cosjobs
Footballguy
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CR69
Footballguy
Because business is booming and he needs workers, not because he's a nice guy.
If Brees is donating $5m then Bezos should be good for AT LEAST $100m but he's MIA.
