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Please post here when you receive your stimulus check..

Ours was deposited today, too.
 
For those who get SS only and don't file tax returns: Did you receive your Stimulus payment on the same day you got your regular SS deposit?

Dave
 
I’m trying to figure out the phase-out calculation. If AGI is right at 198k for family with 5 eligible kids will you get $0 or $2500? I’ve seen both in online calculators.

And if you qualify on 2018 AGI, receive a check, then file 2019 and would not have qualified, do you have to pay it back?
 
mentalbreak said:
I’m trying to figure out the phase-out calculation. If AGI is right at 198k for family with 5 eligible kids will you get $0 or $2500? I’ve seen both in online calculators.

And if you qualify on 2018 AGI, receive a check, then file 2019 and would not have qualified, do you have to pay it back?
Click to expand...
I think with 198K, you get 0 regardless of how many kids you have as your dependents.

Once you receive a check they won't take it back. Hence if you qualify under 2018 but not 2019 and you have not filed 2019 returns, just hold off until you get the money. :)
 
It's probably different in the USA than it is here in Canada, but what is the stimulus cheque (yes, I spelled that word the Canadian way)? Is it for people who are laid off their jobs because businesses are closed and or slowed down? Is it for people who have to quarantine themselves and, hence, can't work? Is it for people who have to take a leave of absence from their job to care for a COVID-19 victim?
 
LannyPC said:
It's probably different in the USA than it is here in Canada, but what is the stimulus cheque (yes, I spelled that word the Canadian way)? Is it for people who are laid off their jobs because businesses are closed and or slowed down? Is it for people who have to quarantine themselves and, hence, can't work? Is it for people who have to take a leave of absence from their job to care for a COVID-19 victim?
Click to expand...
Money for EVERYBODY! Well, almost everybody. Criteria is strictly income based, doesn't matter if you have a job or lost a job, they just like giving away free money. You get free money, you get free money, you get free money.
:banana:
 
LannyPC said:
So does that mean the greater your income, the greater your stimulus cheque? Or is it vice-versa where the lower your income, the greater your cheque?
Click to expand...
Lower your income, the bigger the check. Though everyone below a certain amount pretty much gets the same amount. Also families get additional monies based on the number of children. People above an income threshold get $0.
 
LannyPC said:
So does that mean the greater your income, the greater your stimulus cheque? Or is it vice-versa where the lower your income, the greater your cheque?
Click to expand...

There are dollar amounts based on reported income for income taxes paid. If the reported income is over a certain limit, the amount starts to drop. if the income is over a top amount, there is no stimulus payment.

Dave
 
I did indeed get my direct deposit today just as foretold by the govt site.
 
dioxide45 said:
Don't spend it all at once!
Click to expand...

I don't need it (DW and I)! So, will stimulate the economy and buy something. No family member seems to be in dire straits, which is good.
 
Dd got her stimulus check in the mail today. She is busily downloading the app for her bank so she can use the phone thing to deposit the check.

Dh and I are still getting the status that we are eligible and when the date is available the website will be updated.
 
bbodb1 said:
It might be insightful to see if a pattern can be discerned....
State and date received please.
Also, what (generally speaking of course) are you doing with the money? Pay a bill? Invest it?
Click to expand...

Got ours on April 30th.

There is a IRS website that you can check when it’s expected.

We added our bank account since we always have to pay each year, since hubby makes too much.(Not sure how we would of gotten the money otherwise.)

Going to start paying quarterly to avoid the big bill at tax time.
It’s only hubby’s job, since I don’t work.


Sent from my iPhone using Tapatalk
 
Xan said:
We added our bank account since we always have to pay each year, since hubby makes too much.(Not sure how we would of gotten the money otherwise.)
Click to expand...
Whether you pay or get a refund isn't a product of how much you make, it is how you have your withholding setup with your employer. Adjust the withholdings instead of making estimated payments. Unless of course some income is coming from non W2 earnings.
 
@Luanne - finally! A date of payment has appeared on our account! Wednesday, May 6th.

Now as to why this info updated on a Friday evening/ Saturday morning I cannot say as that is not consistent with what to expect per previous IRS guidelines but at least we now have a date of payment!
 
bbodb1 said:
@Luanne - finally! A date of payment has appeared on our account! Wednesday, May 6th.

Now as to why this info updated on a Friday evening/ Saturday morning I cannot say as that is not consistent with what to expect per previous IRS guidelines but at least we now have a date of payment!
Click to expand...
My payment is scheduled May 6 too
 
I can put my bank info in but I keep getting "info does not match our records". This is on both SS. We have SS direct deposit. Using 2018 Taxes, had refund saved for 2019 Taxes because we pay Estimated Taxes. So what am I doing wrong??
 
The website has now been updated to say my check will be deposited on May 6th!

Timeline:

Beginning April15th got the error that it couldn't verify my info. Tried daily until April 24th when it finally recognized me and allowed me to enter my direct deposit info. It continued to state eligible but check back for a deposit date. Today, date of payment is updated to May 6th.
 
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My sister received her regular monthly Social Security direct deposit yesterday. Everything was normal, as it is every month. No stimulus payment. The IRS website says info for Social Security recipients is not entered into their system. She doesn't file taxes because her income is too low.

So once again, How can I help her figure out when she will receive her stimulus payment?

Dave
 
bbodb1 said:
@Luanne - finally! A date of payment has appeared on our account! Wednesday, May 6th.

Now as to why this info updated on a Friday evening/ Saturday morning I cannot say as that is not consistent with what to expect per previous IRS guidelines but at least we now have a date of payment!
Click to expand...
May 6 for us as well!

I just went into our banking online and the payment is showing pending!!!! It's about what I thought it would be (we're not getting the full amount). I wonder if it will post prior to May 6 or just sit in pending status until then.
 
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Hophop4 said:
I can put my bank info in but I keep getting "info does not match our records". This is on both SS. We have SS direct deposit. Using 2018 Taxes, had refund saved for 2019 Taxes because we pay Estimated Taxes. So what am I doing wrong??
Click to expand...
Hi Hophop4,

Did you read the link in my post #366? It gives some suggestions on why your address is not being recognized and what to try as an alternative.

Good Luck.

Best Regards.

Richard
Hophop4 said:
I can put my bank info in but I keep getting "info does not match our records". This is on both SS. We have SS direct deposit. Using 2018 Taxes, had refund saved for 2019 Taxes because we pay Estimated Taxes. So what am I doing wrong??
Click to expand...
 
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