Jump to content

Did everyone get their Stimulus $$$?


inkman

Recommended Posts

1 hour ago, Tondas said:

I thought you get it regardless if you fit one of the criteria???  I will get it but I don't need it (and for other reasons, I frankly don't want it)..  I would have liked the ability to decline it and put it back in the pool to increase the amount for those that really need it.  Now I have to get it, cash it, donate it, and hope it gets to the people that need it most.  Would have rather not have to be the middle man.

 

3 hours ago, Scottysabres said:

Eligible but declined to accept.

The point of it is stimulus. Accept it cash it. Then give it to someone who will put it back into circulation. That is the point of stimulus.

We are taking ours and spending most of it on things for others.

  • Like (+1) 2
Link to comment
Share on other sites

16 hours ago, #freejame said:

I was really poor in 2018 and only moderately poor in 2019 and I got my check. I also file my taxes the first chance I can get. I don’t need the money per se but it’s nice always nice to have.

Things are finally starting to break for me financially and I might clear 3k in bonuses and commission for the month and make 5k in a month for the first time ever. There’s a sig rifle I’ve had my eye on for a very, very long time that’s really calling my name but I’m not spending any of my stimulus until I see how the end of this month goes. 

Combined with a management position at work I just applied for, I’m really looking forward to 2021 and much more financial comfort. 

Best wishes and hope you get the position applied for.

  • Like (+1) 1
  • Thanks (+1) 1
Link to comment
Share on other sites

33 minutes ago, Radar said:

Best wishes and hope you get the position applied for.

Thanks, much appreciated! I’m pretty optimistic. I’ve got the best background of those that applied, but right now there’s a question of whether we will be having the new training class that the managers would be in charge of. Either way, I’m confident it’s in the cards sooner or later. 

  • Like (+1) 1
Link to comment
Share on other sites

36 minutes ago, PASabreFan said:

The IRS website now says one explanation for the "Payment Status Not Available" error is that your data might not have been uploaded to the Get My Payment tool yet. They say they're working on moving more data into the tool (TWSS).

The irs is a tool to begin with. 

  • Like (+1) 1
Link to comment
Share on other sites

On 4/17/2020 at 4:36 PM, Scottysabres said:

Simple, I did not submit for it.

Pretty sure you're confusing a couple of programs from the CARES Act.

The income tax relief is $1,200 per person (couples filing jointly get $2,400) with an additional $500 per qualified dependent child.  Those checks have been going out since early this week and are getting automatically sent to all qualifying tax payers.  (There is a cutoff for taxpayers earning above a threshold which is why some people are saying they don't qualify for it.)

The $360B loan/grant package for small businesses which is administered by the SBA has 4 separate programs that business owners need to apply for.  Expect those are the programs you're referring to.  And those are currently out of funds and are what they've requested an additional $250B for.

2 of those programs PPP and EIDL are the ones most small business owners qualify for.  EIDL was supposed to be a grant (technically a loan, but it is immediately forgivable so it effectively is a grant) of up to $10,000 per small business but due to demand has been adjusted to be a $1,000 grant per employee (and the owner can count as 1 of them) up to 10 employees.  To apply for this program you apply directly to the SBA on-line. 

The PPP provides for much larger loans (up to $10,000,000) and can become a grant IF the funding goes directly to employee salary (at least 75% of the funds) and the rest goes directly to stuff like rent & utilities.  Any money spent on other items needs to be repaid, but pretty sure no payments are due for 2 years and are only due if you can't prove the money was used for wages and facility expenses.  This program works through your bank and the SBA and you apply directly with the bank.

Don't know much about the other 2 programs within the SBA portion of the CARES Act because they weren't applicable to my business at all.

Presumably these programs will get additional funding in the next week or so.

Edited by Taro T
D'oh!
Link to comment
Share on other sites

T-2, you are getting the PPP and EIDL programs mixed up. The advance on the EIDL loan, which was $10,000, is now $1,000 per employee up to $10,000. I think the PPP program is unchanged.

https://www.msn.com/en-us/money/smallbusiness/sbas-dollar10000-disaster-loans-come-with-new-caveats/ar-BB12ovTT

Link to comment
Share on other sites

16 minutes ago, PASabreFan said:

T-2, you are getting the PPP and EIDL programs mixed up. The advance on the EIDL loan, which was $10,000, is now $1,000 per employee up to $10,000. I think the PPP program is unchanged.

https://www.msn.com/en-us/money/smallbusiness/sbas-dollar10000-disaster-loans-come-with-new-caveats/ar-BB12ovTT

Thanks for that.  Yes, had the 2 programs flipped.  

Link to comment
Share on other sites

Depending on how they calculate income, I may or may not get it. But either way, I work in agriculture and business in booming. My job is safe and I feel extremely fortunate. I don't need the money and I can't believe our stupid government thinks this is a good use of $2 trillion, when we are already over $10 trillion in the hole. For that kind of money, they could provide health care for millions of Americans. Or maybe just get us some friggin' masks and COVID tests, already. If I do get the money, I will likely be donating my cut to some key political campaigns this fall. 

Edited by Skibum
  • Like (+1) 2
Link to comment
Share on other sites

My feelings exactly.  Everything now is political.  Buying votes, scare tactics, etc.  Is there any Truth anymore??  At least 10% of the US does not need stimulus and would deny it if were possible.  Throwing money at a problem rarely fixes it.  The hypocrisy.  Many of the same folks that  say "We won't stand for a socialist society" are the same ones cashing the stimulus checks, social security checks, disability checks, unemployment checks as soon as they get them.  And the farm bailouts.   And the small business bailouts. That is socialism . Pick a side!  Do you want government support or not??  If you want government support, fine.  I'm OK with that.  I think the government should help in times of trouble.  But,  don't  cry about government overreach.  And I ain't no saint, I'll cash my stimulus check.  I will be donating the whole check to a presidential candidate's campaign.    It may not help, but my conscience will be clean.

  • Like (+1) 2
Link to comment
Share on other sites

16 hours ago, Tondas said:

My feelings exactly.  Everything now is political.  Buying votes, scare tactics, etc.  Is there any Truth anymore??  At least 10% of the US does not need stimulus and would deny it if were possible.  Throwing money at a problem rarely fixes it.  The hypocrisy.  Many of the same folks that  say "We won't stand for a socialist society" are the same ones cashing the stimulus checks, social security checks, disability checks, unemployment checks as soon as they get them.  And the farm bailouts.   And the small business bailouts. That is socialism . Pick a side!  Do you want government support or not??  If you want government support, fine.  I'm OK with that.  I think the government should help in times of trouble.  But,  don't  cry about government overreach.  And I ain't no saint, I'll cash my stimulus check.  I will be donating the whole check to a presidential candidate's campaign.    It may not help, but my conscience will be clean.

I couldn't have said this better myself. Frankly, I'm tired of narratives - regardless of sides. Just give every one of us the unadulterated facts!

  • Thanks (+1) 1
Link to comment
Share on other sites

On 4/20/2020 at 11:37 PM, Tondas said:

My feelings exactly.  Everything now is political.  Buying votes, scare tactics, etc.  Is there any Truth anymore??  At least 10% of the US does not need stimulus and would deny it if were possible.  Throwing money at a problem rarely fixes it.  The hypocrisy.  Many of the same folks that  say "We won't stand for a socialist society" are the same ones cashing the stimulus checks, social security checks, disability checks, unemployment checks as soon as they get them.  And the farm bailouts.   And the small business bailouts. That is socialism . Pick a side!  Do you want government support or not??  If you want government support, fine.  I'm OK with that.  I think the government should help in times of trouble.  But,  don't  cry about government overreach.  And I ain't no saint, I'll cash my stimulus check.  I will be donating the whole check to a presidential candidate's campaign.    It may not help, but my conscience will be clean.

“Picking sides” has led us to this mess. People’s sides and ideologies are chosen over picking the best solution to the problem and disregarding prior experience. 

  • Awesome! (+1) 1
  • Thanks (+1) 1
Link to comment
Share on other sites

2 hours ago, SDS said:

“Picking sides” has led us to this mess. People’s sides and ideologies are chosen over picking the best solution to the problem and disregarding prior experience. 

I hear ya SDS but it's turning me into a person I don't like. 

There needs to be a universal understanding and language.  I thought it was science and facts. but now it's about lies, TV ratings and Facebook posts.  The tail is wagging the dog.  P.T. Barnum was wrong when he said a sucker is born every minute.  Now, a sucker is born every second.  I really want to be a good, caring, generous, and understanding person,  but it's getting increasing easy to just say, "F^ck it, you wanted it, you got it,  enjoy it and don't bitch."  I'll just care about me and my family..  We'll be fine regardless of what happens, but my patience level is shot.  Anything else I have to say belongs in the political thread.

I want to be a good man, and I still am aside from the occasional vent like this one, but it's getting increasingly difficult.

Link to comment
Share on other sites

This topic is OLD. A NEW topic should be started unless there is a VERY SPECIFIC REASON to revive this one.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...