So what are you going to do with your stimulus check?

[arakboss]

Has anybody received a direct deposit yet?

Our deposit is pending.

 

[Xrperry]

I got mine today, then went and bought a new kimber custom 2 GFO 1911, 10mm , 2019 shot show special.

 

[CamoDeafie]

We got the $2400; most of which is going towards paying down the outstanding medical bill balances that the wife have, and the remainder to any other outstanding bills and savings in preparation for more bills

 

[EUGENE the REALTOR]

Average Mormon family must be getting $7400 checks...

 

[ducrider]

Lol does your wife know how you plan on spending it.
HEHEHEHE
Come on man married 5 kids you better start shopping for a mini van .
No a bike.
Just saying.

She's the one that wants a to spend it all, I only need about 600 of it, she said she will never have a minivan, she tried it once and said never again, she has a 2015 Nissan Pathfinder that has been paid off for a few years, Im more of a saver, she isn't bad but always wants projects that cost a lot of money which mean she wants me to do a project that she wants haha

 

[ducrider]

Its an advance on next years refund! Don't give it away! Lol

That's what I told my wife and friends, don't just blow it or your gonna be pretty bummed next year

 

[SHOOTZMEDLER]

Mine will be going to bills.. responsibilities of being an adult.. shootz

 

[The Heretic]

Stimulus checks are going out to people who have died, what that means for relatives

As many receive payments from the federal government, some have been surprised to discover that their dead loved ones also were sent the funds.

www.usatoday.com

 

[308]

Stimulus checks are going out to people who have died, what that means for relatives

As many receive payments from the federal government, some have been surprised to discover that their dead loved ones also were sent the funds.

www.usatoday.com

If dead Americans can vote, they should also get checks

 

[nammac]

I think a point many folks may have missed, because it was really was not made clear, that this stimulus is really just an advance on what next years refund might have looked like. In some cases, folks have received all of next years refund already. At least that's how I understand it. Perhaps I'm mistaken...

Be wise with this sudden windfall, especially if you normally receive a reasonable tax refund. Might be disappointed next tax season... As for me, it'll go into the savings, just in case...

 

[GunSmoke]

I think a point many folks may have missed, because it was really was not made clear, that this stimulus is really just an advance on what next years refund might have looked like. In some cases, folks have received all of next years refund already. At least that's how I understand it. Perhaps I'm mistaken...

Be wise with this sudden windfall, especially if you normally receive a reasonable tax refund. Might be disappointed next tax season... As for me, it'll go into the savings, just in case...

I thought it was a new tax credit that basically would mean it's in addition to whatever refund you would have gotten. We all know the government cant just print money without making us pay one way or another, when where and how I dont know. I just know it's a desperate move to try to prevent a recession. And ya they can play it off like they care about us but I'm not buying it. I was going to buy a silencer but now with my job up in the air I'm going to save it until I know if I'm going back to work after this or not.

 

[DunRanull]

Dunno if we'll actually receive anything.. IF we do we shall doubtless spend it on wine, wimmins, and song!

 

[The Heretic]

Your Money: Why you might be afraid to spend your stimulus check

If you got your stimulus payment this week from the IRS and it is still in your account, are you afraid to spend it?

www.reuters.com

Until I get a regular paycheck again and I am feeling comfortable about a new job, not unnecessary spending for me. Indeed, probably none until I retire.

 

[Member 52301]

If dead Americans can vote, they should also get checks

Dang! That was a good one and made me laugh.

My husband and I were discussing this today too.

Cate

 

[Kruel J]

I got a stimulus payment deposited today!!

$2.80

No, I'm not joking.

 

[slimmer13]

I got a stimulus payment deposited today!!

$2.80

No, I'm not joking.

Big pimpin

 

[Kruel J]

Big pimpin

Pimpin ain't easy when you got no hoes.

 

[ZigZagZeke]

Its an advance on next years refund! Don't give it away! Lol

That is NOT correct.

Will this eat into my tax refund for 2020?

No. The 'advance' you've been hearing about is in reference to a special tax credit that'll appear on the tax return you file in 2021 for the 2020 tax year — a tax credit that wouldn't have been there if it wasn't for these stimulus checks.

So the Internal Revenue Service isn't giving you some of your 2020 tax refund upfront. The stimulus check will be in addition to what you would've otherwise expected.

Will it count towards my taxable income for 2020?
No. This money is not considered income. It won't be taxable and it won't affect your income tax bracket for 2020.

Is Your Stimulus Check An Advance on Next Year's Tax Refund?

 

[The Heretic]

So mine, and then some, went to pay for repaving the road.

 

[nammac]

Pimpin ain't easy when you got no hoes.

Maybe that's why you only got 2.80

You my friend need more hoes!!!!