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Coronavirus (COVID-19) is too exciting for adults to discuss (CLOSED)

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Fungo Squiggly said:
Nope. The $1200/$2,400 is going to be a prepayment of a credit generated on the 2020 tax return. So it is possible for someone to get a prepayment of the full amount of the credit and then not qualify for any of it. An individual that made $60k in 2019 and and $100k in 2020 would receive a check for $1,200 here in a couple months but would then not qualify for any of the credit when filing the 2020 return and would have to repay the full $1,200.

Same for a married couple except it would be $2,400 prepayment and an income jump from $145k in 2019 to $205k in 2020. Go from qualifying for the full credit to having to repay it next year.

It's going to be a clusterfuck.

EDIT - I don't know what the actual phaseouts are going to be, but this is the general idea of it. If any of you remember the $400 stimulus check from 2008/2009, that's how that credit worked, too.

EDIT2 - I don't remember, but they may not have made people pay the $400 back if they didn't qualify for it. Which means people were getting more than they were supposed to and got to keep it. So that's fun, too. Either way......clusterfuck.
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I spent $175, 412.32 on hookers and booze last year.

Can you help me?
 
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Fungo Squiggly said:
Nope. The $1200/$2,400 is going to be a prepayment of a credit generated on the 2020 tax return. So it is possible for someone to get a prepayment of the full amount of the credit and then not qualify for any of it. An individual that made $60k in 2019 and and $100k in 2020 would receive a check for $1,200 here in a couple months but would then not qualify for any of the credit when filing the 2020 return and would have to repay the full $1,200.

Same for a married couple except it would be $2,400 prepayment and an income jump from $145k in 2019 to $205k in 2020. Go from qualifying for the full credit to having to repay it next year.

It's going to be a clusterfuck.

EDIT - I don't know what the actual phaseouts are going to be, but this is the general idea of it. If any of you remember the $400 stimulus check from 2008/2009, that's how that credit worked, too.

EDIT2 - I don't remember, but they may not have made people pay the $400 back if they didn't qualify for it. Which means people were getting more than they were supposed to and got to keep it. So that's fun, too. Either way......clusterfuck.
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I think that I should be entitled to keep anything they send and if upon asking for it back, they all get a great big fuck you until my retirement portfolio has made it back to 1/1/20 levels.

Cocksuckers in DC can DIAF for all I care.
 
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Oxford Epidemiologist: Here’s Why That Doomsday Model Is Likely Way Off

Basic gist of the article is the virus has been invisibly spreading for at least a month earlier than suspected and that upwards of half of the UK population has been infected already, and that "herd immunity" could start taking effect in the more populated and affected areas. It also states that the model done by Imperial College London which predicted as many as 2.2 million could perish in the US is likely way off.
 
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hp9tj6p7kwo41.png
 
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Social Distancing Does Work!
I and my wife had a very bad health year last year. I was sick for almost 8 months on and off. So we decided to make some changes. We started by identifying where in town we we catching colds. So we stopped eating at those two restaurants during cold/flu season. And we both got flu shots(they made us both sick). That has worked tremendously as neither of us have caught a cold or the flu and with some good health habits and social distancing we may get lucky with the Covid-19 virus outbreak. And I also sourced some local honey which I use every day in my morning tea.
 
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Taosman said:
Social Distancing Does Work!
I and my wife had a very bad health year last year. I was sick for almost 8 months on and off. So we decided to make some changes. We started by identifying where in town we we catching colds. So we stopped eating at those two restaurants during cold/flu season. And we both got flu shots(they made us both sick). That has worked tremendously as neither of us have caught a cold or the flu and with some good health habits and social distancing we may get lucky with the Covid-19 virus outbreak. And I also sourced some local honey which I use every day in my morning tea.
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Last sentence I totally agree with.

Sorry to hear about your health struggles man.
 
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