Trumpbux Thread #3

Trumpbux Thread #3

>The Law
v1 (rejected): republicanleader.senate.gov/imo/media/doc/CARES Act Final - Mar 2020.pdf
v2 (rejected): politico.com/f/?id=00000171-0319-d8a3-a3f5-73bfe5b20000
v3: BEING WRITTEN NOW. Further changes to the Trumpbux are not expected.

>How much? (based on v2)
$1200 per adult, $500 per child.
Amount will decrease for persons earning over 75k.
crsreports.congress.gov/product/pdf/IN/IN11268

>How will I be paid? (based on v2)
The IRS will distribute the payment.
It will automatically be calculated from your 2019 (or 2018) filing.
Direct deposit will be used if available, otherwise a physical check.
The IRS will send a letter confirming the payment.

>How do I qualify? (based on v2)
1. Have a Social Security Number. (or Adoption tax ID) &
2. You are not claimed as a dependent. &
3. File your federal income tax. Your payment will be based on your 2019 filing, if there isn't one your 2018 filing will be used.
(If receiving Social Security, that is confirmed by form SSA-1099 for 2019, then that form will be used if both filings are not available)

>Can I still file for 2019?
YES. Even if you are not required to file, you must for this program. You can file with little or even 0 income. There is the above exception for certain Social Security recipients.
irs.gov/filing/free-file-do-your-federal-taxes-for-free
Some e-file programs may not allow you to submit 0 income forms, please report which have/not worked for you. If necessary you can submit by mail.

Previous Thread

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i prefer bucks

But will we SSI NEETs get some coin too? Probably not :/

im on ssi will i get the money

They have been debating this since Sunday

>no money for dependents
dependent until 25
fuck my shit up senpai

heard it just got rejected again

youtube.com/watch?v=gRM43zJhk7A

The IRS can only pull the info for calculation and payment from 3 forms.
2019 federal income tax filing
2018 federal income tax filing
2019 SSA-1099

If you have more than one of those forms, the top-most one will be used for the process.
If you do not have any of those forms, then you will not be processed. You can still file for 2019.

graham, scott and sasse are holding it up now

and again and again and again

You can watch it in real time its legit an empty chamber with every GOP senator speaking about it one by one

16 hours of political speech a day

No vote scheduled

apparently I made exactly $599 in 2019. from what I understand, if I file a 1099, I'll owe self-employment taxes on any income over $400.
so now I can either
>a. say I made less than $400
in which case I'm fucked if they decide to audit
>b. say I made $599
I'll owe taxes, which isn't a problem if I get my Trumpbux, but I'm still fucked if they decide to audit for previous years
fugg why didn't I just get a job like a normal human

CNN SAID NO MONEY UNTIL MAY

WTF

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I can't file for that if I'm a dependent can I?

>Amount will decrease for persons earning over 75k.

Once again the people who actually pay taxes get steamrolled. Imagine if you made $80,000 in 2018 and paid all of the required income tax.

Now let's suppose you were laid off because of the government public health "quarantine" mandate.

With this perverse legislation, people who may have never paid a dime in income tax are entitled to $1,200 checks while you, as an actual tax payer, are told to fuck off.

The tax paying middle class just gets screwed at every turn.

The middle class is being absolutely decimated by the vampires at the top and the leeches at the bottom.

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did you think this woulds somehow work smoothly and quickly? a lot of people will be lucky to get money before september

It's never going to happen at this point. Trumpbux would do more damage to the economy than good.

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Good on them. This thing is a disaster in the making.

REEEEEEEEEEEEEEEEEEEE

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Those fags will make it worse I promise you that.

they want less money to go out

80k isn’t middle class.

There is no v3 yet, so there has been no vote yet.
They are debating the other sections of the bill.

Not a NEET, and make too much to get muh Trumpbux, but what are you going to spend the money on? Nintendo Switch games or something?

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Dependents are excluded from the payment regardless of filing.

so, what do you consider the top and bottom ends of middle class to be?

PLANNED PARENTHOOD
PLANNED PARENTHOOD
PLANNED PARENTHOOD

ANTIBODIES
ANTIBODIES
ANTIBODIES

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Since I can't e-file 0 income I'm just gonna say I earned 10 bucks out of whatever.
Can't wait for the NEETBUX!

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based retard

you can claim 0 income on a tax return

if you got layed off on 2019 you can still file.
if you are still making 80k you are paying for the neetbux, not receiving them.

I am not getting any, but still happy to see this pass. Should stop neets from running into my shotgun when they invade my house for at least an extra month

don't you know how taxes work? you can file independently unless you live at the same address of your parents or someone who puts you on their taxes as a dependent. If you're an adult and don't live with mommy and daddy, you don't have to worry about that cause of the address.

Agreed, user. I haven’t had a tax refund in 7 years. I pay Uncle Sam to kill sand niggers and such.
The idea of some tattooed barista nigger Bernie voter getting my hard earned money makes me seethe.

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not during efile

you probably won't owe anything, cause it's so low, you'll take the standard deduction which usually gives you 400-800 dollars back.

30-70

Just claim $ for camwhoring?

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Yeah but I'm not gonna bother sending a physical mail when I can just do it online.

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I make 75k and am very well off.

I make too much money to get them, but are they still coming out of peoples' future tax returns or are these real gibs yet? I'm rooting for you niggas to get real gibs, but something tells me they'll make this as terrible as possible.

so for 2019 I filed head of household, with 2 dependents.
2018 I was married, with 2 dependents
I know my ex wife hasn't filed her 2019 yet.

So how would they calculate that? I want to make sure I get all the money, not her.

Niggers are going to loot regardless. And I want to be there with my AR15 when it happens.

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Are you divorced? If not, you can claim the Trumpbux it seems to me. Did you joint file last year?

imagine a world where roof koreans have patreons

2019 overrides 2018 as I said.

i claimed i picked up a dollar on the street thats technically earned income

NO FUCKING MONEY UNTIL MAY AND TRUMP WANTS TO SEND PEOPLE BACK TI DIE IN THE STREETS FOR STONKS BEFORE THEN

THIS IS A THIRD WORLD SHIT HOLE

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I did an NSO stock option purchase and in 2018 had roughly 80k in "income" that was just the stock value appreciating. Since I had to purchase this stock, I had to pay income tax on the income I still have not realized. Will this put me over the 75k limit?

>Trumpbux will stimulate the economy!
Just like Bushbux did in 2001 and 2008. Oh wait, the only result was prices spiking. Turns out you can't make goods and services come into existence by running a printing press.

money doesnt mean goods and services

Yup.
Now because we are ALL doing this. Idk. Either the irs spends the next five years auditing every autist on here, or they just nod and go with it.

im not lying either, i did pick up money on the street
technically i did some freelance 3d modelling work for like 100 amazon gift card bucks too

Goods and services are the economy.

nah they'll just catch the frauds, glad I legit work and have done my taxes for both those years, I'm guaranteed my Trumpbux

no, goods and services are goods and services
hows it fraud to report my income of 1 dollar i found on the street, its fraud to not report it

Your "adjusted gross income" from your filing is used.

I like the way you think honestly :)
I'd rather see every neet get it than bankers

i mean technically i got paid like 20 cents an hour to make 3D models that millions have seen in a video game so i kinda deserve it anyway

We will never see a penny.
When I don't see a penny I'll start to ignore the law.

You better fucking pay me.

also i tried reporting 0 income you can do that physically but efiling is far more convenient so i did the minimum amount required to efile at basically 0 so if i'm still too poor to get it oh well, im just making sure they actually look at me and say no instead of defaulting to no. hopefully its a yes

The economy is people exchanging goods and services you goddamn retard. Numbers in digital accounts are not the economy. They are a vehicle for economic activity to function efficiently, but the physical stuff, the people DOING things, is the economic activity.

If printing money "helps the economy", why isn't Zimbabwe an economic powerhouse?

why pay workers if paying people helped the economy then we'd have no problems

>owe student loans
they took all my tax return last year.
I'm fucked...

oh fuck my trump bux might disappear into the student loans for that semester i did and dropped out of