>How much? (based on v3) $1200 per adult, $500 per child. Amount will decrease for persons earning over 75k in adjusted gross income. crsreports.congress.gov/product/pdf/IN/IN11268 (based on v2)
>How will I be paid? (based on v3) It will automatically be calculated from your 2019 (or 2018) filing. Direct deposit info from a 2018 or 2019 refund will be used, otherwise a physical check. The IRS will send a letter confirming the payment.
>How do I qualify? (based on v3) 1. Have a Social Security Number. (or Adoption tax ID) AND 2. You are not claimed as a dependent. AND 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. (Look below for more)
>Can I still file for 2019? YES. Even if you are not required to file, you may need to file to qualify for the program. You can file with little or even 0 income. 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.
>>Do I qualify 3. expanded The IRS can only pull the info for calculation and payment from one of 4 forms. 2019 federal income tax filing 2018 federal income tax filing 2019 SSA-1099 2019 RRB-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.
>hundreds of billions in free cash for massive corporations >trillions in zero-interest loans for massive corporations >70 billion for the american people >won't even be a check, just a reduction on your 2021 taxes LMFAOOO
Kayden Richardson
>Imagine being this fucking retarded Free accounting advice, round 3
John Sanchez
>AM I A DEPENDENT? >AM I A QUALIFYING CHILD? >AM I A QUALIFYING RELATIVE? >HELP TAX ANONS IM SCARED
READ THE FUCKING CHART. THE LEFT SKDE DETERMINES A QUALIFYING CHILD, WHICH WOULD GIVE THE PERSON CLAIMING THE CHILD THE CHILD TAX CREDIT
THE RIGHT DETERMINES A PERSON BEING A QUALIFYING RELATIVE, WHICH IS A DIFFERENT CREDIT
THE LONG AMD THE SHORT IS; >OF YOU FIT INTO THIS CHART EITHER IN RELATION TO YOUR PARENTS OR SOMEONE ELSE >AND YOU WERE CLAIMED >NO TRUMPBUX FOR YOU
File independent then, it'll be up to your parents to provide proof of your dependence, not the other way around
Gabriel Ramirez
thanks
David Sanders
Is it still going to be 2 payments or only one?
Mason Green
Have them file an amended return and pay back the 500 credit they received for the claim. I can assure you that this can be done in time to secure trumpbux.
Adrian Bailey
I CANT ASSURE I CANT ASSURE I CANT ASSURE I CANT ASSURE
Elijah Robinson
Both my parents are retired and get social security will they get anything? They don't get much
Charles Rogers
From digging through the bill >‘‘(c) LIMITATION BASED ON ADJUSTED GROSS INCOME.—The amount of the credit allowed by subsection (a) (determined without regard to this subsection and subsection (e)) shall be reduced (but not below zero) by 5 percent of so much of the taxpayer’s adjusted gross in come as exceeds >$150,000 in the case of a joint return, >‘‘(2) $112,500 in the case of a head of house hold, and >‘‘(3) $75,000 in the case of a taxpayer not described in paragraph (1) or (2). So, you're likely head of household if you're not married, you'll get the full $1,200 + ($500 * 3)
Or thisWill probably be much less trouble legally but more difficult in terms of dealing with boomerparents.
Josiah Gonzalez
The income phase out is $5 per $100 of income over $75,000. At $99,0000 it completely phases out. At $9,000 over that means your check is reduced by $450. 3 dependents increases it by $1,500, so you'd get $2,250 if single or $3,450 joint.
Cooper Hernandez
Where do I file to make sure I get the trump bux? I haven't worked or had an income in 5 years, am I still able to file? Is filing really the only way? I heard there were going to be others, like if you were on EBT/food stamps they could find you that way?
>$3,450 joint. $3,900 joint. Forgot that the phaseout starts higher for joint.
Robert Allen
When we getting these Donnie dollars?
Aiden Morris
House vote on Friday, so if it passes then hopefully soon after. If not, then who knows.
Michael Walker
Fuck Trump. Stupid asshole making all this so complicated and forcing people to jump through hoops for the money instead of just sending everyone over 18 a check.
Parker Ross
No, it is income based, ie taxes only. They won't "find" you to give you money, this isn't doc browns lettwr in back to the future, hahaha.
Carson Ward
You can't. The wording clarified to is any electronic method the payee authorized for delivering a refund in or after 2018. Unless you haven't filed 2019 yet and you get a refund for it. If you just filed out that info but didn't get a refund for it, don't lknow if they use it.
Evan Russell
Mail in a return to the IRS or find a service here >irs.gov/filing/free-file-do-your-federal-taxes-for-free You can either mail in a $0 return OR e-file by putting $1 into interest income or some silly shit like that. DO NOT do this if you actually made income, because Uncle Sam will make you prolapse for filing a fraudulent return, which has an indefinite statute of limitations for them to screw you with
Nolan Wood
DEPENDENTS GET NOTHING archive.is/MQvEd#selection-2531.85-2531.104 >Eligible U.S. residents must have a work-eligible Social Security number to receive such a check and must not be claimed as a dependent by another taxpayer >must not be claimed as a dependent by another taxpayer
Illegals get neetbux and niggers get double any white male
Jose Phillips
No, you need a valid SSN
Levi Ward
Is this process all automatic? I want to refuse any government handouts on principle. I only paid about $600 of income tax for 2019 so I don't want to get back $2,400
James Roberts
Is it a tax credit? Does it have the green new deal shit? Does it have the diversity quota trash? How much pork is in it? How much corporate bootlicking and handouts?
>So, you're likely head of household IF at least one of those dependents is a qualifying child. Qualifying relative won't make you head of household. But more than likely one of those 3 are his kid.
Vote Democrat then
The OP post says that irs will pull 1099-SSAs (it's like a W2 for social security) for trumpbux but I honestly don't km knowing that will work like it states. Honestly if SSA is your only income I dont know if you have to file or not. All my clients have social security and a job or other retirement
Don "deport em" ain't gunna let illegals get free money unless the dems snuck it in the bill
Henry Robinson
People still get it even if they did not get a refund. Once they file 2019 they will enter their bank info somehow or they will set up a site on the IRS to claim it. Not really sure, wording does not specify. I assume details will get released how to set it up.
Brody Miller
It's not Trumps bill shareblue faggot. We wouldn't even be getting Trumpbux if he didnt mention it. That made Congress seeth
William Brown
Not passing the house.
Sebastian Johnson
I receive SSI as my sole income and didn't file any tax shit from 2018-2019, am i still getting NEET bux or am i just gonna watch everyone else buy a PS5 around me?
Implying niggers and illegals dont have a valid SSN
Mason Harris
Fucking Christ, X = Phase out amount, Y = Income: They changed it to a % of excess now. For example: X = Phase-out amount Single: (Y-75,000) * 0.05 = X => 1,200 - X = Greater of 0 -OR- remainder of 1,200 - X
Right, just making a base assumption. If I had 3 fucking kids running around without a wife in the house, I better be something better than Single but not MFS
Anthony Barnes
It stacks on top. >
Kayden Cooper
>implying niggers and spics file taxes Sure some do and hold jobs, but half of them probably have warrants and this will give contact info to find them, kek.
Camden Reyes
Any way to refuse this bullshit money?
Luke Bell
What makes you think you get back 2400. 1.) Those numbers don't foot 2.) I haven't heard anything about a return of tax
Jeremiah Morgan
You more than likely received SSA/RRB-1099 for your benefits. If you did receive such a tax statement, then it will be mailed to where the address they were mailed to or potentiality is on file with the SSA. If that is the case, then no, you would not need to file 2018 or 2019 to receive this "rebate check".
Logan Miller
Am I eligible if I made under 2,500 in 2018 and 2019?
>complicated You're aware that democrats fucking LOVE taxes right? Congress writes the tax code. Read through this shit, wonder how the fuck any of it makes any sense (it doesn't), then realize that it made sense to some asshat in Congress that thinks loltaxesareez as he scribbles shit into the bill
What about areas where the cost of living is insane, I make $115k but I live in San Diego so that actually sucks. I have a 2 hour commute because I have to live in a fucking 3/2 with 4 other people.
Just what the fuck ever, how could this be so poorly thought out? Half the country makes this much because of high cost of living. Just make it for everyone or adjust like a per diem rate. The gov has per diem tables, they know how this scales. Fuck them.
This is just another tax on me while I am already overburdened.
Isaiah Torres
Yeah, send it back. Make an estimated tax payment and enjoy paying less taxes at the end of the year
Lucas Parker
Can you file your income (other) from a 1099-MISC & still be eligible for TrumpBux?
Aaron Peterson
I wish ICE and US Marshals had a sting operation like that planned. The media chimp out would be epic
Bentley Wood
THIS IS A GOOD POINT
With the filing deadline extended can we expect no trumpbux if filing after trumpbux payment