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I believe I is last years but not 100% on that
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Coronavirus (Stay on Topic)
- Thread starter GaWx
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snowlover91
Member
Per CNN and assuming it doesn’t change, it’ll be based on 2019 returns if already filed and if not 2018.
So if my 2019 returns are higher than my 2018 returns, I should wait to file? ?
I’m wondering what the substance/details of these stay in place orders are? I’m supposed to help someone move this coming Saturday and I don’t want to get arrested/fined/etc., but they do need help moving....
snowlover91
Member
Haha that one is above my pay grade! I’ve already filed 2019 tax returns so I’ll see what happens in April or May!
Unfortunately NC has 1st death
abc11.com
Coronavirus NC updates: 1st state COVID-19 death reported in Cabarrus County
The state is reporting its first death related to COVID-19 out of Cabarrus County.
abc11.com
Jon
Member
Sent from my iPhone using Tapatalk
Chattownsnow
Member
I’ve heard different states, countries, etc. count deaths differently based on certain criteria and what not. I wonder if that is effecting death counts state to state and/or country to country in any significant way. I read an article about Italy’s deaths being inflated by the way they count cause of death compared to other countries. I can link the story if requested and dig and find it. Is cause of death and such consistent across the US? I just have to think all these are very rough numbers but I really don’t know here.
Good question. All I know is City of Durham is ordering stay in place, but the county isn't yet.
MichaelJ
Member
Just a note about the stimulus package, if you are self employed and forced to close down all business, you will still NOT be eligible for any unemployment compensation. This applies to all partnerships, Chapter S Corp's and single proprietors
Ill get a $1000 more if based on 2019 so it had better be.
Shaggy
Member
Pitt county is but incorporated areas are not. So the city of greenville does not apparently have a stay at home order while county residents do. So stupid.
5,146 new cases in New York State. 2,952 new cases in New York City. 3,805 hospitalized and 888 are in ICU.
NCSNOW
Member
That does seem backwards from common sense. Really if a city is lockdown, then the whole county should be at a minimum.
NCSNOW
Member
At POTUS pc yesterday. Our total #s still dont have alot of local testing from some private hospitals,med facilities. They said those should start being added in soon. Need all of it .
Nerman
Member
A total of 5 assisted living facilities have confirmed cases in Georgia ☹
That's not good.
My 2018 return is below $75k and my 2019 return is above, so I’m interested to see what happens. Maybe they would take the excess back based on 2019 returns when I file my 2020 taxes in 2021?
Doesn’t matter too much, a one-time $1,000 check isn’t going to do much for me either way. I’m not sure what the point of these even is, they should use it for unemployment benefits or to help small businesses which have been forced to close.
40 deaths and 1247 cases in Georgia.
Nerman
Member
In the worst areas of China (Wuhan) they have been quarantined for over 2 months. Literally not leaving their apartments and having food brought to them. They are planning to begin re-opening the area on April 8th. It began Jan 23rd basically the same time the US discovered their 1st case in WA.
Does anyone really think (knowing the above) it's realistic in anyway that we 'go back to work' on Easter, April 12th?
time.com
Does anyone really think (knowing the above) it's realistic in anyway that we 'go back to work' on Easter, April 12th?
China Set to End Wuhan Coronavirus Lockdown as Reported Cases Subside
China barred people from leaving or entering Wuhan starting Jan. 23
Snow_chaser
Member
NopeIn the worst areas of China (Wuhan) they have been quarantined for over 2 months. Literally not leaving their apartments and having food brought to them. They are planning to begin re-opening the area on April 8th. It began Jan 23rd basically the same time the US discovered their 1st case in WA.
Does anyone really think (knowing the above) it's realistic in anyway that we 'go back to work' on Easter, April 12th?
China Set to End Wuhan Coronavirus Lockdown as Reported Cases Subside
China barred people from leaving or entering Wuhan starting Jan. 23
Ghost
Member
Do you know which ones? My mother in law is in Georgia in assisted living. We are in SC and her other son in Florida. The assisted living has yet to reach out to us to tell us their procedures. We talk to her everyday. She said her place quarantined someone in their room yesterday but said it was for a cold
Yellow Snow
Member
Where are you seeing that? From what I've read it applies to all independent contractors, and (as I understand it) owners of pass-through entities like S corporations, as long as they are also employees of the entity.
https://www.axios.com/coronavirus-b...fit-a3534c5d-2841-48ca-a492-705d5af79534.html
Nerman
Member
:quality(70)/d1hfln2sfez66z.cloudfront.net/03-25-2020/t_f40e69f0ff2a484d9079eeda8de62dd2_name_assisted_living_marietta.jpg)
5th assisted living facility in Georgia reports cases of coronavirus
One patient came back positive for the virus. Four other residents who are showing symptoms are at the hospital for treatment.
www.wsbtv.com
Yellow Snow
Member
The payment begins to phase out at $75k ($150k for married couples) and that's based on AGI, not gross income. Btw, it's $1,200 for singles, and $2,400 for married couples, along with $500 per child under age 17.
$3,400 for a family of four is nothing to sneeze at.
snowlover91
Member
People with jobs will use the extra check to go buy stuff they want. People who lost their jobs will use it to pay the bills and/or buy some extra stuff. I have a family of 5, so 3900 would be a nice little bonus to make use of.
What does the phase out look like....? is it a percentage less for every so much your AGI is over the cap?
Yeah my grandmother is in an assisted living home in Braselton.. we haven't heard anything yet
Exactly and either helps put funds back into the economy. Assuming individuals with jobs spend more, this creates a need for products, which hopefully creates a need to hire employees to produce those products... of course this all hinges on businesses opening up eventually as well (which they will)
$3400 for a family of 4 with 2 in college is definitely nothing to sneeze at.
Shelter in Place coming for Wake Co. I honestly think as long as the metro areas and hot spots continue to do this Gov Cooper holds off, just speculation on my part
Yellow Snow
Member
And that's not even including the expansion of unemployment benefits, which will add up to an additional $600 per week to a state's benefit payout.
Why am I not surprised
Yeah, but a lot of stores are shut down, anyways. I’m probably just going to put the money in the market, to be honest, since this is a good buying opportunity.
Anyways, sorry, I don’t mean to drag this thread off-topic.
Same here. Three girls.
D
Deleted member 1449
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Greensboro issuing stay at home order today.
Union County, just SE of Meck has no plans for a shelter in place, which baffles me. Because everyone from Charlotte will hop on Providence Rd. and Independence right into Union County. So, the spread will just continue. The WHOLE Metro needs to work as one, otherwise, this is all for nothing.
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