Afternoon Oppo, hope everyone’s still doing well and managing this rough time as best as possible. Have some Watercooled P-Car gang, because it’s me, duh!
I’ve already stated a few times that I’m not one to post and share much or anything directly political. However, this has been bugging me all weekend. Some college-aged friends and I were chatting about the stimulus pkg and the checks, browsing through the articles and such and found this. Not everyone will be benefiting from the bill (shocking, right?), that includes a lot of people in my demographic (college-aged, full time students that work part/full time, and may or may not live at home), and it’s been corroborated by many sources (Yahoo, CNN, NY Times, ect.).
Even if they have a job or are a student, young adults who still live at home will not get a check if they can be claimed as a dependent on anyone else’s tax return (whether or not they are actually claimed as a dependent on someone’s return). We’re mainly talking about children who are 17 or 18 years old, or college students who are 23 or younger at the end of the year. The IRS will look at your 2019 or 2018 tax return to determine if someone could claim you as a dependent.
According to Forbes, and even though whether or not someone is claimed isn’t a factor apparently, I cut out this snippet:
Other than remembering that bills and the such are generally and frustratingly more complicated than they should be sometimes, I’m occasionally a rather intelligent fellow, and this is damn confusing.
From my interpretation of it all, It’s looking as though I will not be receiving that check. I’m more than happy for those who will benefit from that check. It sure as heck stings that I could’ve benefited from it as well, even if it’s only temporary; that said, temporary is better than not at all.
I’d love to have some incite and knowledge from those that are much more politically inclined and educated than I am. One of the best ways to learn is from others. Have another Porsche.