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SIR, The Stimulus Package, looking for as close to expert opinion as possib

So if you stayed at a Holiday Inn Express lately, that doesn't qualify.
Is the 1200 based on adjusted income or gross? We have a couple small LLC's.
And the college kids that we claim as dependent's. Do they get 500, 1200 or nothing at all.
Don't want to bother my accountant right now, just thought they're might be a CPA here who has a opinion.

Posted: 03/29/2020 at 8:33PM

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Current Thread:

SIR, The Stimulus Package, looking for as close to expert opinion as possib -- 48tnhokie 03/29/2020 8:33PM

AGI..if you claim them as dependents you get the $500 per. ** -- Hockey Dad 03/30/2020 08:54AM

This so funny, you say yes if dependent's -- 48tnhokie 04/02/2020 5:11PM

Do they base on 2019 or 2018 taxes? ** -- Full-Set and Moonshine 03/30/2020 09:54AM

I believe 2019 if filed if not, 2018 ** -- HokieForever 03/30/2020 10:48AM

And yes under 17. Same as CTC. ** -- Hockey Dad 03/30/2020 09:00AM

Six kids -- Hokie1992 03/30/2020 08:42AM

Lol on the "cheaper now b/c all the kid's activities are cancelled" -- `lag 03/30/2020 11:06AM

Not so, my kid, D-2 football player -- 48tnhokie 03/30/2020 1:02PM

Not so, my kid, D-2 football player -- 48tnhokie 03/30/2020 1:02PM

Dang, I may get some -- `lag 03/29/2020 10:58PM

Just look at your 2018 tax form 1040. -- 48zip 03/29/2020 11:03PM

Coincidentally, did them yesterday.... -- `lag 03/29/2020 11:44PM

It's the 2018 yr, not 2019. ** -- 48zip 03/30/2020 12:19AM

I read it is 2019 if already filed. 2018 if not. ** -- Kudelski 03/30/2020 06:58AM

I've heard there will be a reconcilliation on the 2020 form ** -- LaneRat 03/30/2020 09:11AM

Will get $0 for college age dependents. I've got 2, so unfortunately... -- cincyhokie 03/29/2020 9:58PM

I get zero but most of my employees that are single do so I am happy for -- wc hokie 03/30/2020 12:45AM

...it’s only money ** -- chumley 03/29/2020 9:50PM

I get nothing, and will like it! ** -- B777Fr8Dog 03/29/2020 8:52PM

^^^ I'm with stoopid ^^^ ** -- Brown Water 03/29/2020 10:04PM

It's simple. 100% to 75k AGI. Then deduct 5% over until 99k (where it =0) -- 48zip 03/29/2020 8:47PM

That was easy, thanks everyone, Be Safe* ** -- 48tnhokie 03/29/2020 8:57PM

I'll got 0, make to much $. Not complaining, happy to not need it. ** -- 7Hokie1 03/29/2020 8:40PM

There are several online calculators -- Hokie Chris 03/29/2020 8:38PM

Calculator inside -- FfxStationHokie 03/29/2020 8:35PM

That's not a good one. I claim one college age child as a dependent.... -- Jackie VT 03/29/2020 9:16PM