M5POST
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

Go Back   M5POST - BMW M5 Forum > BIMMERPOST Universal Forums > Off-Topic Discussions Board

Post Reply
 
Thread Tools Search this Thread
      03-27-2020, 08:24 PM   #45
jamesinaz
Private First Class
285
Rep
174
Posts

Drives: 2013 X3 2017 540i
Join Date: Feb 2020
Location: Arizona

iTrader: (0)

Quote:
Originally Posted by FuriouslyFast View Post
That's awesome. Most folks will not give it to people who need it, though.

Maybe your SIL needs to get a job or something, though? (Don't flame me,, I obviously do not know her situation)
No flame. You don't know the situation. She and hubby are both decent people. He is mid 60s and unemployable as his job skills have him competing with much younger people and physical health make him not in demand. I think he is over 400 pounds and not very mobile.

She is also over 60, a LEGAL green card carrying immigrant and his wife of 40 years. She has had serious colon cancer and removal of parts. She hasn't eaten in over a year living on intravenous feeding.

I can't say it is no fault of theirs that they are broke. I believe they were kinda flush at one time but didn't handle it well and now are dirt poor. We have been helping them for years now and I suspect her condition will kill her before much longer. They do have one daughter who is helpful. She is a Captain (soon major) in the army and assists financially. But I think they have it pretty rough with zero luxury and of course she can't eat or drink so life sucks anyway.

Things like this make you appreciate what we have. My greatest issue since the virus is no gathering of the boys after golf and I can't get my acrylic nails backfilled (for guitar) and they will start peeling off in a week or two. Truly I have first world problems. I am lucky. I hope this bill helps those in need.
Appreciate 2
      03-27-2020, 09:02 PM   #46
zx10guy
Colonel
2628
Rep
2,582
Posts

Drives: 2013 135i
Join Date: Feb 2014
Location: DC

iTrader: (0)

Quote:
Originally Posted by jamesinaz View Post
No flame. You don't know the situation. She and hubby are both decent people. He is mid 60s and unemployable as his job skills have him competing with much younger people and physical health make him not in demand. I think he is over 400 pounds and not very mobile.

She is also over 60, a LEGAL green card carrying immigrant and his wife of 40 years. She has had serious colon cancer and removal of parts. She hasn't eaten in over a year living on intravenous feeding.

I can't say it is no fault of theirs that they are broke. I believe they were kinda flush at one time but didn't handle it well and now are dirt poor. We have been helping them for years now and I suspect her condition will kill her before much longer. They do have one daughter who is helpful. She is a Captain (soon major) in the army and assists financially. But I think they have it pretty rough with zero luxury and of course she can't eat or drink so life sucks anyway.

Things like this make you appreciate what we have. My greatest issue since the virus is no gathering of the boys after golf and I can't get my acrylic nails backfilled (for guitar) and they will start peeling off in a week or two. Truly I have first world problems. I am lucky. I hope this bill helps those in need.
Their situation definitely sucks. I can relate on the colon cancer side as I've had it. Don't mind money going to people in this situation.

As to your response to the poster about your SIL, just his typical assumptions about people without knowing anything about the situation.
__________________
Quote:
Originally Posted by Lups View Post
We might not be in an agreement on Trump, but I'll be the first penis chaser here to say I'll rather take it up in the ass than to argue with you on this.
Appreciate 0
      03-27-2020, 10:56 PM   #47
iminhell1
C2H5OH
iminhell1's Avatar
United_States
1585
Rep
1,728
Posts

Drives: 2010 SG 135i auto
Join Date: May 2015
Location: Darwin, MN

iTrader: (1)

So I haven't watched the news in a while.

I have to file for 2019 to get this?
They won't go off my 2018 filing?

I haven't done my '19 taxes yet.

CNBC article I found says they'll use 2018 if '19 hasn't been done yet. Hopefully that's true ... though i think the account I used changed. Eh find out I guess.
__________________
FBO (RB EVO inlets, Phoenix Racing 7.5" race, CP-e relocate / Tial, 1320 DP's, Berk mids, Custom E tune, XHP Stg III)
11.480 @ 121, 3,600#
2020: Speedtech, BW S366, 7.5"race, VTT DBBL, 2x450's, PR coils, Berk mids, E85
Appreciate 0
      03-28-2020, 07:44 AM   #48
zx10guy
Colonel
2628
Rep
2,582
Posts

Drives: 2013 135i
Join Date: Feb 2014
Location: DC

iTrader: (0)

Yes. The IRS will use the most current info they have on you. If it's 2019, then your eligibility/payout amount will be based on your 2019 return. If it's 2018, then it'll be based on that.
__________________
Quote:
Originally Posted by Lups View Post
We might not be in an agreement on Trump, but I'll be the first penis chaser here to say I'll rather take it up in the ass than to argue with you on this.
Appreciate 0
      03-28-2020, 07:48 AM   #49
2000cs
Captain
1406
Rep
801
Posts

Drives: BMW
Join Date: Feb 2012
Location: USA

iTrader: (1)

Quote:
Originally Posted by zx10guy View Post
Yes. The IRS will use the most current info they have on you. If it's 2019, then your eligibility/payout amount will be based on your 2019 return. If it's 2018, then it'll be based on that.
True, and if your situation changed (address, more kids, bank account) then filing 2019 will update the IRS so you get the correct amount, in the correct bank account, faster.
Appreciate 0
      03-28-2020, 08:42 AM   #50
Rmtt
Colonel
Rmtt's Avatar
United_States
7256
Rep
2,085
Posts

Drives: 2011 BMW 128i, 2008 LS3 C6
Join Date: Jan 2019
Location: South Carolina

iTrader: (3)

I won't get anything....but I wish I did as I would give it away to others that will need it in a few weeks or so when they will be needing money again.

I won't lie. It's a struggle for me. I have an emergency fund that would last probably 18 months. I would honestly give a big part of that away to others in need if not for the fact that I don't know what the cards hold for the future.

If it was guaranteed that I wouldn't end up needing it, I wouldn't give it a 2nd thought.

I may put on a "tough guy" persona to people around me, but it kills me seeing others struggle through no fault of their own as I lived that life growing up.

So I help as I can....but I wish I could do so much more.
__________________
Everybody has a gameplan....until they get punched in the mouth.
Appreciate 3
2000cs1406.00
jamesinaz285.00
vreihen162085.50

      03-28-2020, 08:53 AM   #51
spazzyfry123
Lieutenant Colonel
spazzyfry123's Avatar
No_Country
1741
Rep
1,566
Posts

Drives: JTR
Join Date: Jul 2013
Location: Florida

iTrader: (0)

Garage List
2011 BMW E90 M3  [5.00]
Thankfully both my wife and I are in careers that will still pay short of an absolute meltdown (knock on wood). We had a nice pile of cash set aside, but burned through the majority in purchasing our first home a little under two months ago. I really don’t know what we would be doing if we suddenly lost our income. I’ll say even in my position I am still concerned and wonder if we should have still been renting with our cash on hand. I know, crystal balls and what not, but I’m stressing and financially nothing has changed for my family. I can only imagine what this is doing to everyone in a less fortunate situation.

We’re in the camp that we don’t need the check given our circumstance, but I feel that we need to save everything we can just in case.
Appreciate 1
vreihen162085.50

      03-28-2020, 01:29 PM   #52
RickFLM4
Brigadier General
RickFLM4's Avatar
United_States
4818
Rep
3,946
Posts

Drives: M4
Join Date: Jul 2015
Location: PB County, FL

iTrader: (0)

Another PSA (also posted in another thread):

Anyone who owns a small business (including sole proprietors), or even people who work for small businesses, should look into paycheck protection loans. I haven’t reviewed in detail yet, but it looks like it is worth some time to do so.
__________________
Current: 2018 SO/SS F83 ZCP
Gone: 2015 SO/SO F82
Appreciate 2
zx10guy2627.50
2000cs1406.00

      03-28-2020, 01:41 PM   #53
zx10guy
Colonel
2628
Rep
2,582
Posts

Drives: 2013 135i
Join Date: Feb 2014
Location: DC

iTrader: (0)

Quote:
Originally Posted by RickFLM4 View Post
Another PSA (also posted in another thread):

Anyone who owns a small business (including sole proprietors), or even people who work for small businesses, should look into paycheck protection loans. I havenít reviewed in detail yet, but it looks like it is worth some time to do so.
I've been paying into a supplemental salary policy/insurance for some time which guarantees a certain amount per month in money should I lose my job or have to stop working due to disability. It's through Unum. I have to double check how much of my salary it supplements per month. It's not a whole lot but it's something.
__________________
Quote:
Originally Posted by Lups View Post
We might not be in an agreement on Trump, but I'll be the first penis chaser here to say I'll rather take it up in the ass than to argue with you on this.
Appreciate 1
RickFLM44818.00

      03-28-2020, 01:43 PM   #54
Twt
Captain
Twt's Avatar
536
Rep
629
Posts

Drives: 2017 M2
Join Date: Sep 2016
Location: Atlanta

iTrader: (4)

Most of this bail out consists of politicians buying votes. It reminds me of a scene in a movie where the rich guy dumps $100 bills from the roof of a downtown building. In what world does a family making $150k in small town USA , who still has his/her job, need free cash compared to $75k in NYC that lost a job. We already have a semi-valid unemployment insurance system that has been used during times of a national crisis ( 2008 crash) to help those that lost their jobs. Paying those that have not only kept their jobs but may have increased earnings only lessens available funds for those who need help. Why are we also giving large sums to HOSPITALS. Last time I looked HCA and others are not only flush but are billing the crap out of us for this health crisis...they run a business with incredible demand increase. Plus random payments to Howard U, NYC performing arts , etc. After all of this spending, get ready for next years national sales tax to pay for this.

Last edited by Twt; 03-28-2020 at 10:17 PM..
Appreciate 2
rebekahb488.00

      03-28-2020, 02:27 PM   #55
aerostar
Major
621
Rep
1,186
Posts

Drives: 2018 F80
Join Date: Apr 2015
Location: NJ

iTrader: (0)

Quote:
Originally Posted by Darth One View Post
Some of you underestimate how many $150k+ households live paycheck-to-paycheck...
150k for a household in north NJ, not even Manhattan, is like nothing.

Just rent for a decent 2-3 bedroom is going to run 3k+ a month.
Appreciate 1
vreihen162085.50

Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 09:49 PM.




m5post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2020, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST