#46 President Joe Biden

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  • dankind
    dankind Posts: 20,841
    I freelanced for a nearly year in 2005, and it almost destroyed me financially. I only made about $10,000 all year in NYC, of all places, and I owed nearly $8,000 at the end of the year, according to my 1099. None of which I had, because I had been paying bills, eating, etc. on the measly $10,000 I made that year.

    I went crawling right back to a corporate job after that experience. Sucks because I'd love to pick my own projects.
    I SAW PEARL JAM
  • mrussel1
    mrussel1 Posts: 30,907
    cincybearcat said:
    mrussel1 said:
    Gern Blansten said:
    mrussel1 said:
    cincybearcat said:
    tbergs said:
    cincybearcat said:
    PJPOWER said:
    As far as evictions and utilities go, are the rental property owners going to get any extra $?  If not, they should if they are having to keep non-paying renters housed, right? 
    They should.  And it would be better to send it to them and keep people in their apartments, etc.  
    As someone mentioned earlier, that would only include reported income through W2. Either way, I'm not sure why everyone thinks it would be so simple for them to just pull all that info on a whim to send checks appropriately.

    I have been skeptical of the 1,400 blanket amount, but I honestly think it would be a more efficient way to just get it done so the rest of the stimulus relief gets put in effect. In the big picture of things, the benefits far outweigh the cons at this point.
    As I have said, I wouldn't be sending any check like this so the IRS point doesn't actually matter.
    Huh?  I don't understand this sentence.  Non-W2 employees is a huge impediment to getting the right money to the right people trying to use 2020 income. 
    yeah and someone can have a 1099-NEC for $200K yet only make $30K net.
    Right,  that's why they use AGI. It's too early for 2020 numbers and we can't wait. 
    I said I wouldn't be sending random checks to people who may or may not have been effected financially due to the pandemic.  What don't you understand?
    How would the govt know who qualified without IRS data?
  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,374
    dankind said:
    I freelanced for a nearly year in 2005, and it almost destroyed me financially. I only made about $10,000 all year in NYC, of all places, and I owed nearly $8,000 at the end of the year, according to my 1099. None of which I had, because I had been paying bills, eating, etc. on the measly $10,000 I made that year.

    I went crawling right back to a corporate job after that experience. Sucks because I'd love to pick my own projects.
    I think you need to amend your return.  How could you owe $8K on $10K of income?
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  • static111
    static111 Posts: 5,128
    PJPOWER said:
    As far as evictions and utilities go, are the rental property owners going to get any extra $?  If not, they should if they are having to keep non-paying renters housed, right? 
    They could pull themselves up by the bootstraps and get real jobs.
    Scio me nihil scire

    There are no kings inside the gates of eden
  • PJPOWER
    PJPOWER Posts: 6,499
    cincybearcat said:
    PJPOWER said:
    As far as evictions and utilities go, are the rental property owners going to get any extra $?  If not, they should if they are having to keep non-paying renters housed, right? 
    They should.  And it would be better to send it to them and keep people in their apartments, etc.  
    I agree, the properties owners are the ones that should receive those checks (if meant to be used for rental payments).  I wonder if they could do a monthly “bill” program to the government for loss of rental payments or something.  They should not have to wait until they file taxes to get relief for tenants not paying rent if they are not allowed to evict.
  • PJPOWER
    PJPOWER Posts: 6,499
    Gern Blansten said:
    dankind said:
    I freelanced for a nearly year in 2005, and it almost destroyed me financially. I only made about $10,000 all year in NYC, of all places, and I owed nearly $8,000 at the end of the year, according to my 1099. None of which I had, because I had been paying bills, eating, etc. on the measly $10,000 I made that year.

    I went crawling right back to a corporate job after that experience. Sucks because I'd love to pick my own projects.
    I think you need to amend your return.  How could you owe $8K on $10K of income?
    Yeah, I would dispute that...unless there are some kind of “other” penalties being accounted for that we are not aware of...
  • The Juggler
    The Juggler Posts: 49,598
    static111 said:
    PJPOWER said:
    As far as evictions and utilities go, are the rental property owners going to get any extra $?  If not, they should if they are having to keep non-paying renters housed, right? 
    They could pull themselves up by the bootstraps and get real jobs.
    What does this mean?
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  • FiveBelow
    FiveBelow Posts: 1,362
    static111 said:
    PJPOWER said:
    As far as evictions and utilities go, are the rental property owners going to get any extra $?  If not, they should if they are having to keep non-paying renters housed, right? 
    They could pull themselves up by the bootstraps and get real jobs.
    Rental properties are not my main source of income, my "real" job is.
  • PJPOWER
    PJPOWER Posts: 6,499
    edited February 2021
    static111 said:
    PJPOWER said:
    As far as evictions and utilities go, are the rental property owners going to get any extra $?  If not, they should if they are having to keep non-paying renters housed, right? 
    They could pull themselves up by the bootstraps and get real jobs.
    Well that was a dumb response, but thanks for participating...
    I mean, if that were even half true, then couldn’t the same be said for anyone unemployed?
    Edit: maybe you were being sarcastic?  Hard to tell sometimes.
    Post edited by PJPOWER on
  • Hobbes
    Hobbes Pacific Northwest Posts: 6,438
    The Juggler said:
    static111 said:
    PJPOWER said:
    As far as evictions and utilities go, are the rental property owners going to get any extra $?  If not, they should if they are having to keep non-paying renters housed, right? 
    They could pull themselves up by the bootstraps and get real jobs.
    What does this mean?
    In jest, static assumed the voice of the party of personal responsibility. Given his leftist lean, I found this humorous. That was my take, of course static can be speak for static.
  • mrussel1
    mrussel1 Posts: 30,907
    Hobbes said:
    The Juggler said:
    static111 said:
    PJPOWER said:
    As far as evictions and utilities go, are the rental property owners going to get any extra $?  If not, they should if they are having to keep non-paying renters housed, right? 
    They could pull themselves up by the bootstraps and get real jobs.
    What does this mean?
    In jest, static assumed the voice of the party of personal responsibility. Given his leftist lean, I found this humorous. That was my take, of course static can be speak for static.
    Agreed.  
  • nicknyr15
    nicknyr15 Posts: 9,301
    edited February 2021
    static111 said:
    PJPOWER said:
    As far as evictions and utilities go, are the rental property owners going to get any extra $?  If not, they should if they are having to keep non-paying renters housed, right? 
    They could pull themselves up by the bootstraps and get real jobs.
    What!!
  • dankind
    dankind Posts: 20,841
    Gern Blansten said:
    dankind said:
    I freelanced for a nearly year in 2005, and it almost destroyed me financially. I only made about $10,000 all year in NYC, of all places, and I owed nearly $8,000 at the end of the year, according to my 1099. None of which I had, because I had been paying bills, eating, etc. on the measly $10,000 I made that year.

    I went crawling right back to a corporate job after that experience. Sucks because I'd love to pick my own projects.
    I think you need to amend your return.  How could you owe $8K on $10K of income?
    I had a second accountant check it. I think in the end, they knocked it down by a little, maybe $500.

    A move from Boston to NYC added all kinds of complications to that tax year as well. I owed everybody (US, N.Y., Mass.) money, yet I barely made enough to live on.

    Anyway I have PTSD, and when I see the digits 1099, I want to hide under my desk and cry.
    I SAW PEARL JAM
  • cincybearcat
    cincybearcat Posts: 16,856
    Biden making moves in regards to soldiers helping the vaccination rollout, using Defense production act for Pfizer, tests and masks.  This is terrific news, kinda surprised wasn't Day 1.  I know we can walk and chew gum...but I want this vaccine rollout to the the first 100 things on Biden's to do list every day.
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  • Merkin Baller
    Merkin Baller Posts: 12,818
    cincybearcat said:
    Biden making moves in regards to soldiers helping the vaccination rollout, using Defense production act for Pfizer, tests and masks.  This is terrific news, kinda surprised wasn't Day 1.  I know we can walk and chew gum...but I want this vaccine rollout to the the first 100 things on Biden's to do list every day.
    I was expecting it on Day 1 as well.

    Is it unfair to suggest we might have seen this sooner had there been more of a traditional transition between the two administrations? 
  • mrussel1
    mrussel1 Posts: 30,907
    Merkin Baller said:
    cincybearcat said:
    Biden making moves in regards to soldiers helping the vaccination rollout, using Defense production act for Pfizer, tests and masks.  This is terrific news, kinda surprised wasn't Day 1.  I know we can walk and chew gum...but I want this vaccine rollout to the the first 100 things on Biden's to do list every day.
    I was expecting it on Day 1 as well.

    Is it unfair to suggest we might have seen this sooner had there been more of a traditional transition between the two administrations? 
    Yes.  Plus there have been a lot of reporting on how few doses are in reserve and how millions are missing,  unable to be located by govt officials.  So I'm assuming they had to solve those problems before moving on this. 
  • Kat
    Kat Posts: 4,969
    We had to figure there would be a black market for the vaccines too. I'm sure many doses disappeared and some people somewhere are lining their pockets. My thinking anyway.

    Falling down,...not staying down
  • Merkin Baller
    Merkin Baller Posts: 12,818
    edited February 2021
    nvm
    Post edited by Merkin Baller on
  • Halifax2TheMax
    Halifax2TheMax Posts: 42,575
    Four full years of the POOTWH dismantling the functions of a government based on incompetence, whims, Steve-O, Q-Theories, government is evil and needs to be drowned in the bathtub and people actually think vaccine delivery and covid response should have rolled out better on President Biden's first day, never mind, 16th day? I don't know what's worse. Sheesh.
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  • static111
    static111 Posts: 5,128
    Hobbes said:
    The Juggler said:
    static111 said:
    PJPOWER said:
    As far as evictions and utilities go, are the rental property owners going to get any extra $?  If not, they should if they are having to keep non-paying renters housed, right? 
    They could pull themselves up by the bootstraps and get real jobs.
    What does this mean?
    In jest, static assumed the voice of the party of personal responsibility. Given his leftist lean, I found this humorous. That was my take, of course static can be speak for static.
    Bingo!
    Scio me nihil scire

    There are no kings inside the gates of eden

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