Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Aren't You Excited? Another Round of $1,200 !

BobKamman
Level 13

Here are the tax proposals in the Senate Republican bill introduced today:

https://www.finance.senate.gov/imo/media/doc/SFC%20CARES%202.0%20Legislative%20Text.pdf

And of course, we can't count on any of them being enacted.  But two things I found interesting:

1)  People alive on 1/1/20 would be entitled to both rounds of EIP's.  (New Section 6428A and amended Section 6428.)  Decedents from 2018 and 2019 are not entitled.  Too bad for all those taxpayers who sent back the money paid to their recently (this year) departed.

2)  Joint returns with an NRA spouse still get $1,200, just not $2,400.

3 Replies 3
IRonMaN
Level 15

Sorry, but this popped into my head the second I saw your post.

https://www.youtube.com/watch?v=8iwBM_YB1sE

Armpit sniffer. Yup, checked out the help wanted ads and found the job. With my nose, how can I go wrong?
abctax55
Level 15

I'm more excited about the next round of phone calls/emails asking:

1) Why didn't I get "MINE"?

2) Why didn't I get the full $ 1200/2400?

3) Oh, wait... is it too late to change the bank account the deposit will go into?

 

Former Chump..umm... AllStar...This message was typed from 6 feet away so you can safely read it immediately.

If a post answers your question, click on *Accept as solution* for future searches
chasetax
Level 7

How about we filed joint but now we are divorced-will he/she get my money??