LOCKED: Coronavirus

Spock Senior Member
5,271 posts 9 reps Joined Jul 2013
Thu, Mar 26, 2020 4:28 PM
posted by gerb131

20 year old me. sack of herbs. new js. some 12s for the car and a whole lotta fun. 

40 year old me. half toward 2 credit cards which just about zeroes them out. replace food rest in bank 

20 year old me:  make house payment, pay for gas and groceries, pay for college

40 year old me:  blow it on a kayak, new golf clubs and trip to Chicago

wildcats20 In ROY I Trust!!
29,653 posts 76 reps Joined Nov 2009
Thu, Mar 26, 2020 4:30 PM

I won’t be buying anything, considering my employment situation. Now, if we go back to work full time, that could change. 

8,788 posts 20 reps Joined Nov 2009
Thu, Mar 26, 2020 4:38 PM
posted by Spock

not taxable on the front end.....but back end, I bet they 1099 your ass as income next year.

Hey, that national debt isn't going to pay for itself....

O-Trap Chief Shenanigans Officer
18,909 posts 140 reps Joined Nov 2009
Thu, Mar 26, 2020 4:42 PM

If my employer gets things going again, I'll be using a chunk of it to upgrade my work machine.  I've been selling off old laptops and phones.  Since I've always kept mine in good shape, they've tended to retain their value to some degree.  In any case, though, with a few extra hundred, I could future-proof myself for a bit and hold Moore's Law off.

Got my eyes on a lightly used Razer Blade at the moment.

wildcats20 In ROY I Trust!!
29,653 posts 76 reps Joined Nov 2009
Thu, Mar 26, 2020 4:44 PM
posted by Spock

not taxable on the front end.....but back end, I bet they 1099 your ass as income next year.

Yeah, it’ll definitely come back to “bite” us. 

Devils Advocate Brudda o da bomber
4,899 posts 99 reps Joined Nov 2009
Thu, Mar 26, 2020 4:55 PM

iclfan2 Reppin' the 330/216/843
9,465 posts 98 reps Joined Nov 2009
Thu, Mar 26, 2020 5:24 PM
posted by justincredible

Saw this in tweet form this morning:

What do you plan to buy with your relief check, and in what caliber?

Has anyone named sleeper responded with “relief checks are for the poor”

jmog Senior Member
7,737 posts 50 reps Joined Nov 2009
Thu, Mar 26, 2020 5:28 PM
posted by Rotinaj

I believe they go by 18s return if you haven’t filed for 19 yet. 150k joint I think for income. 

Great news, I haven't filed 2019 yet. I was just under $150,000 in 2018 (wife makes minimal part time), and I will be well over it for 2019 since I started the 2nd/weekend job.

 

It will be going right into the savings account and as soon as the coronavirus scare is over it will be paying for a trip to an all inclusive resort in the Carribbean for the whole family.

Dr Winston O'Boogie Senior Member
3,345 posts 35 reps Joined Oct 2010
Thu, Mar 26, 2020 5:29 PM

Alabama, where I live, has closed K-12 schools for the remainder of the year.  Not a total surprise, but sad nonetheless.  My daughter is not happy and I understand why.  

Ironman92 Administrator
56,729 posts 164 reps Joined Nov 2009
Thu, Mar 26, 2020 5:58 PM
posted by Dr Winston O'Boogie

Alabama, where I live, has closed K-12 schools for the remainder of the year.  Not a total surprise, but sad nonetheless.  My daughter is not happy and I understand why.  

Here in the Jackson the elementary teachers at 1 school did a parade route of sorts going by many of their kids homes. It was very well accepted.

Such a strange time

Dr Winston O'Boogie Senior Member
3,345 posts 35 reps Joined Oct 2010
Thu, Mar 26, 2020 6:10 PM
posted by Ironman92

Here in the Jackson the elementary teachers at 1 school did a parade route of sorts going by many of their kids homes. It was very well accepted.

Such a strange time

Very cool.  That kind of thing means so much to the kids.  Those sound like great teachers.  

33,369 posts 132 reps Joined Nov 2009
Thu, Mar 26, 2020 7:31 PM
posted by Laley23

Well that sucks. Won’t get the extra $500 for our son who is 11mo, because he wasn’t born when we filed ‘18, and ‘19 hasn’t been filed yet.

Of course, if they took 2019, we wouldn’t qualify for under $150k...so I guess maybe I won’t raise a big stink lol.

friendfromlowry Senior Member
7,778 posts 86 reps Joined Nov 2009
Thu, Mar 26, 2020 7:51 PM

I’m just very reluctant to believe this 6-8K new cases a day number Dr. Acton threw out. 

majorspark Senior Member
5,459 posts 38 reps Joined Nov 2009
Thu, Mar 26, 2020 8:45 PM
posted by friendfromlowry

I’m just very reluctant to believe this 6-8K new cases a day number Dr. Acton threw out. 

Don't get my wife started on Dr. Acton.

majorspark Senior Member
5,459 posts 38 reps Joined Nov 2009
Thu, Mar 26, 2020 8:53 PM

I read where you can take a coronavirus hardship distribution from your 401k.  

https://www.cnbc.com/2020/03/25/what-the-senate-coronavirus-relief-bill-means-for-your-retirement.html

Tucked into the measure are a series of changes that would relax rules on retirement savings, including a line item that would allow you to take a hardship distribution of up to $100,000 from your 401(k) plan without the 10% early withdrawal penalty if you’re under age 59½.

 

ernest_t_bass 12th Son of the Lama
26,698 posts 204 reps Joined Nov 2009
Thu, Mar 26, 2020 9:43 PM
posted by Spock

40 year old me:  blow it on a kayak, new golf clubs and trip to Chicago

What's the wife get?  She should get it all for having to be married to you, and all.

Spock Senior Member
5,271 posts 9 reps Joined Jul 2013
Thu, Mar 26, 2020 9:44 PM
posted by majorspark

I read where you can take a coronavirus hardship distribution from your 401k.  

https://www.cnbc.com/2020/03/25/what-the-senate-coronavirus-relief-bill-means-for-your-retirement.html

 

Damn.....

Ironman92 Administrator
56,729 posts 164 reps Joined Nov 2009
Thu, Mar 26, 2020 9:55 PM
posted by Dr Winston O'Boogie

Very cool.  That kind of thing means so much to the kids.  Those sound like great teachers.  

Elementary teachers for the most part love kids and truly miss them

Ironman92 Administrator
56,729 posts 164 reps Joined Nov 2009
gut Senior Member
18,369 posts 115 reps Joined Nov 2009
Thu, Mar 26, 2020 10:15 PM
posted by friendfromlowry

I’m just very reluctant to believe this 6-8K new cases a day number Dr. Acton threw out. 

I'm sure she's just tired and misspeaking again....just like there were supposed to be 100k cases by the end of last week.

I think the official tally from John Hopkins has Ohio with 868 confirmed cases.

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