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In reply to the discussion: I'm a bit confused. My wife and I made slightly less than $150,000 last year. [View all]haele
(12,650 posts)And the last couple year's worth of tax "stimulus" for the wealthy totally screwed those households making between $75K and $200K, so they might be waiting on this latest check just to pay this year's tax suprises - like my neighbor whose kid just aged out of the childtax credits - his estimates got screwed due to the last round of GOP and T**** playing with tax withholdings in the name of stimulus. Hell, I got hit hard too, but only by $1500; his income went down by $12K, but after going through his 1040, he owes the Feds $7K more than he had originally estimated at the beginning of last year, including losing his child credits.
His household doesn't bring in six figures, and a Biden check would certainly help paying his T**** taxes this year.
Haele