So what will you spend your stimulus check on??

[RoseLuck462]

I'm thinking a 5700x for my office PC and save the rest...

[PhantomJaguarr]

A very good drawing tablet. Getting into digital art. 

[Mixkoable]

Nothing as im not american

[PlayStation 2]

Potentially some tires on my car. That or sell the patty wagon entirely for another car.

[atxcyclist]

It depends on how many hours I can work from home while the shelter in place order is going. It could go to bills but I have enough padding that it shouldn't need to. If I can spare it, might get an RTX 2070 Super to slot into my newer 2700x build if the prices are not stupid high on them from all this.

[Deli]

3 hours ago, PhantomJaguar77 said:

A very good drawing tablet. Getting into digital art. 

Which one?

[PhantomJaguarr]

Just now, Deli said:

Which one?

I have no idea. Gotta do research.

[LAwLz]

If I were getting a check (I'm not since I am not living in the US) I'd probably buy shares in an investment fund.

The stock market is really low right now, and I am sure it will recover in a few years. So if you don't need the money right this instance, you can probably get like a 50% return on investment if you're willing to wait a few years.

Just make sure you aren't investing money you can't afford to lose, and know that you probably won't make any money unless you wait a couple of years.

[Deli]

11 minutes ago, PhantomJaguar77 said:

I have no idea. Gotta do research.

I'm considering Wacom Intuos Pro.

[PhantomJaguarr]

3 minutes ago, Deli said:

I'm considering Wacom Intuos Pro.

That one also caught my eye in someone’s top list I was looking at.

 

https://www.thearchitectsguide.com/blog/best-drawing-tablets

[Totallycasual]

I'm going to deliberately spend it in a locally owned and operated business, at this point in time i feel like giving any money to Amazon is just making it vanish into a tax free void somewhere lol 

[The1Dickens]

If you can understand Government-ese, here is the bill:
https://apps.npr.org/documents/document.html?id=6819239-FINAL-FINAL-CARES-ACT

 

I am still going to look through it, but I had seen it summarized elsewhere that it's not a "stimulus check" in the way of the government just giving you a chunk of change, but an advance on a tax credit you are typically expected to get already, and must pay it back during the next tax season. So, y'know... be wary.

 

 

[RonnieOP]

44 minutes ago, The1Dickens said:

If you can understand Government-ese, here is the bill:
https://apps.npr.org/documents/document.html?id=6819239-FINAL-FINAL-CARES-ACT

 

I am still going to look through it, but I had seen it summarized elsewhere that it's not a "stimulus check" in the way of the government just giving you a chunk of change, but an advance on a tax credit you are typically expected to get already, and must pay it back during the next tax season. So, y'know... be wary.

 

 

Idk how old that document is but last i read the final bill said you the check would not be counted towards your taxes.

 

EDIT: Yea it wont be claimed on taxes. Although even if it were $1200 isnt a lot of money to make much much of a difference.

https://www.businessinsider.com/personal-finance/are-coronavirus-stimulus-checks-taxed

[The1Dickens]

4 minutes ago, RonnieOP said:

Idk how old that document is but last i read the final bill said you the check would not be counted towards your taxes.

It looks like the final version, but here is the one signed by the president:

H.R.748 -- CARES Act

Here is where it starts, I believe, for individuals

Spoiler

Quote

EC. 6428. 2020 Recovery Rebates for individuals.

 

“(a) In general.—In the case of an eligible individual, there shall be allowed as a credit against the tax imposed by subtitle A for the first taxable year beginning in 2020 an amount equal to the sum of—

“(1) $1,200 ($2,400 in the case of eligible individuals filing a joint return), plus

“(2) an amount equal to the product of $500 multiplied by the number of qualifying children (within the meaning of section 24(c)) of the taxpayer.

“(b) Treatment of credit.—The credit allowed by subsection (a) shall be treated as allowed by subpart C of part IV of subchapter A of chapter 1.

“(c) Limitation based on adjusted gross income.—The amount of the credit allowed by subsection (a) (determined without regard to this subsection and subsection (e)) shall be reduced (but not below zero) by 5 percent of so much of the taxpayer’s adjusted gross income as exceeds—

“(1) $150,000 in the case of a joint return,

“(2) $112,500 in the case of a head of household, and

“(3) $75,000 in the case of a taxpayer not described in paragraph (1) or (2).

“(d) Eligible individual.—For purposes of this section, the term ‘eligible individual’ means any individual other than—

“(1) any nonresident alien individual,

“(2) any individual with respect to whom a deduction under section 151 is allowable to another taxpayer for a taxable year beginning in the calendar year in which the individual’s taxable year begins, and

“(3) an estate or trust.

“(e) Coordination with advance refunds of credit.—

(1) IN GENERAL.—The amount of credit which would (but for this paragraph) be allowable under this section shall be reduced (but not below zero) by the aggregate refunds and credits made or allowed to the taxpayer under subsection (f). Any failure to so reduce the credit shall be treated as arising out of a mathematical or clerical error and assessed according to section 6213(b)(1).

“(2) JOINT RETURNS.—In the case of a refund or credit made or allowed under subsection (f) with respect to a joint return, half of such refund or credit shall be treated as having been made or allowed to each individual filing such return.

“(f) Advance refunds and credits.—

“(1) IN GENERAL.—Subject to paragraph (5), each individual who was an eligible individual for such individual’s first taxable year beginning in 2019 shall be treated as having made a payment against the tax imposed by chapter 1 for such taxable year in an amount equal to the advance refund amount for such taxable year.

“(2) ADVANCE REFUND AMOUNT.—For purposes of paragraph (1), the advance refund amount is the amount that would have been allowed as a credit under this section for such taxable year if this section (other than subsection (e) and this subsection) had applied to such taxable year.

“(3) TIMING AND MANNER OF PAYMENTS.—

“(A) TIMING.—The Secretary shall, subject to the provisions of this title, refund or credit any overpayment attributable to this section as rapidly as possible. No refund or credit shall be made or allowed under this subsection after December 31, 2020.

“(B) DELIVERY OF PAYMENTS.—Notwithstanding any other provision of law, the Secretary may certify and disburse refunds payable under this subsection electronically to any account to which the payee authorized, on or after January 1, 2018, the delivery of a refund of taxes under this title or of a Federal payment (as defined in section 3332 of title 31, United States Code).

“(C) WAIVER OF CERTAIN RULES.—Notwithstanding section 3325 of title 31, United States Code, or any other provision of law, with respect to any payment of a refund under this subsection, a disbursing official in the executive branch of the United States Government may modify payment information received from an officer or employee described in section 3325(a)(1)(B) of such title for the purpose of facilitating the accurate and efficient delivery of such payment. Except in cases of fraud or reckless neglect, no liability under sections 3325, 3527, 3528, or 3529 of title 31, United States Code, shall be imposed with respect to payments made under this subparagraph.

“(4) NO INTEREST.—No interest shall be allowed on any overpayment attributable to this section.

“(5) ALTERNATE TAXABLE YEAR.—In the case of an individual who, at the time of any determination made pursuant to paragraph (3), has not filed a tax return for the year described in paragraph (1), the Secretary may—

“(A) apply such paragraph by substituting ‘2018’ for ‘2019’, and

“(B) if the individual has not filed a tax return for such individual’s first taxable year beginning in 2018, use information with respect to such individual for calendar year 2019 provided in—

“(i) Form SSA–1099, Social Security Benefit Statement, or

“(ii) Form RRB–1099, Social Security Equivalent Benefit Statement.

“(6) NOTICE TO TAXPAYER.—Not later than 15 days after the date on which the Secretary distributed any payment to an eligible taxpayer pursuant to this subsection, notice shall be sent by mail to such taxpayer's last known address. Such notice shall indicate the method by which such payment was made, the amount of such payment, and a phone number for the appropriate point of contact at the Internal Revenue Service to report any failure to receive such payment.

 

There is a whole bunch of stuff in the document, but it looks like the rest of it is outlining specific stuff for businesses, and specific fields and stuff.

[Brandonsr]

Expensive hospital bills

[ARikozuM]

Investments in the stock market. Already sold a few before this disaster happened and repurchasing those sold at the lower prices as they come down. Already invested quite a bit in medical database systems and research as it looks like they'll be much needed in the next few years if my preferred candidate wins the race. 

[DildorTheDecent]

>tfw no Trump Bux

[Way2Broke]

Pay bill, save, or invest.

[TroubleElectrical]

A Gigabyte GeForce RTX 2070 Super Aorus 8GB (A$1049)

and a AMD Ryzen 7 3700X with Wraith Prism (A$579)

 

(All Australian prices so i'm assuming US$1500 will be able to pay for this)

[GreatnessRD]

Paying a few bills in advance. Then maybe buy me my corsair fans as a treat.

[DrMacintosh]

Probably won't be getting one since I've ever had a job and have never had any taxable income. 

[imreloadin]

I'm going to use it to stimulate my savings account, fuck the economy.

[Pickles von Brine]

Bank it. 

[Radium_Angel]

On 3/27/2020 at 1:38 PM, valdyrgramr said:

Blackjack and hookers.

It's hookers and blow, get it right Bender