H1B s get ready for money. >75k single and >150k family forget it

[DallasDoodu]

Everyone will get it. It wont count towards Public Charge Rule because it is being distributed by the Government and you are not making any claim. If both Husband and Wife are working in IT, the chance of you getting any money is very low. So Chill and Vaste teesukondi.

[devarakonda]

 

For single earners:

• If you make $75,000 a year or less, your check will be $1,200
• If you make $80,000 a year, your check will be about $950
• If you make $85,000 a year, your check will be about $700
• If you make $90,000 a year, your check will be about $450
• If you make $95,000 a year, your check will be about $200

For the heads of households

• If you make $112,500 a year or less, your check will be $1,200
• If you make $117,500 a year your check will be $950
• If you make $122,500 a year your check will be $700
• If you make $127,500 a year your check will be $450
• If you make $132,500 a year your check will be $200

For married couples who file taxes jointly:

• If your household makes $150,000 a year or less, your check will be $2,400
• If your household makes $160,000 a year, your check will be about $1,900
• If your household makes $170,000 a year, your check will be about $1,400
• If your household makes $180,000 a year, your check will be about $900
• If your household makes $190,000 a year, your check will be about $400

[Catabolite]

18 minutes ago, Polise said:

I know but read the bill, I did not wrote the bill bro just saying what’s written 

F1 after 5 years are resident aliens for tax purposes

[Polise]

8 minutes ago, Catabolite said:

F1 after 5 years are resident aliens for tax purposes

There is big hole in that logic, see example below 

Example 1

W was a citizen and resident of a foreign country immediately prior to his entry into the United States. He is temporarily present in the United States as a graduate student at a university on an F-1 visa (student visa). He had never been in the United States before his arrival on 08-15-2015. Assuming W substantially complies with the requirements of his visa, does not change his immigration status, and remains in the United States throughout 2020, determine his residency starting date.

Solution:

Date of entry into United States: 08-15-2015
Student F-1 visa
Exempt individual for 5 calendar years (2015 through 2019)
To determine whether W meets the substantial presence test (183 days), begin counting days on 01-01-2020.
Number of nonexempt days in United States during 2020: 366 days

Count days as follows:

Current year (2020) days in United States (366) × 1 = 366 days
Prior year (2019) days in United States (0) × 1/3 = 0 days
Year before that (2018) days in United States (0) × 1/6 = 0 days
Total = 366 days

W meets the substantial presence test on 07-01-2020 (the 183rd day of 2020). W's residency starting date under IRC § 7701(b) is 01-01-2020 (the first day he was present in United States during the calendar year in which he met the substantial presence test

[Sucker]

29 minutes ago, phoeniix said:

ayna em sarpotay 1200...salary ayte 8000 deposit padtadi...entaina corona sucks...

Vaunty neeku ippudu asale job ledu malla sucks pucks anukunta nee veshalu nduku. Ntha vasthe antha theesko.

[ring_master]

31 minutes ago, phoeniix said:

ayna em sarpotay 1200...salary ayte 8000 deposit padtadi...entaina corona sucks...

[Sucker]

27 minutes ago, DallasDoodu said:

Everyone will get it. It wont count towards Public Charge Rule because it is being distributed by the Government and you are not making any claim. If both Husband and Wife are working in IT, the chance of you getting any money is very low. So Chill and Vaste teesukondi.

Manollaki almost andariki min 70K vuntadi single ga ne. 

[Catabolite]

7 minutes ago, Polise said:

There is big hole in that logic, see example below 

Example 1

W was a citizen and resident of a foreign country immediately prior to his entry into the United States. He is temporarily present in the United States as a graduate student at a university on an F-1 visa (student visa). He had never been in the United States before his arrival on 08-15-2015. Assuming W substantially complies with the requirements of his visa, does not change his immigration status, and remains in the United States throughout 2020, determine his residency starting date.

Solution:

Date of entry into United States: 08-15-2015
Student F-1 visa
Exempt individual for 5 calendar years (2015 through 2019)
To determine whether W meets the substantial presence test (183 days), begin counting days on 01-01-2020.
Number of nonexempt days in United States during 2020: 366 days

Count days as follows:

Current year (2020) days in United States (366) × 1 = 366 days
Prior year (2019) days in United States (0) × 1/3 = 0 days
Year before that (2018) days in United States (0) × 1/6 = 0 days
Total = 366 days

W meets the substantial presence test on 07-01-2020 (the 183rd day of 2020). W's residency starting date under IRC § 7701(b) is 01-01-2020 (the first day he was present in United States during the calendar year in which he met the substantial presence test

Ofcourse substantial presence test they do when paying taxes even for non-resident alien also. I paid non-resident alien taxes for five years on F1. Also you can renew your F1 Visa after five years (getting stamping also). Later I paid resident taxes on F1. 

[Sarvapindi]

Eppudosthay paisal

[Trending08]

4 minutes ago, Polise said:

There is big hole in that logic, see example below 

Example 1

W was a citizen and resident of a foreign country immediately prior to his entry into the United States. He is temporarily present in the United States as a graduate student at a university on an F-1 visa (student visa). He had never been in the United States before his arrival on 08-15-2015. Assuming W substantially complies with the requirements of his visa, does not change his immigration status, and remains in the United States throughout 2020, determine his residency starting date.

Solution:

Date of entry into United States: 08-15-2015
Student F-1 visa
Exempt individual for 5 calendar years (2015 through 2019)
To determine whether W meets the substantial presence test (183 days), begin counting days on 01-01-2020.
Number of nonexempt days in United States during 2020: 366 days

Count days as follows:

Current year (2020) days in United States (366) × 1 = 366 days
Prior year (2019) days in United States (0) × 1/3 = 0 days
Year before that (2018) days in United States (0) × 1/6 = 0 days
Total = 366 days

W meets the substantial presence test on 07-01-2020 (the 183rd day of 2020). W's residency starting date under IRC § 7701(b) is 01-01-2020 (the first day he was present in United States during the calendar year in which he met the substantial presence test

PUBLIC CHARGE gurinchi telusukoni savandi.. before applying

[Polise]

1 minute ago, Trending08 said:

PUBLIC CHARGE gurinchi telusukoni savandi.. before applying

For apply for all situations , you first learn 

[kevinUsa]

will apply than 

[Trending08]

Just now, Polise said:

For apply for all situations , you first learn 

does it states anywhere.. saying this benefit will not come under public charge???

 

[devarakonda]

3 minutes ago, Trending08 said:

PUBLIC CHARGE gurinchi telusukoni savandi.. before applying

The payment is put in terms of a tax credit for the 2020 tax year. A tax credit directly offsets taxes owed. It is not supplemental income. It is just like the Child Tax Credit, Lifetime Learning Credit, Retirement Savings Contribution Credit, etc. None of these tax credits are considered to be public benefits under the Public Charge rule.

[Catabolite]

38 minutes ago, phoeniix said:

ayna em sarpotay 1200...salary ayte 8000 deposit padtadi...entaina corona sucks...

Money is still money no