better to keep working you'd probably go crazy like me with nothing to do. tho if stuff gets worse i would ask to be laid off. we need therapists still especially now and you'd be contributing alot to everyone's mental health. Also dont forget about the payroll tax cut so most likely you'd be getting paid a larger amount.Got myself a situation, any advice would be really helpful ERA:
Company has started to furlough a bunch of workers without a choice. Tomorrow, however, I expect to be given a choice since I have a friend higher up who let me know some of us will be getting this choice. Here are my choices:
1) Stay and work, but I'd go from salary to hourly. I would be paid $30/hr, so after two weeks (biweekly paid, 40hrs x2) that'd be $2400 BEFORE taxes. My normal salary is 2850 before taxes, so its a $400 pay cut. After taxes and withholdings (in Cali), I'd expect my take home to be around $1700. My workload is expected to become significantly more stressful to cover for the people that were furloughed, and I'd be unsure how the work etc would be played out since we'd have to do telehealth and my line of work (behavior therapy) does not make that an easy transition.
2) Choose to be furloughed, up to May 1st. Apply for unemployment, expect to get the cali 450 + hopefully the 600 fed help. So after 2 weeks, that'd be 2100, not far off from the hourly pay cut they're gonna offer. The cons are I'm not sure how quickly that 600 will be doled out (will it be retroactive to when my furlough started?). The May 1st return date may be extended if the stay at home lasts longer, but unemployment goes for 4 months right? Also, how much is withheld for unemployment, what would be my take-home roughly? Also, what happens to my health insurance? Currently 130 gets withheld for health + dental + vision insurance. COBRA might be pricy? Pro's is a maybe some relaxation from the stressful past 2 weeks of trying to set everything up for it to come crashing down today for everyone in the company. I'm lucky to still live at home so rent etc is not a concern.
Really struggling to choose one. Any advice would be really helpful, might repost if I don't get a response lol.
Payroll tax cut is on the employer, and they eventually have to pay it.Also dont forget about the payroll tax cut so most likely you'd be getting paid a larger amount.
If you filed 2018 or 2019, you don't need to do anythingWhen they say, "If you've filed"...is this determined automatically? Will we have to refile or send proof of something to receive the relief money?
Anyone?So I am a freelance who has basically seen all my projects for the year fall through because no one knows how they will be doing financially in the next year, does this mean I can file for unemployment?
yep, self-employed is coveredSo I am a freelance who has basically seen all my projects for the year fall through because no one knows how they will be doing financially in the next year, does this mean I can file for unemployment?
Yes, you can! I filed last Friday 'cause I saw all this coming.
You should file for unemployment no matter what
I wouldn't expect the expanded UI payments to be deployed quickly. One of the republican talking points against it was that the UI system wasn't designed to scale up so quickly and expanding it would take time. California might be eager to do it, but they're still likely working with a reduced department cause of the pandemic at a period where they're receiving more claims than any other that's about to go even higher with the claims of all the newly eligible people....Got myself a situation, any advice would be really helpful ERA:
Company has started to furlough a bunch of workers without a choice. Tomorrow, however, I expect to be given a choice since I have a friend higher up who let me know some of us will be getting this choice. Here are my choices:
1) Stay and work, but I'd go from salary to hourly. I would be paid $30/hr, so after two weeks (biweekly paid, 40hrs x2) that'd be $2400 BEFORE taxes. My normal salary is 2850 before taxes, so its a $400 pay cut. After taxes and withholdings (in Cali), I'd expect my take home to be around $1700. My workload is expected to become significantly more stressful to cover for the people that were furloughed, and I'd be unsure how the work etc would be played out since we'd have to do telehealth and my line of work (behavior therapy) does not make that an easy transition.
2) Choose to be furloughed, up to May 1st. Apply for unemployment, expect to get the cali 450 + hopefully the 600 fed help. So after 2 weeks, that'd be 2100, not far off from the hourly pay cut they're gonna offer. The cons are I'm not sure how quickly that 600 will be doled out (will it be retroactive to when my furlough started?). The May 1st return date may be extended if the stay at home lasts longer, but unemployment goes for 4 months right? Also, how much is withheld for unemployment, what would be my take-home roughly? Also, what happens to my health insurance? Currently 130 gets withheld for health + dental + vision insurance. COBRA might be pricy? Pro's is a maybe some relaxation from the stressful past 2 weeks of trying to set everything up for it to come crashing down today for everyone in the company. I'm lucky to still live at home so rent etc is not a concern.
Really struggling to choose one. Any advice would be really helpful, might repost if I don't get a response lol.
Thank you!Yes, you can! I filed last Friday 'cause I saw all this coming.
It's absolutely going straight into my savings. Unemployment benefits as well. Gonna try stretching this out until I'm sure things will clear up.
It should be retroactive. There was a January date in the bill somewhere.
Taxes can either be taken out now or at the end of the year. It will be taxed as normal income.
better to keep working you'd probably go crazy like me with nothing to do. tho if stuff gets worse i would ask to be laid off. we need therapists still especially now and youd be contributing alot ot everyone's mental health. Also dont forget about the payroll tax cut so most likely you'd be getting paid a larger amount.
Won't go to your parents unless you were under 17. File if you're ready--they haven't specified alternatives yet.Never filed taxes before as I just got a job last year. If I file for 2019 tomorrow will I still get the money or would that go to my parents who claimed me as a dependent in 2018?
As an unemployed university student I'm assuming I won't benefit from this at all
It's different per state. I didn't have to put down how much I made here in Jersey, as an old job was just listed there. Seemed easier going that route. Clicked that and now I'm pending approval. I assume I'll get rolled over into the federal package as well if I'm approved. If I'm not approved, I'm refiling with my last few months of freelance work. In that case, I would just be sending them bank statements.Thank you!
So how does it work? I know you have to list your income, but do you have to break it down by clients or just your own business?
Check it out state by state. Some are lenient, others are more strict. Just follow the letter of the law and jump in the loopholes as you see fit.Thank you!
So how does it work? I know you have to list your income, but do you have to break it down by clients or just your own business? And if I get a small $ job, does that fuck it up? I am talking a job for a grand or two here and there.
It's different per state. I didn't have to put down how much I made here in Jersey, as an old job was just listed there. Seemed easier going that route. Clicked that and now I'm pending approval. I assume I'll get rolled over into the federal package as well if I'm approved. If I'm not approved, I'm refiling with my last few months of freelance work. In that case, I would just be sending them bank statements.
Aces, thank you both.Check it out state by state. Some are lenient, others are more strict. Just follow the letter of the law and jump in the loopholes as you see fit.
I'm still technically employed but on a zero hour schedule this entire month and will be at least through may now that the store I work at is closed. Stinks I don't qualify for unemployment as I'm not laid off or technically furloughed but still completely out of work =/
Nah, small time county bank. Supporting local business and all that jazz. Technology-wise they're usually on top of things, but I don't think remote-deposit is among their features yet...
Is the $1200 check just one single payment or is the government giving you $1200 per month?
This is actually really dope. I need this relief right now. Thanks.On March 25, 2020, ED announced that my wages would not be garnished, but money is still being taken from my paycheck. What should I do?
If your wages continue to be garnished after the president's March 13, 2020, announcement, you should contact your employer's human resources department. If ED receives funds from your paycheck that should have been stopped as a result of the March 13 announcement, we will refund your garnished wages.
Federal Student Aid
studentaid.gov
SingleIs the $1200 check just one single payment or is the government giving you $1200 per month?
Yeah, not knowing whether or not this aid will last throughout the duration of the quarantine makes me somewhat glad I have stable work. Hopefully the government extends it if need be.same for me, id make more right now on unemployment with these provisions, but this is a temporary thing and will help out a lot of people
an unemployment buff like this may not even last as long as the lockdowns last, depending on how the government handles things 4 months down the road
Never thought I'd find a way to feel slighted at getting $1200 for free lol. Anyways, it's surprising that a deal that's actually beneficial managed to get passed. Great that the folks who need help are getting it.Yeah. Hurts a little knowing that I'd make waaaaay more if I was unemployed than I will be working my retail job. But of course, I'm still happy this is happening. Better that some people get a bunch extra than nobody.
2019 if you've filed them. We don't know what the alternative is.How do i get money if I'm not eligible for unemployment and didn't work or file my taxes in 2018?
You likely won't.How do i get money if I'm not eligible for unemployment and didn't work or file my taxes in 2018?
Wrong! If you weren't claimed as a dependent you can claim the $1200 (you might need to file taxes with $0 income if you didn't bother filing them).As an unemployed university student I'm assuming I won't benefit from this at all
The bill includes funding for states that offer underemployment insurance and states that are willing to add it. Check your state unemployment rules to see if they offer it, if they don't then keep an eye on what your state will be doing after the bill is passed cause your state might begin offering it.I'm still technically employed but on a zero hour schedule this entire month and will be at least through may now that the store I work at is closed. Stinks I don't qualify for unemployment as I'm not laid off or technically furloughed but still completely out of work =/
I made more money in 2019 than 2018, should I wait to file for unemployment until after I file for 2019? (Freelancer)2019 if you've filed them. We don't know what the alternative is.
I already know but it cant hurt to ask
You can file this year for 2019 and you're golden!How do i get money if I'm not eligible for unemployment and didn't work or file my taxes in 2018?
They're using 2019 tax returns first and then 2018 if you didn't file for 2019 yet. Fill out a tax return even if you had no income.How do i get money if I'm not eligible for unemployment and didn't work or file my taxes in 2018?
I made more money in 2019 than 2018, should I wait to file for unemployment until after I file for 2019? (Freelancer)
I totally get that, I was just wondering if filing taxes had anything to do with the amount for unemployment.Unemployment and the $1200 is unrelated. The tax deadline this year was moved to July so you can hold off on filing your 2019 taxes. I would do the unemployment ASAP to get in line.
anyone?Do we know what UI requirements got dropped? Hopefully minimum income did
Should be fine if you used direct deposit to get your refund.How do I make sure this check comes to me, and not to the address I filed my 2018 taxes in?