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Mar 25, 2020
10:46
:51
am
Kelbob
All-American
Well they do now
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Kelbob
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RegisPhilbin
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Kelbob
Joined
Aug 18, 2004
Last login
May 16, 2024
Total posts
12,976 (229 FO)
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Messages
Author
Time
POLL: Is your current household income above $150K?
mwcoug
3/25/20 10:40am
As far as the IRS knows, no
Nikomedes
3/25/20 10:40am
RE: As far as the IRS knows, no
garyfan
3/25/20 10:41am
Well they do now
Kelbob
3/25/20 10:46am
The NSA has intercepted this message and federal agents are en route.
Pro Logic
3/25/20 10:47am
RE: As far as the IRS knows, no
ReyOso
3/25/20 10:48am
It’s not income right? It’s agi? Which probably means closer to 200k in income
cougarfann888
3/25/20 10:41am
Idk, my AGI is pretty close to my overall gross.
JuicyJam
3/25/20 10:56am
Your AGI can be significantly lower, ex. if you max out 401k and HSA thats $25k
BYUFootballisBack
3/25/20 10:59am
Well if that's true, I'm an idiot. My 401k and HSA contributions haven't been
JuicyJam
3/25/20 11:19am
Student loan interest, hsa, retirement contributions. If you are making over 150
cougarfann888
3/25/20 11:29am
Well now I'm confused as to why the tax software isn't catching this.
JuicyJam
3/25/20 11:43am
Which software are you using? Also are if they are being pulled out by your
BYUFootballisBack
3/25/20 1:30pm
Why is CB so obsessed with this issue?
Corn Pop
3/25/20 10:42am
Probably because it's a huge topic in the news today
mwcoug
3/25/20 11:13am
Current, or 2018 (2019 if filed)?
BYUCLA
3/25/20 10:43am
is that the official cutoff for stimulus money?
buckeyecougarguy
3/25/20 10:49am
It looks like, rather than a cutoff, there's a reduction beyond the $150k
Breaded Hamster
3/25/20 11:03am
Yep $5 reduction for every $100 you make over $150k up to $198, but looks like
BYUFootballisBack
3/25/20 11:10am
Median Household Income in Utah = $62.5K
CosmoK
3/25/20 10:51am
Pretty clear the Utes are dragging the average down.
chago04
3/25/20 10:53am
That includes a lot of students I would assume
MikeDitka'sStache
3/25/20 10:53am
It includes every household. So, yeah.
CosmoK
3/25/20 10:59am
I had a one time thing in 2019 that puts me into phase out territory.
Ojiisan
3/25/20 10:52am
Same here.
jrob30
3/25/20 10:55am
Same here. One timer in 2018 and haven't filed yet in 2019
irmocoug
3/25/20 11:05am
Wow, a lot more over 150K than I would have thought. One day, my friends...one day...
BlueBlood94
3/25/20 11:03am
Lots of people live in expensive places like SF, Seattle, and NY
Breaded Hamster
3/25/20 11:06am
If they are buying real estate, they are building wealth, though.
CosmoK
3/25/20 11:10am
Per month?
ClackamasCoug
3/25/20 11:28am
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