Thankfully the impact this has on the deficit won't be felt until well after the election.Also by the way from my understanding it’s currently based on your 2018 or 2019 income but will eventually be based on your 2020 income but biased in your favor.
For example if you made too much in 2019 to be eligible but then lost your income in 2020 you probably won’t get anything now but will get paid next year when you do your taxes. On the other hand if you make more this year than last year and wouldn’t be eligible they won’t demand it back.
The impact this will have on the debt and deficit will primarily be republicans shrieking about a debt crisis as soon as there’s a democratic president.Thankfully the impact this has on the deficit won't be felt until well after the election.
Bingo!The impact this will have on the debt and deficit will primarily be republicans shrieking about a debt crisis as soon as there’s a democratic president.
The impact this will have on the debt and deficit will primarily be republicans shrieking about a debt crisis as soon as there’s a democratic president.
Oh, you guts caught that didja?Bingo!
No different than employers sending out W-2's, banks and investment firms sending 1099's.^^
No. It would be a cluster fuck if the IRS had to get 1099's out when dealing with people who died, moved, etc...