So, NY is going to pay $800 in inflation stimulus if you make less than $150k? I don't live in NY, but I'd bet it ain't worth it.
'Proposal Would Deliver $3 Billion by Taking Excess Sales Tax Revenue Driven by Inflation and Giving That Money Back to Everyday New Yorkers $500 Payment For Families Making Less Than $300,000; $300 Payment for Individual New York Taxpayers Making Less Than $150,000'
So, if i make $65k, that's less than $300k, right?
That's +$500.
And $65k is less than $150k as well.
Add another $300.
$800 total for less than $150k.
How is that math incorrect?
>…$500 Payment For Families Making Less Than $300,000; $300 Payment for Individual New York Taxpayers Making Less Than $150,000
No, you won't get $800. That was kind of a trick question to look deeper.
The trick here is that if you and your spouse make $65k each and file as a family, you get $500. If you and your spouse file separately making less than $150K each, you each get $300.
P.S. Do your own taxes.