Lynx Defense

Government gun money!

The #1 community for Gun Owners in Texas

Member Benefits:

  • Fewer Ads!
  • Discuss all aspects of firearm ownership
  • Discuss anti-gun legislation
  • Buy, sell, and trade in the classified section
  • Chat with Local gun shops, ranges, trainers & other businesses
  • Discover free outdoor shooting areas
  • View up to date on firearm-related events
  • Share photos & video with other members
  • ...and so much more!
  • Moonpie

    Omnipotent Potentate for hire.
    Lifetime Member
    Rating - 100%
    21   0   0
    Oct 4, 2013
    24,220
    96
    Gunz are icky.
    DAA62846-ADF0-4611-9CE3-B2279868B6B8.gif
    DK Firearms
     

    Attachments

    • DAA62846-ADF0-4611-9CE3-B2279868B6B8.gif
      DAA62846-ADF0-4611-9CE3-B2279868B6B8.gif
      653.8 KB · Views: 397

    Southpaw

    Forum BSer
    Rating - 100%
    14   0   0
    Mar 30, 2009
    17,895
    96
    Guadalupe Co.
    No advance on next year's refund. They also won't be deducting taxes owed child support owed or anything else from it.

    If I have a past due debt to a federal or state agency, or owe back taxes, will my rebate be reduced? No, the bill turns off nearly all administrative offsets that ordinarily may reduce tax refunds for individuals who have past tax debts, or who are behind on other payments to federal or state governments, including student loan payments. The only administrative offset that will be enforced applies to those who have past due child support payments that the states have reported to the Treasury Department.


    With them saying this money is an advancement on your 2020 tax refund, I won't be touching it.

    Is the rebate taxable or will I have to pay back any amount if the rebate based on my 2019 return is larger than what it would be if based on my 2020 tax year return? No, the rebate is treated like other refundable tax credits, such as the child tax credit and earned income tax credit, and not considered income. Moreover, if the credit amount you qualify based on 2020 income is less than what you qualify for based on your 2019 tax return, it does not have to be paid back

    https://www.khou.com/article/news/h...much/285-adf77dd8-9b49-4485-b84f-fa4d7d82e139
     

    2ManyGuns

    Revolver's, get one, shoot the snot out of it!
    Lifetime Member
    Rating - 0%
    0   0   0
    Jan 31, 2010
    2,681
    96
    Somewhere in Texas!
    So you will be returning yours as a donation to the IRS?


    Sent from my iPhone using Tapatalk

    My intent is to cut a check at the end of the tax season for that amount, since it will be forcibly deposited into my account. Could I use it, yes I could. I need new brakes on my truck and water pump. BUT, sometimes, integrity and ethics should not be for sale.
     

    Younggun

    Certified Jackass
    TGT Supporter
    Local Business Supporter
    Rating - 100%
    6   0   0
    Jul 31, 2011
    53,727
    96
    hill co.
    My intent is to cut a check at the end of the tax season for that amount, since it will be forcibly deposited into my account. Could I use it, yes I could. I need new brakes on my truck and water pump. BUT, sometimes, integrity and ethics should not be for sale.

    So on top of any amount you might owe, you a will also be sending the IRS a payment in the amount that is deposited in to your account? Just trying to be clear and make sure I understand.


    I’m sure the local small businesses praying to hold on and have a couple busy weeks after this crap is over really admire your Tegridy.


    Sent from my iPhone using Tapatalk
     

    brashears9567

    Active Member
    TGT Supporter
    Rating - 100%
    2   0   0
    Jun 12, 2016
    909
    76
    I have enough guns. I think I'm going to add to my guitar-senal. Maybe a strat. But, since I viewed the ruger precision 26 6.5 prc ONE TIME on their site because of an email THEY sent me, I guess I should buy that rifle from primary arms. They even sent me another email asking me to "give it another shot." Those guys sure are pushy. And, I think it's fishy that I've heard nary a thing from them in two weeks but now that the stimulus passed, they are sending me emails about a rifle that cost around $1200. I'm on to you, primary arms....


    Sent from my iPhone using Tapatalk
     
    Top Bottom