January thru June, 2020
3 sources of unearned, 3 earned
unearned: ssa, ssi, stimulus payment
earned: wag, non-wag, and wag settlement payment
Unearned, SSA and SSI
Social Security Administration
Supplemental Security Income
SSA
$657.00 usd / month x 6 months :
$3942-
SSI
$203.19 x 4 (January, February, March, April) = 812.76
$209.51 (May)
$297.56 (June)
------
$1319.83
SSA+SSI: $5261.83
usg stimulus payment: $1200-
TOTAL (unearned): $6461.83
Earned, Dog-walking
a)Wag! and b)Wag! settlement payment, and c)Non-wag
WAG!
$245.50 (like a dozen walks)
January, 68.5
February, 31-
March, 15-
April, 0
May, 68-
June, 63-
+ 127.58 (Wag! class-action lawsuit settlement payment)
(Darsey v. Wag Labs, Inc.) member of settlement class
independent contractor or employee?
Non-wag
$625 (paypal) (25 walks) (1 hour walks, $25/ea)
Snoopy (for Karen), 9 walks: 6/12,13,14,18,19,20,21,24,25
all in June: 9 walks, x 25- = $225-
Kaleb (for Marlen), 16 walks:
2/3/5/6 (4 months x 100) = $400-
$245.50
+$127.58
---------
$373.08 (Wag! total, including settlement payment)
+ $625 (2020 non-wag dog walks, PayPal)
---------
$998.08 (dogwalking, total)(earned income, total)
Unearned Income (6461.83), + Earned Income (998.08)
= Total Income (7459.91)
excluding stimulus and settlement payments:
(SSA+SSI)+(WAG!+Non-wag)
(3942 +1319.83) +(245.50 +625) = 6132.33
(5261.83) + (870.50) = 6132.33
6132.33 (+ stimulus)
+1200- (CARES Act Economic Impact Payment)
(coronavirus aid relief and economic security act)
(usg stimulus payment, Uncle Sam, covid-19)
7332.33
6132.33 (+ settlement)
+127.58 (check in mail, received in May (?) 2020)
6259.91
6132.33 (+ both stimulus, settlement)
+1200, +127.58
7459.91
(SSA+SSI+stimulus)+ (Wag+Non-wag)=7332.33
(SSA+SSI+stimulus)+ (Wag+non-wag+settlement)= 7459.91
Unearned ($6461.83) + Earned ($870.50, or $998.08)
TTL: $7332.33 (without settlement), or $7459.91 (with)
MONTHLY INCOME
$7459.91/6 (monthly average) (incl. stimulus/settlement)
$1243.31/ month
$7332.33/6 (monthly average)(with stimulus, without settlement)
$1222.05/month
$6259.91/6 (monthly average) (without stimulus, with settlement)
$1043.31/month
$6132.33/6 (monthly average) (without stimulus or settlement)
$1022.05/month
(earned plus unearned)(ssa,ssi,+wag,non-wag)
$998.08/6 (earned plus settlement)(870.50 +127.58)
$166.34/ month
$870.50/6 (just 2020 -6 months- earned income, wag+non-wag)
$145.08/ month
I could just say-
I've earned about a thousand dollars, dog walking, Jan thru June 2020
Those are the averages. June, the highest month, I earned $388-.
388- = 63- (Wag), + 100- (Kaleb), + 225 (Snoopy)
SGA (Substantial Gainful Activity), is $1260/month, this year (2020)
That was my SAT score! (570m/690v) :-)
It got kind of convoluted. Sorry.
It's all for the first 6 months of 2020. January through June.
There's only 6 numbers you need to know (in USD):
SSA, 3942-
SSI, 1319.83
(5/28) stimulus, 1200-
Wag!, 245.50
(3/30) class action lawsuit settlement payment, 127.58
and non-wag. 625-
The confusion is what is earned income and non-earned income
and what counts/doesn't toward SGA (Substantial Gainful Activity);
I like to do math, and figure things out, but maybe
I should have googled the answers to these questions first,
or called SSA. But that stresses me:
I'd rather figure things out myself.
Wag! Yearly Income, 2016-2019 (for comparison):
2016, $4629.10 (started in march)
2017, $2216.90
2018, $237.30 (11 walks)
2019, $968-
2020, $245.50 (so far, a/o June)
TOTAL (for fun): 8296.80 (397 walks), almost 400!
The 2020 tax threshold (right word?) is: $10,400 gross income
(single, under 65) you must file for taxes if
you have made at least $10,400
7/15 is tax day (this year) (extended, usually 4/15)
I can't remember my earnings estimate. Did I come out over or under?
OU, ME (over, under) (meet, exceed) (SGA 2020 is $1260/month, or more)
That's $15,120 a year.
I went to the local SSA office not long ago to report increased rent, decreased earnings- but was told they'll call me, or don't worry about it, or something.
So I went home.
No comments:
Post a Comment