WELCOME
WELCOME BACK. NEW THIS AFTERNOON A STAGGERING
6.6 MILLION AMERICANS FILING
FOR UNEMPLOYMENT LAST WEEK.
MORE THAN 132,000 RIGHT HERE IN
GEORGIA.
GEORGIA.
GEORGIA. THIS ON TOP OF THE NEAR 3.3
MILLION DATA PRIVATE THE
PREVIOUS WEEK.
PREVIOUS WEEK. IT IS A CLEAR SIGN THAT LAYOFFS
PREVIOUS WEEK. IT IS A CLEAR SIGN THAT LAYOFFS@
ARE ACCELERATING AND MANY
ECONOMISTS PREDICT AS MANY AS
20 MILLION JO4@BS LOST BY THE E
OF THE MONTH.
WE HAVE THE LATEST FROM THE
DEPARTMENT OF LABOR.>>
Reporter: AS 4@WE ENTER THE
SECOND DAY OF APRIL MORE
GEORGIANS ARE FILING FOR
UNEMPLOYMENT, WONDERING HOW
LONG IT WILL TAKE TO4@ SEE THE
BENEFITS.
BENEFITS.
BENEFITS. THE DEPARTMENT OF LABOR IS
INUNDATED WITH UNEMPLOYMENT
CLAIMS.
CLAIMS.
CLAIMS. LAST WEEK 4@OFFICI4@ALS SAY 4@T
PROCESSED 12,000 CLAIMS.
BEFORE THE PANDEMIC THEY
PROCESSED ABOUT 5000 PER WEEK.
BY NEXT WEEK THEY SAID 4@THE
NUMBERS COULD SKYROCKET.
FINANCIAL EXPERTS SAY 4@THE
FASTEST WAY TO RECEIVE BENEFITS
IS4@ TO HAVE YOUR EMPLOYER FILE
ON YOUR BEHALF.
TO4@ SAY IF4@ THAT HAPPENS IT C
TAKE A COUPLE OF DAYS UP TO A
COUPLE OF WEEKS TO GET THE
CHECK THROUGH DIRECT DEPOSIT.
NATIONALLY 6.6 MILLION AMERICANS
FILE FOR UNEMPLOYMENT LAST WEEK@
ECONOMIC EXPERTS SAY THE NUMBER
OF UNEMPLOYED COULD ACTUALLY BE
MUCH HIGHER.
MUCH HIGHER. >> SHE FILED THIS REPORT
EARLIER IN THE DAY AND THE
NUMBER NOW IS IT ABOUT 104@
MILLION AMERICANS FILING FOR
UNEMPLOYMENT.
UNEMPLOYMENT. ANOTHER UNSETTLING UPDATE ON
THE ECONOMY.
THE ECONOMY. WE KNOW YOU HAVE A LOT OF
UNCERTAINTY ABOUT WHAT IS GOING
ON WITH YOUR MONEY.
11ALIVE IS COMMITTED TO
GETTING ANSWERS.
GETTING ANSWERS. OUR FINANCIAL EXPERT IS HERE TO
ANSWER INSIGHTS.
ANSWER INSIGHTS. TEXT YOUR QUESTIONS TO 404-885-
7600.
7600.
7600. PLEASE INCLUDE YOUR NAME.
GOOD AFTERNOON.
GOOD AFTERNOON. 4@ >>> THESE NUMBERS ARE QUITE
UNSETTLING, I HAVE TO SAY.
THEY HAD ME UPSET WHEN I SAW
THEM THIS MORNING.
FA4@R EXCEEDING WHAT THE ANALYS
EXPECTED.
EXPECTED.
EXPECTED. FIRST THEY SAID ABOUT4@ 3 MILLI
TO 6 MILLION IN HERE WE ARE AT
10 MILLION AMERICANS FILING FOR
UNEMPLOYMENT.
UNEMPLOYMENT. LET'S START WITH GL4@ORIA.
SHE ASKED, WHAT IS MY EMPLOYER
FILING ON MY BEHALF AS FAR AS
UNEMPLOYMENT AND WILL THAT
AFFECT THE AMOUNT I GET VERSUS
IF I FILE MYSELF?
>> NO, GLORIA FILES HERSELF THE
ONLY THING IT WILL DO IS SLOW
4@
ONLY THING IT WILL DO IS SLOW DOWN THE PROCESS OF BEGINNING
TO GET BENEFITS.
THIS WON'T CHAN4@GE THE AMOUNT.
SHE NEEDS TO LET HER EMPLOYER
FILE IT.
FILE IT.
FILE IT. SEXUALLY A REQUIREMENT BY THE
GEORGIA DEPARTMENT OF LABOR.
THIS IS 4@TO MAKE THE PROCESS
EFFICIENT SO THE EMPLOYEES CAN
GET THE MONEY SOONER RATHER
THAN LATER.
THAN LATER. >> ONE VIEWER SHARED I CLAIMED
MY DAUGHTER LAST YEAR ON TAXES
BUT SHE ALSO FILED A RETURN.
WILL SHE GET THE INDIVIDUAL 4@
PAYMENT? WILL WE GET THE $500
FOR HER 4@AS A CHILD?
>> WHAT WE KNOW IS THAT SHE IS
A DEPENDENT ON HER PARENTS'
RETURN.
RETURN.
RETURN. SHE IS OVER 17.
THE PARENTS WON'T QUALIFY.
EVEN THOUGH THE DOCTOR FILED A
RETURN ON HER OWN SHE WILL NOT
QUALIFY.
QUALIFY.
QUALIFY. THAT IS THE HICCUP IN THE
SITUATION WITH CHILDREN OVER 17
THAT ARE ON PARENTS' RETURNS OR
STUDENTS.
STUDENTS.
STUDENTS. IT IS A BIT OF A FLAW.
WE WILL SEE IF THE TREASURY
CHANGES IT BUT RIGHT NOW SHE
WILL NOT GET THE ADDITIONAL
500.
500.
500. >>
500. >> YES, THAT HAS TO DO WITH THE
STIMULUS PACKAGE.
STIMULUS PACKAGE. >>> BACK TO ANOTHER QUESTION.
HOPE WANTS TO KNOW.
ALTHOUGH I HAVE A FULL-TIME JOB
IN EDUCATION I ALSO HAD AN
HOURLY PART-TIME POSITION WITH
A RETAILER THAT INFORMED ME I
AM FURLOUGHED.
AM FURLOUGHED. AM I ABLE TO FILE FOR
UNEMPLOYMENT?
UNEMPLOYMENT? >> NO, BECAUSE SHE 4@IS STILL
WORKING.
WORKING.
WORKING. IF SHE HAD NO JOB AND A PART-
TIME JOB WAS HER ONLY JOB AND
SHE GOT LAID OFF AND SHE WOULD
QUALIFY BUT BECAUSE SHE 4@IS
4@WORKING, ANY JOB WHERE YOU AR
EMPLOYED YOU WILL NOT QUALIFY
FOR UNEMPLOYMENT.
FOR UNEMPLOYMENT. IF SHE 4@LOSES HER FULL-TIME JO
THAT IS A DIFFERENT STORY.
>>> ANOTHER STIMULUS PACKAGE
QUESTION.
QUESTION.
QUESTION. WHAT IS THE4@ INFORMATION FOR
SENIORS ON SSI?
I HEARD THERE IS A SIMPLE FORM
WE NEED TO FILL OUT IN ORDER TO
GET THE STIMULUS.
>> THIS HAS BEEN CHANGING EVERY
DAY.
DAY.
DAY. TO
DAY. TO ANSWER YOUR QUESTION, A
COUPLE OF DAYS AGO I SAID YOU
DON'T NEED TO FILE ANYTHING AND
YOU WOULD GET IT AUTOMATICALLY.
THEN THE IRS PUT OUT
INFORM4@ATION THAT SENIORS WILL
THEN THE IRS PUT OUT INFORM4@ATION THAT SENIORS WILL@
HAVE TO FILE A SIMPLE RETURN.
AS OF LAST NIGHT THE SECRETARY
SAID THEY ARE BACK TO SENIORS
AND RETIREES AND PEOPLE ON
DISABILITY NOT HAVING TO FILE
ANYTHING.4@
ANYTHING.4@ AS OF NOW YOU WON'T HAVE TO
FILE ANY SORT OF TAX RETURN TO
GET YOUR STIMULUS CHECK.
>> THAT'S THE UPDATE, TINA.
>>> SARAH SHARED I WORK AS AN
INDEPENDENT CONTRACTOR MY
PAYCHECKS ARE MADE TO MY4@
SPOUSE'S SMALL BUSINESS.
CAN I COLLECT?
CAN SHE COLLECT AS A SMAL4@L
BUSINE4@SS?
BUSINE4@SS? >> THAT IS INTERESTING.
I'M NOT SURE IS WHETHER THEY
CAN CONNECT THE, COLLECT THE 4@
STIMULUS CHECK OR OTHER
BENEFITS.
BENEFITS.
BENEFITS. TO ANSWER THE QUESTION, TO
COLLECT THE STIMULUS CHECK THIS
IS BASED ON ADJUSTED GROSS
INCOME FOR THE INDIVIDUALS ON
THE TAX RETURN AS A TAXPAY4@ING
SPOUSE.
SPOUSE.
SPOUSE. IF YOU ARE REFERRING TO 4@A SMA
BUSI4@NESS STIMULUS, THAT IS A
TOTALLY DIFFERENT4@ PACKAGE FOR
THOSE THAT ARE SELF-EMPLOYED.
IF YOU ARE NOT CONSIDERED SELF-
EMPLOYED AND YOU ARE GETTING A @
CHECK AND YOU WILL NOT QUALIFY.
>>> CHRIST4@INE WANTS TO KNOW
WHAT IF I 4@MADE MORE THAN
$75,000 IN 2019 BUT I'M NOW
LAID OFF? HOW MUCH WOULD I BE
ELIGIBLE FOR?
ELIGIBLE FOR? >> IT 4@DEPENDS.
THAT'S A GREAT QUESTION.
$75,000 AS A SINGLE TAXPAYER,
YOU GET TO 4@BE4@ PHASED OUT.
THERE IS A PHASEOUT OF FIVE
DO4@LLARS FOR EVERY $100 YOU AR
OVER THE LIMIT.
IT DEPENDS ON HOW MUCH SHE IS
OVER THE 75,000.
IF SHE'S OVER BY $1000 OR
$10,000 OR $15,000.
THERE IS A FORMULA THAT SHE CAN
COMPUTE TO FIGURE OUT HOW MUCH
OF THAT 1200 WILL BE PRODUCED.
>> AGAIN WE HAVE THE STIMULUS
CALCULATOR ON 11ALIVE.COM. 4@
>>> I HAD NO INCO4@ME THE PAST
10 YEARS.
10 YEARS.
10 YEARS. MY WIFE HAD INCOME AND SHE HAS
MILD THROUGH 2019.
WILL WE BOTH RECEIVE A STIMULUS
CHECK THROUGH HER? 4@
IF NOT, SHOULD I FILE A ZERO
INCOME 1040?
INCOME 1040? >> RIGHT QUESTION.
IT DEPENDS ON THE
INTERPRETATION, BUT IF THEY
FILED A JOINT RETURN AND HE
DOESN'T HAVE AN INCOME BUT HE
WAS ON THE 4@RETURN IT WILL BE
BASED ON THE INCOME ON THE
RETURN AND THEY SHOULD EACH
QUALIFY.
QUALIFY.
QUALIFY. IF THE SPOUSE FILED ON HER OWN
AND HE WAS NOT ON THE RETURN
AND HE HAS NEVER FILED, HE MAY
NOT QUALIFY.
NOT QUALIFY.