@iamasinkingship I'm not going to double dip even though my unemployment was W2 based and PPP was for my business. However, 2 things.
- If my business was open and I charged a client $5k for a project, I would be claiming $5k on the day I received the payment/worked on the project. I get 1 week projects at $5k but I don't work 52 weeks a year. That's why I have the business So suddenly I have to prorate shit? ehhh...
- What if my loan doesn't get forgiven? Now I've taken on the debt and did not collect my unemployment. That would suck.
I'm still figuring what I will do. I am thinking of paying myself $500 a week with PPP and returning/borrowing the rest. Then I will get $75 in W2 unemployment plus the $600 from the federal.
The whole windfall thing is crazy. I have so many people who earned $300 a week making $800 a week right now. How's that not a windfall? I legit have a $60k a year job / part time and a $60k a year business. I'm not getting any more windfall from claiming both than anyone else. $600.
And if you want to talk double dipping, I know multiple employers who just hired all their friends and family while their operations are still limiting. Dip 1, household income just went through the roof. Dip 2, the 25% to use on rent, for every $3 they give their friends and family, $1 for utilities and rent. That's a score.
Another perspective. I do a project. Charge $1k. Instead of claiming in one week therefor losing unemployment for that week, I prorate it over 8 weeks so I can still get maximum benefit. Wouldn't we call that wrong?
You can call it gaming, but that's just bitterness, the fact is, some of us are simply trying to replace the income we lost as best we can, while millions of Americans are making more to sit on their asses.