have you filed your 2007 income tax return? if so, check out the economic stimulus payment calculator at http://www.irs.gov/app/espc/ to determine if you qualify for a stimulus payment. note: you'll need information from your 2007 income tax return.
Everyone not a dependent and who payed taxes on over $3,000 in income gets $600 + $300/child. If you made over $75k, you may get less. Over $87k, you get nothing. /thread.
One other thing of note: This is not "extra money." It's simply an advance on your tax refund for 2008. This means, if you are slated to get back $1000 next year, you will only get back $400 (1000-600=400). If they "over-rebate" you, you won't owe any money back to the government. So, change your deductions so they accurately fit your income.
Half correct, anyone who paid (owed) more then 600 in taxes last year will get 600. If you paid less it will be equal to the amount you paid/owed stopping at 300. http://www.irs.gov/newsroom/article/0,,id=179169,00.html Not true. It's not an advance and you don't owe anything next year. http://www.irs.gov/newsroom/article/0,,id=179181,00.html
Hrm, guess there's some bad info floating around out there (mine was cited from a non-irs website). Oops.
yeah, this is a rebate on your 2008 taxes not an advance i also heard, though didn't confirm, that if you are claimed as a dependent this year and not next year you might get the $300 difference that the gov't did not pay out since all of this stuff is actually on the 2008 tax year. they are just trying to get the money out as early as possible
No, it's not. It has nothing to do with your taxes. It's a payment made by the Feds to you based on your 2007 tax return.
Exactly. Nothing like further swapping short term frivolities for compounding deleterious effects on our nation's long term financial well being. Freedom isn't free It costs folks like you and me And if we don't all chip in We'll never pay that bill Freedom isn't free No, there's a hefty f#$ing fee. And if you don't throw in your buck 'o five Who will?
Read the IRS website and stop taking what you see on the interweb as gospel. The current payment has no impact your 2008 net tax liability and was determined using 2007 tax information.
The proof is in the writing (which I posted already): If it was a rebate on your 2008 taxes then it would have to be claimed either as a credit or income and would effect your net tax liability. The IRS is saying it does not effect your 2008 taxes and is not a taxable item. It's not a rebate. It's a payment. Look for the word rebate on the IRS website and let me know what you come up with.
yes but some states WILL be taxing it as 2008 income, though they can change their minds between now and then mostly i just want people to know that if you are having a kid this year, you will get another check after you file 2008 taxes
How do I find out if I will have automatic deposit? This could mean the difference between getting mine in 2 weeks or middle of July! I had to pay in to fed - f***! I think I know my answer - paid in with debit card. waits for monies
hummmm may 19 or so! woot!..I got a thing in the mail from the govt about this so I believe I get one, although my dad decided to claim me this year so he could get more.
I got this weird email from IRS... When I click the link, it gives me: Forbidden You don't have permission to access /icons/irs.gov/online/login/ on this server. Additionally, a 403 Forbidden error was encountered while trying to use an ErrorDocument to handle the request. Apache/2.0.40 Server at xpowertec.com.tw Port 80 WTF??
Are you kidding? That's a classic phishing email. Hope you didn't put in your credit/checking info... Got my monies. Thank you GWBush for paying down my car debt..
have you got it yet? I am not sure if I am gonna get it. I already got my regular tax return. only $150. better than nothing I guess.
yea i made too much last year and had to pay in 370 ^^ so if i get a full refund its like im only getting 230 awesome
Scams. LOL. I get mines next friday. Yay. Married FTW! $1200.00. I feel sorry for the ones who didnt do a direct deposit. LOL.
