"Stimulus Package" arrived - Page 3

yellow heel · #41 (**permalink**) 05-13-2008, 09:33 AM

Do you have to do anything special to receive the stimulus? I paid taxes this year but ended up owing taxes.

cicy33 · #42 (**permalink**) 05-13-2008, 03:53 PM

I think that this is kind of a joke. We have not got ours yet but I will post what we get. But what I don't get is this. This is supposed to be a stimulus check to help boost the economy. But it isn't based upon what I am reading, it looks like they are just cutting out what you paid in taxes. if it was what they said it would be the full amount for everyone equally. I checked the site and it just says no info available. I am scheduled according to the website for the 16th.

MelC · #43 (**permalink**) 05-14-2008, 04:33 PM

I got mine and was disappointed to see I only got $300 for myself and $300 for my daughter. I had a nice tax return this year because I was part time last year and still head of household. I did not understand what they meant by "income tax liability". Basically, if you paid taxes in 2007, you get it back. I barely paid any (if any) so therefore Im not getting the full rebate. I am still happy with the $600! I put it straight into my ING acct. I now have 2K saved and no debt! Go me!

cicy33 · #44 (**permalink**) 05-14-2008, 08:47 PM

Well, I went to the site and it tells me that we are only getting $600. Total. This is the reason: Your Stimulus payment was reduced based on your 2007 qualifying income, or it was limited to the amount of your 2007 Net Income Tax Liability. Since we don't get to claim the kids except as dependents part time we don't get them. So we get $600 total for both of us. $300 each.

red92s · #45 (**permalink**) 05-15-2008, 04:06 AM

Was supposed to receive mine by the 9th, still have nothing. Filed on time, paid via direct deposit, meet all qualifications, and have an SSN putting me in the second deposit group. Online "tracker" has no information. I sense I'll get nothing, and the process required to actually get anything will be long, complicated, and labor intensive.

MelC · #46 (**permalink**) 05-15-2008, 05:27 PM

The IRS has deposited some stimulus checks in the wrong bank accounts, according to Newsday.

"We do know of instances of problems; we've heard of situations where stimulus checks have gone to the wrong people's bank accounts," Kevin McKeon, a spokesman for the tax agency, tells the paper. "We're getting a lot of calls to the toll-free number."

The other day, a woman in upstate New York told the Times Herald-Record that her rebate had been deposited in a bank account in Illinois.

*I read they they are getting 2 million phone calls a day! No wonder I couldnt get through when I tried calling this week.

irs · #47 (**permalink**) 05-21-2008, 12:28 AM

Starting this May, 130 million households will received stimulus payment by the IRS. It is the 2007 income tax and it is your tax refund for the year 2008.
Through this stimulus payment, you can use this and help pay your bills.

Quote:

Originally Posted by yellow heel

Do you have to do anything special to receive the stimulus? I paid taxes this year but ended up owing taxes.

disneysteve · #48 (**permalink**) 05-21-2008, 05:22 AM

Quote:

Originally Posted by irs

It is the 2007 income tax and it is your tax refund for the year 2008.

I'm not sure what you mean here. The tax stimulus rebate has nothing at all to do with your 2008 tax refund. You will still get that if you have a refund coming to you. The stimulus check won't affect the amount of your 2008 refund.