answersLogoWhite

0


Best Answer

You already should have received it, actually a long time ago. Contact the IRS at www.irs.gov to find out about yours.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: When will the tax rebates arrive from the stimulus package from tax filed in 2008?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

Has anyone received their tax rebate early than it was scheduled?

Yes!! if you filed your taxes and will be receiving a refund via your checking account you will receive your stimulus check early...I did.


If you filed an amended return to claim your two children can you still get the 600 stimulus payment or do you have to wait and file on 2008 return?

Yes, you still can get the $600 stimulus payment for your 2007 income tax return. Form 1040X is Amended U.S. Individual Income Tax Return. Filing an amended return usually doesn't affect the stimulus payment. If the IRS receives your Form 1040X before issuing your stimulus payment, then your stimulus payment will be issued after your Form 1040X has been processed.For more information, go to www.irs.gov/newsroom for the article, 'Economic Stimulus Payment Q&As'.


Refund Where is your stimulus Payment?

Starting Thursday, millions of grandparents and retirees will see a $250 raise to their usual Social Security funds. The months long wait for stimulus payments for seniors, as part of the stimulus bill passed February, is now over, CNN reports. Nearly 55 million seniors and retirees will receive the $250 one-time payment between now and June 4, 2009. Most of the checks have been sent out this week. (May 11, 2009). Payment will either be received as a separate check, in addition to Social Security payments, or appear in accounts as a direct deposit.


If you owe 2007 taxes have filed set up payments will you still receive stimulus rebate?

Yes...it sounds as if your in complete compliance with an agreed payment plan. You lose nothing (except perhaps the slight added cost/interest change) for being on one.


Who qualifies for tax stimulus?

Stimulus Act rebate checks will only be sent to those filing a 2007 tax returnIR 2008-18; Fact Sheet 2008-15; Fact Sheet 2008-16; Treasury Fact SheetIRS has issued a barrage of information explaining how individuals will receive the rebate they're entitled to under the Economic Stimulus Act of 2008 (Stimulus Act). The key guidance is that individuals will have to file a Form 1040 or 1040A for 2007 to get a rebate in 2008, even if they are not otherwise required to file a 2007 return because of low income. Separately, Treasury issued a Fact Sheet carrying 28 examples of how individuals will be affected by the rebates. [For more information, you can follow this link to the IRS website: http://www.irs.gov/irs/article/0,,id=177937,00.html ] No extra paperwork for most individuals. IRS stresses that most people won't have to take any extra steps to be entitled to a Stimulus Act refund, which IRS will begin mailing in May of 2008, or transmitting via direct deposit, for those selecting that option when filing their 2007 returns. IRS will use the 2007 tax return to determine eligibility and calculate the basic amount of the payment. In most cases, the payment will equal the amount of tax liability on the return with a maximum amount of $600 for individuals ($1,200 for taxpayers who file a joint return) and a minimum of $300 for individuals ($600 for taxpayers who file a joint return). Parents and anyone else eligible for a stimulus rebate will also receive an additional $300 for each qualifying child. The rebates are reduced by 5% of adjusted gross income (AGI) in excess of $75,000 for individuals and $150,000 for those who are married and file jointly. Return filing burden for lower-income individuals. Even those individuals who have little or no tax liability may qualify for a minimum payment of $300 ($600 if filing a joint return) if their tax return reflects $3,000 or more in qualifying income, which consists of earned income (e.g., wages, net self-employment income) as well as Social Security or certain Railroad Retirement benefits and veterans' disability compensation, pension or survivors' benefits received from the Department of Veterans' Affairs in 2007. Many of these individuals normally wouldn't have to file a 2007 return because their incomes are below the filing thresholds, but they will have to file a return in order to receive a rebate. Where necessary, the following benefits (in any combination) must be reported on Line 20a of Form 1040 or Line 14a of the Form 1040A to meet the qualifying income requirement: * Social Security benefits reported on the 2007 Form 1099-SSA, which individuals should have received in January 2008. Those who do not have a Form 1099 may estimate their annual Social Security benefit by taking their monthly benefit and multiplying it by the number of months during the year they received the benefits. * Railroad Retirement benefits reported on the 2007 Form 1099-RRB, which should have been received in January 2008. * The sum of veterans' disability compensation, pension or survivors' benefits received from the Department of Veterans' Affairs in 2007. Individuals may estimate their annual benefit by taking their monthly annual veterans' benefit and multiplying it by the number of months during the year they received benefits.IRS cautioned that Line 20a of Form 1040 and Line 14a of the Form 1040A are designated for Social Security. To qualify for the economic stimulus payments, these lines should also be used to include any qualifying Railroad Retirement or veterans' benefits. When an amended return will have to be filed. Those lower-income individuals who filed a 2007 tax return reporting at least $3,000 in qualifying income don't need to do anything else to get their stimulus rebate. However, others may have to amend a previously filed tax return (using Form 1040X) to include benefits to reach the $3,000 qualifying income level, for example, benefits such as Social Security payments that weren't taxable under the Code Sec. 86 rules. IRS stressed that adding these benefits on an amended tax return won't increase an individual's tax liability but simply will establish eligibility for the stimulus payment. Exclusions. IRS reminded individuals that: * Those who file Form 1040NR, 1040PR or 1040SS are not eligible for stimulus payments. These returns are normally filed by Nonresident Aliens, residents of Puerto Rico and residents of the U.S. Virgin Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands (CNMI). Residents of U.S. possessions will be receiving their rebates directly from the possessions. * Those who can be claimed as dependents on someone else's return aren't eligible for stimulus payments. * Dividends, interest and capital gains income is not included when determining qualifying income. Supplemental Security Income (SSI) does not count as qualifying income for the stimulus payment. Also not included in qualifying income are non-veterans or non-Social Security pension income (such as those from individual retirement accounts (IRAs)). * Stimulus payments will be subject to offset against outstanding tax and non-tax liabilities in the same way as regular tax refunds.In addition, the IRS emphasized the stimulus payments will not count toward or negatively impact any other income-based government benefits, such as Social Security benefits, food stamps and other programs. Expect notices from IRS. Most taxpayers will receive two notices from IRS (presumably after they have filed the 2007 return). The first will be a general notice explaining the stimulus payment program. The second will confirm the recipients' eligibility, the payment amount and the approximate time table for the payment. Taxpayers are told to save the second notice to assist them when they prepare their 2008 tax return next year. IRS also advised individuals who move after they file their 2007 tax return to notify the IRS by filing Form 8822, Change of Address, and also notify the Post Office

Related questions

If you filed a 2008 tax return how much would your stimulus check be?

if you filed a 2008 tax return how much would your stimulus check be?


If you file your taxes late can you still receive the stimulus rebate check?

Yes, but it must be filed by the extension date (October 15).


If the last time you filed taxes was in 2005 are you eligible for the federal tax kicker?

If you mean the stimulus payment, no. It is based on your timely filed 2007 tax return.


How many times a year do you get a stimulus check?

One can get a Stimulus Check a few times a year in the USA. This depends on whether one is married and filed jointly or single as to the amount they can receive.


Can a wrongful termination suit be filed after having accepted a servants package from the company that terminated you?

no


Last year I filed marriedjoint and we received the stimulus check This year we are separated both filing head of household How do we report the stimulus amount on this years taxes?

If you received the stimulus cheque before you separated, you each report 50%. If you received it after you seaparated, you must claim all 100% yourself.


How do i find form to file for stimulas rebate if i was on workman's compensation for the year 2007?

If you filed an income tax form for 2007, you will get a stimulus check if you qualify. There is no form to file.


You filed your 2007 tax return but had to do an amendment because you forgot a w2 after doing the amendment you made enough to qualify for the stimulus will you still receive a stimulus check?

Yes, you should get a stimulus check. Wait six weeks from the mailing of your return; then, if you haven't heard anything, contact the IRS at 800-829-1040 to inquire.


How long does it take to ship assurance wireless phone?

Generally, if the claim is filed Monday through Thursday before 11:00 PM EST, the phone should arrive the next day. If the claim is filed on Friday before 11:00 PM EST, the phone should arrive Saturday or Monday, depending on your preference. If the claim is filed on Saturday before 3:30 PM EST, then it should arrive on Monday. If the claim is filed any time on Sunday, then the phone should arrive on Tuesday.Note: Next Day/Saturday delivery may not be available in some locations.The previous statements apply to Verizon Wireless phones. Shipping times may differ by phone company.http://www.phoneclaim.com/verizon-shipping


Has anyone received their tax rebate early than it was scheduled?

Yes!! if you filed your taxes and will be receiving a refund via your checking account you will receive your stimulus check early...I did.


If you filed an amended return to claim your two children can you still get the 600 stimulus payment or do you have to wait and file on 2008 return?

Yes, you still can get the $600 stimulus payment for your 2007 income tax return. Form 1040X is Amended U.S. Individual Income Tax Return. Filing an amended return usually doesn't affect the stimulus payment. If the IRS receives your Form 1040X before issuing your stimulus payment, then your stimulus payment will be issued after your Form 1040X has been processed.For more information, go to www.irs.gov/newsroom for the article, 'Economic Stimulus Payment Q&As'.


Do you get a stimulus check if you file taxes and not working now?

For most Americans there won't be one.However, there will be a one-time payment of $250 that will be sent to the following people only: '''recipients of Supplemental Security Income (SSI), Social Security benefits, Veterans benefits or Railroad Retirement benefits. It will arrive separately from the regularly scheduled monthly payment and will come in by late May, 2009. [See this site: http://tinyurl.com/pdep2p for additional details.] Starting Thursday May 14, millions of grandparents and retirees will see a $250 raise to their usual Social Security funds. The months long wait for stimulus payments for seniors, as part of the stimulus bill passed February, is now over, CNN reports. Nearly 55 million seniors and retirees will receive the $250 one-time payment between now and June 4, 2009. Most of the checks have been sent out this week (May 11, 2009). Payment will either be received as a separate check, in addition to Social Security payments, or appear in accounts as a direct deposit.