Doesn't look like it's confirmed as of yet by our new elect President Obama. Check out the link below.http://www.savingtoinvest.com/2008/11/when-is-next-stimulus-payment-coming.html
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.
no. Stimulus payments are not taxable. However there are situations where you might not of gotten enough of a stimulus payment. Therefore you would be qualified for a "Rebate Recovery Credit" with your 08 tax return. Therefore give your tax preparer how much you got for a stimulus payment. You can also find the exact amount at IRS.GOV
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.
The IRS referred to 2007 tax returns for determining eligibility and the amount of 2008 economic stimulus payments. Eligible individuals were given an extended deadline of October 15, 2008, in which to file their 2007 returns in order to receive 2008 economic stimulus payments. The Recovery Rebate Credit for 2008 tax returns is for people who didn't receive the full economic stimulus payment ($600.00 per taxpayer, $1,200.00 Married Filing Jointly) but who might be eligible now for some or all of the unpaid portion. But if you didn't file a 2007 tax return by October 15, 2008, then you're not eligible for the Recovery Rebate Credit for 2008 tax returns. Recovery Rebate Credits won't be mailed as separate checks, as the 2008 economic stimulus payments were. They'll be added into taxpayers' refunds.
Over & done. None for 2009. Probably, never to happen again.
Economic stimulus payments.
In 2009, the U.S. government issued economic stimulus payments to eligible taxpayers as part of the Economic Stimulus Act. These payments were not tax rebate checks, but rather a one-time payment meant to stimulate the economy. Eligibility was based on income and filing status, and if you met the criteria, you should have received a payment.
WHo qualified for stimulus check in 2009
Get a hold of irs
According to the AARP website, the stimulus payments of $250 per person or $500 per couple to retirees and other Social Security beneficiaries will be sent out in May. If you normally receive your Social Security payments by mail, you will receive a paper check in the mail and if you normally have your funds direct deposited, your payment will be transmitted electronically to you bank account. Other government retirees, such as Federal and State, will qualify but might have to wait and file their 2009 tax returns to get their payment.
The 2009 $250 "stimulus" is for some social security recipients, nothing to do with being a Vet. The $250 will also be given to veterans who are receiving veterans' disability payments.
Cash.Checks.Debit cards.Credit cards.Mobile payments.
Yes.
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.
Yes.
Funk Man - The Stimulus Package - was created on 2009-04-07.
No stimulus checks are due to anyone at this time in the year 2010. For 2009 if you filed your income tax return correctly and had any earned income they had the making work pay tax credit available for this purpose and if you did not qualify for it then you did not get the amount of the MWPTC amount after you filed your income tax return correctly.