One thing has nothing to do with the other. You will need to see if a stimulus payment was available for the tax year 2009. You cannot receive the 2008 payment just because it was applied to your past debts. If you still owe debt for unpaid taxes though your 2009 and future refunds may be taken and applied to these debts until they are completely paid.
Sure. Most people can get their 2007 refunds until April 15, 2011. But it is too late to get the stimulus check based on your 2007 tax return that was mailed in 2008. If you did not get your stimulus check, you have a second chance to get a stimulus check based on your 2008 return which you are filing in 2009.
Sure. Most people can get their 2007 refunds until April 15, 2011. But it is too late to get the stimulus check based on your 2007 tax return that was mailed in 2008. If you did not get your stimulus check, you have a second chance to get a stimulus check based on your 2008 return which you are filing in 2009.
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.
Yes a tax return that was filed in the year 2008 would have been for the 2007 tax year income tax return.
if you filed a 2008 tax return how much would your stimulus check be?
One thing has nothing to do with the other. You will need to see if a stimulus payment was available for the tax year 2009. You cannot receive the 2008 payment just because it was applied to your past debts. If you still owe debt for unpaid taxes though your 2009 and future refunds may be taken and applied to these debts until they are completely paid.
No, the rebate check is an advance payment of a 2008 tax credit. The money is actually a portion of the refund or payment applied to the taxes you will file in 2009. Therefore as it is a refund check it is not taxable income.
If you mean the stimulus payment, no. It is based on your timely filed 2007 tax return.
Sure. Most people can get their 2007 refunds until April 15, 2011. But it is too late to get the stimulus check based on your 2007 tax return that was mailed in 2008. If you did not get your stimulus check, you have a second chance to get a stimulus check based on your 2008 return which you are filing in 2009.
Sure. Most people can get their 2007 refunds until April 15, 2011. But it is too late to get the stimulus check based on your 2007 tax return that was mailed in 2008. If you did not get your stimulus check, you have a second chance to get a stimulus check based on your 2008 return which you are filing in 2009.
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.
Yes a tax return that was filed in the year 2008 would have been for the 2007 tax year income tax return.
Probably...thats what a lot of the pacjkage centers on....making tax breaks (hence incentives) for some and increasing taxes for the revenue from others.
No. No. NO.
"no its a gift from the government and not taxed. YET LOL" THIS IS NOT TRUE. We had our taxes done yesterday, and the stimulus amount was deducted from our return total. You DO have to pay it back. It was a LOAN.
No. the stimulus is just the same 2008 stimulus for people who did not receive the whole amount in 2008 and that was not taxable There is no 2009 stimulus check. Instead workers get a making work pay creidt. A refundable tax credit of up to $400 for working individuals and up to $800 for married taxpayers filing joint returns. This tax credit will be calculated at a rate of 6.2 percent of earned income and will phase out for taxpayers with modified adjusted gross income in excess of $75,000, or $150,000 for married couples filing jointly. Taxpayers who do not have taxes withheld by an employer during the year can also claim the credit on their 2009 tax return.