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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

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Do I need to file a tax return if my earnings were under three thousand dollars?

It is always better the file a return, even if you didn't earn the minimum. This year, filing was a requirement to get the economic stimulus payment in May.


What tax line do you use for retained earnings?

Retained earnings is not a tax line issue. The only place on a tax return that retained earnings would be placed is on the balance sheet if you are required to include a balance sheet with your return. Retained earnings is an account used to show the ongoing profits and losses in a business and to process the year end accounting.


Can You still get my tax refund check from 2007?

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.


Can you still get your tax refund check from 2007?

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.


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?

Oh, dude, you're all good! Filing an amended return won't affect your stimulus payment eligibility. As long as you meet the requirements for the stimulus payment, you should still receive it. So, no need to stress about waiting to file on your 2008 return. Just sit back, relax, and let the money come to you!

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?


Do I need to file a tax return if my earnings were under three thousand dollars?

It is always better the file a return, even if you didn't earn the minimum. This year, filing was a requirement to get the economic stimulus payment in May.


What salary amount is enter on your tax return?

That question is not on your tax return.


How can I file for a stimulus check that I have not received?

To file for a stimulus check that you have not received, you can claim the Recovery Rebate Credit on your tax return. This allows you to receive the stimulus payment as a tax refund if you were eligible but did not receive it.


What tax line do you use for retained earnings?

Retained earnings is not a tax line issue. The only place on a tax return that retained earnings would be placed is on the balance sheet if you are required to include a balance sheet with your return. Retained earnings is an account used to show the ongoing profits and losses in a business and to process the year end accounting.


What is the difference between return on capital and return on investment?

return on capital = earnings before interest and tax / capital employed * 100


Can I still get a stimulus check if I was claimed as a dependent?

No, individuals who were claimed as dependents on someone else's tax return are not eligible to receive a stimulus check.


Can You still get my tax refund check from 2007?

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.


Can you still get your tax refund check from 2007?

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.


Why does my tax return decrease when I enter another W2 form?

Your tax return may decrease when you enter another W2 form because it increases your total income, which can result in a higher tax liability.


Do you need to include federal tax forms with your Indiana return?

No. You enter information from your federal tax return onto your Indiana tax return. But a copy of your federal return doesn't need to be attached.


If I am on social security and my daughter claims me. Will I get a stimulus coronavirus check 2020?

If someone claims you as a dependent on their tax return, you are not eligible for a stimulus check, even if you receive Social Security benefits. The stimulus check is only available to individuals who are not claimed as a dependent on someone else's tax return and meet the income eligibility requirements.