May
28
Why You Should Deal with the IRS In Person
May 28, 2008 | Leave a Comment
Are you trying to contact the IRS? Are you tired of waiting on hold for hours only to be told they can't help you? I have a suggestion. Go to your local IRS office in person.
Many people have questions regarding the economic stimulus payment. Some of these people have tried to [...]
May
27
You're expecting a stimulus payment check from the IRS. You filed a joint tax return for 2007. However, you're now divorced and the check is in both of your names. What do you do?
Well, like most checks that are made out to two people, most places (banks, etc) will require both signatures [...]
May
22
It's Not Too Late to Qualify for the Stimulus Payment
May 22, 2008 | 5 Comments
Many Americans can still qualify for the economic stimulus payment. This is good news for those don't normally file a tax return or may have made a mistake on their taxes.
According to a press release from the IRS, IRS Commissioner Doug Shulman wants people to know they still have time to qualify for the [...]
May
14
Stimulus Payment: Do My Children Qualify?
May 14, 2008 | 12 Comments
If you have children, they may earn you an additional $300 each this year. That's because the economic stimulus package allows for an additional payment for each qualifying child in your household.
How will I know if my children qualify?
The IRS has some basic requirements. First the child has to have a valid SSN [...]
May
12
The economic stimulus package payments are on their way to millions of Americans. The IRS has gone out of it's way to ensure everyone knows about it. Those with low incomes can file their taxes online for free just to qualify for the stimulus payment. But what if you make too much [...]
May
9
More frequently asked questions regarding the Economic Stimulus Payment (Rebate): What if my spouse owes money? What will happen to our stimulus payment? Will the IRS keep it all even though part of that money is for me and my children?
The IRS Will Keep Your Money
The IRS can keep your stimulus money [...]
May
8
Is the Economic Stimulus Payment Taxable Income?
May 8, 2008 | 5 Comments
Is the economic stimulus payment (rebate) considered taxable income? A few readers have asked that question so I figured I'd address it.
Economic Stimulus Payment is NOT Taxable Income
The simple answer is that the economic stimulus payment (rebate) is not considered taxable income by the IRS. So you won't have to count the stimulus [...]
May
1
How do you define fiasco? One definition might be the Economic Stimulus Payment from the IRS and the H&R Block Emerald Card. Those taxpayers who've filed with H&R Block and opted to get their tax refund through the H&R Block Emerald Cards are scratching their heads. Will they get their stimulus check [...]
Apr
30
Economic Stimulus Payment - Child Support Questions
April 30, 2008 | 246 Comments
Many questions about the Economic Stimulus Payment keep coming up. Some of the most common involve child support. The questions fall into two categories: owing and receiving child support.
If You or Your Spouse Owes Child Support
The IRS will withhold your payment up to the full amount, if you owe back child support. [...]
Apr
17
IRS Stimulus Payment - Questions and Answers
April 17, 2008 | 415 Comments
I’m still surprised by the number of questions readers have been asking about the economic stimulus payment. Here are a few of the most frequently asked questions with answers. As always, if you have a question, make sure you ask it in the comments section following the article.
Can I Change my Direct Deposit [...]