May
21
15,000 Stimulus Checks Sent to Wrong People by IRS
May 21, 2008 | 110 Comments
Just when you thought the stimulus payment mess couldn't get any worse, the IRS rises to the challenge and and really screws up. The IRS has apparently sent at least 15,000 checks to the wrong people.
I've been overwhelmed by the number of questions regarding the economic stimulus package and the payments from the IRS. Readers have posted thousands of comments (3,300 at last count) regarding questions, …
Comment by Chris: …
Jul
11
What Happens to My Stimulus Check If I Move?
July 11, 2008 | 8 Comments
Expecting your stimulus check but you've moved since you've filed your taxes ? There are a few things you need to do to make sure you get your stimulus payment.
According to rumors on the internet, the post office is not supposed to forward mail from the IRS. However I have yet to find an authoritative source that supports this.
If you've moved since filing your return, you should put in a change …
Jul
9
The Stimulus Payment Was a Ridiculous Political Stunt
July 9, 2008 | 4 Comments
Now that most of the payments have been sent, we can analyze the Economic Stimulus Package of 2008. Was the economy stimulated? Did the payment really help people? Was it all worth it?
I've answered so many questions about the stimulus payment that I've quite frankly gotten sick of the whole thing. It's ridiculous how much confusion it caused.
We'll never know what kind of impact the stimulus payment had on the economy. The economy of the United States …
Comment by jimb: I think the stimulus payment was a joke. Bush used …
Jun
26
When Will I Get My Stimulus Check?
June 26, 2008 | 31 Comments
The IRS is sending checks to taxpayers through the Economic Stimulus Package. The IRS sent the first wave of payments via direct deposit. Now the IRS is sending out stimulus checks via mail to those who didn't qualify for the direct deposit. Now some people are asking, " where is my stimulus check? " I'll help you find out.
Check the Payment Schedule
Your stimulus check will be mailed based on the …
Comment by Chris: … or more than your stimulus payment you won't get a check. …
Jun
13
The economic stimulus payment program has been a fiasco. Hundreds of readers have shared their horror stories. You'd think the government could figure out how to get checks to people. Put the check in the mail, what's so hard about that? When government gets involved, simple things get complicated fast. If the government can't mail a check right, why would we let the government take over health care ? …
May
29
Where Is My Stimulus Payment?
May 29, 2008 | 104 Comments
Waiting for your Economic Stimulus Payment ? You're not alone. Thousands of comments on this site and others indicate many people are waiting for their stimulus payment. So where are the checks?
Double Check Your Facts
You may be confused by the stimulus payment schedule. Who can blame you, it is confusing. However, you need to make sure you have your facts straight before contacting the IRS.
I've made a …
Comment by Kelly: … (it's for the stimulus payment status), log in with …
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 to cash the check. The key here is to understand the difference between AND and OR. If the check is made out to …
May
13
TurboTax VP Answering Your Stimulus Payment Questions
May 13, 2008 | 21 Comments
… TurboTax. TurboTax has taken a lot of heat from people upset over the confusion surrounding the stimulus payment and TurboTax.
What's the Issue?
Apparently TurboTax allows you to pay your filing fee using your anticipated tax refund. To facilitate this, TurboTax uses a third party bank, Like Santa Barbara Bank And Trust (SBBT) to handle the processing. Essentially, SBBT gets the payment from the IRS and puts your money in your account, minus the fees. That's the basics anyway, …
Comment by Ronald Bilski: … will not get any checks issued to them from the IRS. …
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 in the mail or by direct deposit to the card.
So which is it? The answer depends on who you ask. It's been reported that H&R …
Comment by Julie: … received their stimulus payment that was due to get it …
Mar
26
Your Economic Stimulus Payment
March 26, 2008 | 33 Comments
… decided to give you back some of your money. President Bush and the Congress passed the Economic Stimulus Act of 2008. Every tax payer gets up to a $600 rebate. The rebate goes up to $1200 if you are filing jointly and you could possibly get another $300 for each qualifying child.
While I’m all in favor of getting my money bank from a corrupt and ineffective bureaucracy, I have to take issue with the cost. You may think I’m talking about the cost of the rebate itself. While …