May
29
Where Is My Stimulus Payment?
May 29, 2008 | 86 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 Chris: …
Apr
30
TurboTax Direct Deposit Stimulus Payment Questions
April 30, 2008 | 278 Comments
Due to the large number of questions regarding direct deposit tax refunds, the economic stimulus payment and TurboTax, I've written another article dedicated to TurboTax questions.
What is TurboTax?
Many people file their taxes with TurboTax. I've always used TaxCut by H&R Block but I'm sure the services are very similar. TurboTax is software that you can use either on your desktop (you bought it at BestBuy or Wal Mart and installed it on your computer) or you …
Apr
29
IRS Stimulus Payment Rebate Calculator
April 29, 2008 | 35 Comments
I’ve told a lot of readers with questions about the economic stimulus payment to use the IRS Economic Stimulus Payment Calculator. Specifically the payment calculator should tell you if you qualify for the stimulus payment and the amount of the stimulus payment you will receive. I decided I should try the calculator myself and see if I qualify and how much I will get.
Using the Stimulus Payment Calculator
The IRS Economic Stimulus Payment …
Jul
11
What Happens to My Stimulus Check If I Move?
July 11, 2008 | 2 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 | 24 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 payment schedule below. Most people …
Comment by Chris: … is no second stimulus payment as of right now. Good …
Jun
20
Retired and Veterans Need To File For Stimulus
June 20, 2008 | Leave a Comment
… has accounted for all but 5 million retirees and disabled veterans who might qualify for the stimulus payment. The IRS is trying to reach this people to encourage them to get their rebate money. If you are one of these people or know someone who is, here is what you need to do to get the stimulus check.
File Taxes
In most cases it's as easy as filing taxes. Many retired people and veterans don't file taxes because their benefits are not taxable. However, for the stimulus …
Jun
16
IRS Withholds $842 Million in Stimulus Payments
June 16, 2008 | 7 Comments
If you're missing your stimulus check, you're not alone. The IRS is withholding $842 Million from stimulus payments. How do you know if you're stimulus payment will be withheld?
According to this CNN/Money article, stimulus payments have been withheld from 1.5 million people. Over 50% of the money has gone for back child support .
About 54% of the cash intercepted will be funneled to states for …
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 ? …
Jun
10
6 Ways to Spend Your Stimulus Money
June 10, 2008 | Leave a Comment
By now a majority of Americans have received their stimulus payments from the IRS. If you're wondering what to do with that money, I have some suggestions.
Start an Emergency Fund.
Everybody needs an emergency fund. Dave Ramsey recommends at least $1,000 until you pay off your debts then you need 3 to 6 months of income. I recommend you put as much as you can into an emergency fund. In reality $1,000 is a good start but …