Sep
17
No Second Stimulus Payment Yet
September 17, 2008 | 7 Comments
There is no second stimulus payment as of right now. There have been rumors and several law makers like Chucky "Cheese" Schumer have been lobbying for another payment.
However, both presidential candidates have come out against another stimulus payment. Obama wants a different program instead of sending money directly to people who could use it, he wants the money to go to the state and federal bureaucracies. …
Comment by steve: … spas. they might be able to afford to get on with their …
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 …
Comment by jimb: … think the stimulus payment was a joke. Bush used it to …
Jun
4
Stimulus Payment Notification - What Does It Say?
June 4, 2008 | 16 Comments
… Most days I don't have time to look at the important mail, let alone sort through the junk mail.
Below are pages 1 and 2 of the economic stimulus notification letter. Click on them for a larger view.
Page 1
Page 2
Here's the text of the notification letter:
Dear Taxpayer:
Your Economic Stimulus Payment
You are entitled to an economic stimulus payment of $1,500.00 as provided by the Economic
Stimulus Act of 2008. You can expect your payment by 6/6/08. If you do …
Comment by Chris: … Yes the IRS will detect any money you owe to the …
Jun
1
Where's My Stimulus Payment Tool Worked For Me
June 1, 2008 | 1 Comment
Are you one of the people who've tried to use the " Where's My Stimulus Payment " tool on the IRS website? Did it not work for you? I've had many people report that it didn't work for them, so I decided to try it myself.
Remember that unless you payment is scheduled to be mailed (or deposited) it won't show up on the "where's my stimulus" site.
You should check the Payment Schedule prior to using this application since your payment information will not …
May
29
Where Is My Stimulus Payment?
May 29, 2008 | 108 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 list of the …
Comment by billy: … like it was before why
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 John AND …
Comment by Disgruntled ex: Who can I go to besides the cops? The IRS doesn't have …
May
23
The IRS Stimulus Payment program is a real mess. Many people haven't received their payments. Some haven't received the amount they were supposed to get according to the IRS web site. Some people have questions relating to child support or other debts owed to the government. Many people are searching the internet because they don't know how to contact the IRS by phone.
The IRS stimulus phone number is …
Comment by Chris: William A Patton, I'd love to help you …
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 stimulus payment. They just need to file a tax return.
Can I Still File After April 15th?
Yes. The IRS wants people to know that …
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 ( Social Security Number ). Second the child must have been younger than 17 at the end of 2007.
From the IRS Stimulus Site :
Additional Amounts …
May
13
TurboTax VP Answering Your Stimulus Payment Questions
May 13, 2008 | 22 Comments
… . 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, the …
Comment by Ronald Bilski: … with SBBT, they will not get any checks issued to them …