May
1
IRS Where's My Stimulus Payment Web Page
May 1, 2008 | 216 Comments
The IRS has created a new web page to help you track the status of your stimulus payment. This should help answer a lot of those "where's my stimulus payment" questions.
The web page is located on the IRS web site. Here is the link to the Where's My Stimulus Payment? page.
You will need [...]
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
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 [...]
Apr
29
IRS Stimulus Payment Rebate Calculator
April 29, 2008 | 37 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 [...]
Apr
28
Bush Announces Faster Payment Schedule for Stimulus Payments
April 28, 2008 | 351 Comments
President Bush announced that stimulus payments will be issued faster than previously announced. Tax filers who chose direct deposit can start receiving their payments as soon as April 28th.
I've updated the payment table from my original article on the stimulus payments below. You'll notice that the last payment coincides with the Independence Day [...]
Apr
14
IRS Stimulus Payment: Direct Deposit Questions
April 14, 2008 | 216 Comments
You have to fill out the direct deposit section on the tax return to get the stimulus payment directly deposited.
Q. Can I have my Stimulus Payment direct deposited?
A. Stimulus Payments will be direct deposited for taxpayers who select that option when filing their 2007 tax returns. Taxpayers who already filed and requested direct deposit won't [...]
Apr
14
IRS Stimulus Payment: How Much Will You Get?
April 14, 2008 | 41 Comments
I’ve received a huge number of questions over the IRS stimulus payments. One of the most frequently asked questions is: How much will I get? Most of the questions I’ve received come from people on disability, retirement or in other lower income situations.
Please see my article on the stimulus payment details for [...]
Mar
28
IRS Economic Stimulus Payment Details
March 28, 2008 | 248 Comments
The IRS has released the details on how it’s implementing the Economic Stimulus Package payments. Due to the questions I received on the previous article on the Economic Stimulus Package I’ve decided to write on article that focuses on the details of the plan. I’ll address the FAQs (frequently asked questions) that I’ve [...]
Mar
26
Your Economic Stimulus Payment
March 26, 2008 | 34 Comments
Uncle Sam has 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 [...]