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
7
Didn't get your full economic stimulus payment this year? Good news, you have a second chance to get your stimulus money in 2009.
Didn't Get the Full Stimulus Payment?
Many people didn't get the full stimulus payment. There are several reasons for this. A large number of people had to file amended tax returns. [...]
May
6
How I Spent My Stimulus Payment
May 6, 2008 | 6 Comments
With all the serious questions about the IRS Stimulus Package, I was getting a little burned out. I thought I'd take a break from the serious stuff and instead look at the other side. What are people spending their stimulus payment on?
I came across this website where people are posting about how they [...]
May
6
It seems a lot of people still have questions about how the amount of the stimulus payment is determined. The IRS provides a calculator on it's web site. So it's easy to find out how much should should get, but it's not so easy to see why you are getting that amount.
The IRS [...]
May
5
I've received several questions about the possibility of a second economic stimulus package. Many people want to know if it's true or just a rumor. Here's what we know right now.
The "First" Economic Stimulus Package
The Economic Stimulus Package was passed by Congress in early 2008. Among other things, it mandates direct cash [...]
May
3
IRS Economic Stimulus Payment Article Index
May 3, 2008 | 9 Comments
There is a lot of confusion and no shortage of questions about the IRS economic stimulus payment. I'm try to keep up with the questions but it's become a full time job. This article is an index of the important links related to the stimulus payment.
Too Many Questions
At first I tried to answer [...]
May
2
IRS Where’s My Stimulus Payment Web Page Broken?
May 2, 2008 | 525 Comments
The IRS recently launched it's Where's My Stimulus Payment page. I was thankful because I'm wearing out my keyboard answering questions from readers. However, several readers have commented that it appears to be broken.
Does Where's My Stimulus Payment Work?
I've received several questions from readers, asking if the stimulus payment tracker actually works. [...]
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 [...]