Re: about this 1200 rebate
Same question here, but I'm assuming they'll mail it anyways.
Re: about this 1200 rebate
you pay the US. the checks are mailed or direct deposited on a completely separate schedule. if you are getting the stimulus payment and owe money, pay the irs before you rack up penalties for late payment.
though most people will probably put it towards replenishing their bank account after paying tax (like if you owe 3k, many people will just put the 1200 in so it's like paying out only 1800), the point was for you to use the 1200 on a plasma screen, so you have to pay tax first and then wait for the stimulus payment to appear on your doorstep separately.
Re: about this 1200 rebate
does everyone get this stimulus check or what?
Re: about this 1200 rebate
If you filed a return for 2007 and made less than $75,000.00 you will get a $600 check. If you are married, filed your 2007 return and made less than $150,000.00 you will get a $1,200.00 check. If you didn't make enough to have to actually pay taxes but paid into SS / Medicare and filed for 2007 you will get a $300.00 check.....thats the way I understand it.
Re: about this 1200 rebate
^^^ one addition ... in order to get a stimulus check you also have to file a 2007 tax return showing more than $3000 in gross income.
I would also add that while these stimulus checks are nominally being called 'tax rebates', in actuality the payment of these stimulus checks is totally unrelated to tax refunds or tax debts. As others have pointed out, you cannot use an anticipated stimulus check to offset taxes owed.
Re: about this 1200 rebate
Just saw on TV they will start electronically crediting rebate checks to those who included their banking numbers starting tomorrow (April 26, 2008.) Paper checks to begin May 9 or something like that.
Re: about this 1200 rebate
Quote:
Originally Posted by
Deogol
Just saw on TV they will start electronically crediting rebate checks to those who included their banking numbers starting tomorrow (April 26, 2008.) Paper checks to begin May 9 or something like that.
sweet. i heard theyre going by the last 2 digits of your ss number. is this true?
ETA. NM I just answered my own question. Heres a chart showing when you will receive your money. Mine is by May 9th. Woohoo!
Re: about this 1200 rebate
hey mel since i filed my taxes in with my chapter 13 BR will i be getting one or is that a big no?
Re: about this 1200 rebate
so i wonder if u have to pay taxes on the 1200?
Re: about this 1200 rebate