Got my tax stimulus money

[tgsweat]

I received a big refund so i'm not sure how that applies to me. I guess the calculator doesn't lie, so i will sit back and wait on my $300

[hurricanesfans27]

well at the IRS site is says that if you paid taxes this year and you are single then you get 600, but if you got a refund, then you will get 300. Well I got a refund this year, so I was only expecting 300.

 

 

not exactly .. you can get a refund and still get 600 but you must have PAID a net tax after your withholding.

 

Net tax liability has nothing to do with withholding. From what I understand, it's your tax liability less nonrefundable credits (except the child credit).

 

Whether or not you had overpaid during the year and are now receiving a refund because of it is irrelevant.

 

 

ill repeat what i said if you PAID taxes you get the extra amount .. you can pay taxes and still get a refund

 

We agree. I thought you were using withholding to calculate net liability. Apparently I misunderstood your statement.

 

 

its ok we were going two directions to reach the same opinion

[MaTTeR]

I received a big refund so i'm not sure how that applies to me. I guess the calculator doesn't lie, so i will sit back and wait on my $300

That's money you lent to the government without a dime of interest. You might want to look into adjusting your withholding to make better use of your money. I did mine earlier this year.

[hurricanesfans27]

I received a big refund so i'm not sure how that applies to me. I guess the calculator doesn't lie, so i will sit back and wait on my $300

That's money you lent to the government without a dime of interest. You might want to look into adjusting your withholding to make better use of your money. I did mine earlier this year.

+1

[Steele]

Seems like a person who makes less should get more than a person who makes more per year, but I guess the poor will stay poor lol.

 

No comment.

 

 

+1

 

 

added to say the rich arent getting a dime of the rebates over 75k income or 150k married

 

If thats defined as rich...

 

The day I define $75k as rich is when cars cost $200, a nice 3br house on an acre lot cost $1200, and the average monthly fuel bill is $5.

[visa ftw!]

I use BOA and I see my deposit of $600.00 already.

It says pending, but BOA has cleared it as available to me.

 

It's weird you guys didn't get yours yet--my last 2 are much higher than your lot!

 

 

if you don't mind what are the last two. I am mid way and was wondering when i will get mine. I am guessing friday

 

21.

 

I received $600.00 because I made more than $20,000, I think, but less than75k.

This is off the IRS website itself. Of course, I already had a refund earlier this year, so it doesn't have anything to do with that.

 

I adjusted my withholding this January because, if I hadn't, my paycheck would have been $160 less or so. State taxes increased, but interestingly, so did Federal. Either way, I agree that they don't need an interest free loan from me when I never get that same courtesy...

[hurricanesfans27]

Seems like a person who makes less should get more than a person who makes more per year, but I guess the poor will stay poor lol.

 

No comment.

 

 

+1

 

 

added to say the rich arent getting a dime of the rebates over 75k income or 150k married

 

If thats defined as rich...

 

The day I define $75k as rich is when cars cost $200, a nice 3br house on an acre lot cost $1200, and the average monthly fuel bill is $5.

 

 

babe ruth made 80k a year during his prime. but then again cars didnt cost 30k either lol

[tgsweat]

That's money you lent to the government without a dime of interest. You might want to look into adjusting your withholding to make better use of your money. I did mine earlier this year.

 

The reason I got such a big refund was because I had an summer internship last summer where I was making an equivalent to a 80,000 salary so I had a lot of taxes withheld because of it. So being that I only did this for the summer, it looked like I didn't make a lot for the year but I made a lot within a 3 months period. So in turn I had all these taxes withheld for that 3 month period because of the tax bracket I was in for the time, based on my pay check, that i received a huge tax refund because for the year it look like I only made 16,000 for the year when I actually made that in 3 months. So that being said...I guess i will take my $300 and be happy

[MountainMan_60]

Good for you!! My bank usually posts my direct deposits early also if it falls on a Monday---here's hoping. My last SS# are 04.

 

Have fun with your money everyone!!

[marlin40]

I am in the 00-09 crowd! I can't wait for mine to post at ING, though I am half curious if they are going to keep it because I owed back taxes.

 

 

hp if you owe back taxes you wont get a rebate but it will apply against those taxes

 

Wonder if they'll sieze my ex-dh's for back child support.....

 

 

if he is being offset yes

 

last offset I saw was 4 years ago, so this outta be interesting....

[FPapiSalOC]

http://articles.moneycentral.msn.com/Taxes...ebateCheck.aspx

 

 

 

Rebate delivery schedule

Direct-deposit payment All sent by May 2

Paper check

If the last two digits of your Social Security number are: Your tax rebate check should be in the mail by:

00-09 May 9

10-18 May 23

19-25 May 30

26-38 June 6

39-51 June 13

52-63 June 20

64-75 June 27

76-87 July 4

88-99 July 11

[prudent]

Last two digits of SSN are 19 and my bank is showing the $1200 deposit to be credited on Monday. I e-filed in early April and used direct deposit.

[Celo]

Both DH and I last four of SSN is 04 and 05 respectively, so I expect to see ours some times in the next few days. Now, they just need to approve another stimulus package. LOL!

[sedric1]

i just found out that i owe taxes for 2006 (audit i guess) -does this mean i wont get a stimulus? it happens to be 300 bucks which is what i assume i qualify for

 

last two digits are 95 - so im at the end of the line anyways heh

[kevatucr]

i just found out that i owe taxes for 2006 (audit i guess) -does this mean i wont get a stimulus? it happens to be 300 bucks which is what i assume i qualify for

 

last two digits are 95 - so im at the end of the line anyways heh

 

It appears that they will apply the money to what you owe them. We're in the same shoes at the end of the line; my SSN ends in 92 and they don't have bank info.

[hardpull]

i just found out that i owe taxes for 2006 (audit i guess) -does this mean i wont get a stimulus?

 

Technically you will "receive it", however it will be credited towards any debt you owe the IRS first, so you may not actually get a check, but your debt to uncle sam will go down.

[hardpull]

Direct-deposit payment All sent by May 2

 

Stop posting your ssn#'s.. they should all post Monday! (Unless the IRS hates you).

[Emperess]

all direct deposits are supposed to be done by may 2. and paper checks started next friday. direct deposits done all next week except thursday. most will be done on friday though.

 

http://articles.moneycentral.msn.com/Taxes...ebateCheck.aspx

 

 

Really?? I'll be keeping an eye out.

[Emperess]

Seems like a person who makes less should get more than a person who makes more per year, but I guess the poor will stay poor lol.

 

No comment.

 

 

+1

 

 

added to say the rich arent getting a dime of the rebates over 75k income or 150k married

 

If thats defined as rich...

 

The day I define $75k as rich is when cars cost $200, a nice 3br house on an acre lot cost $1200, and the average monthly fuel bill is $5.

 

 

I don't make anywhere near $75K and even I can totally agree with that.

[inspiringmind]

I did the calculator and it says that me and hubby shoudl get $1800. BUT...he owes child support and they have already flagged that $600 and I filed injured spouse so I would be getting the other $1100, but we owed $701 in taxes this year so they will take that out and give me a check for $499. In any other year we wold have gotten $1100...so that kinda stinks!! But at least I filed my name first this year, cause my last 2 SS# are 36 and hubby's is 51, so now we will be getting the check at the end of May.

[inspiringmind]

Seems like a person who makes less should get more than a person who makes more per year, but I guess the poor will stay poor lol.

 

No comment.

 

 

+1

 

 

added to say the rich arent getting a dime of the rebates over 75k income or 150k married

 

If thats defined as rich...

 

The day I define $75k as rich is when cars cost $200, a nice 3br house on an acre lot cost $1200, and the average monthly fuel bill is $5.

 

 

I don't make anywhere near $75K and even I can totally agree with that.

 

If I made $75K and I didn't get a new house or a new car and have tons of credit cards, then yes, to me, $75K would be rich.

[Doodah]

Direct-deposit payment All sent by May 2

 

Stop posting your ssn#'s.. they should all post Monday! (Unless the IRS hates you).

 

Actually, DD begins Monday. DD will be issued Monday, Tuesday, and Wednesday - depending on your SS#.

[Islandgal]

Seems like a person who makes less should get more than a person who makes more per year, but I guess the poor will stay poor lol.

 

No comment.

 

 

+1

 

 

added to say the rich arent getting a dime of the rebates over 75k income or 150k married

 

If thats defined as rich...

 

The day I define $75k as rich is when cars cost $200, a nice 3br house on an acre lot cost $1200, and the average monthly fuel bill is $5.

 

 

I don't make anywhere near $75K and even I can totally agree with that.

 

If I made $75K and I didn't get a new house or a new car and have tons of credit cards, then yes, to me, $75K would be rich.

 

haha! you don't have too..in some areas its just not a whole lot.

Edited April 26, 2008 by Kiowa

[ChristineW]

I live in North Carolina and they said on the news we should be receiving ours direct deposit Mon, Tues or Weds of next week.

 

wringing fingers trying to decide just which thing I want to buy with it!! can't wait till i see that $1500 in my checking acct!!

 

Christine

[alathea]

Has the IRS just not updated portions of their site? They mention DD starting on the 28th, but they still have the same chart up that shows three DD days of the 2nd, 9th, and 16th. Where are the articles getting their info, I wonder. ....

 

 

 

 

Last two SSN digits: Payment will be transmitted by:

00 through 20 May 2

21 through 75 May 9

76 through 99 May 16