 Got my tax stimulus money |
Important Announcement:
|
  |
 Apr 27 2008, 07:02 AM
Post
#101
|
|
|
Group: Members
Posts: 654 Joined: 14-October 05 Member No.: 23,174  |
QUOTE(wake86 @ Apr 26 2008, 11:33 PM)  college students will not be getting stimulated. You're going about college all wrong then. 
This post has been edited by The Hamburglar: Apr 27 2008, 07:02 AM   Overwhelemed, lost,and don't know where to start? Try here, here, and here. The "what the hell are you guys talking about" CB Dictionary |
  
|
|
| Googie |
Apr 27 2008, 07:02 AM
Post
#
|
|
The MoneyMaker
Group: Accounting
Posts: One in Every Topic Joined: 1-February 03 From: Mountain Home, CA Member No.: 1 |
|
|
|
|
|
Apr 27 2008, 07:05 AM
Post
#102
|
|
|
Group: Members
Posts: 271 Joined: 12-February 07 Member No.: 44,869 |
QUOTE(prudent @ Apr 26 2008, 05:03 PM) 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. Thanks for posting this. I also e-filed. I was wondering how that would work. Hope to see mine on Monday.  I am supposed to get $1200 also. YAYYYYYY
Personal: 8/13/07 EQ-551, TU-562, EX-568
2/7/08 EQ-549, TU-603, EX-628 Slowly, but surely rising Post CB: CJ, Orchard MC |
|
|
|
|
Apr 27 2008, 07:25 AM
Post
#103
|
|
|
Group: Members
Posts: 254 Joined: 7-June 07 Member No.: 51,344 |
My oldest daughter was in the first batch of direct deposits, so hopefully she'll get hers Monday. Our bank (since expanding and buying out smaller banks) seems to run a day behind now...
 They used to be great about direct deposits - 1 minute after midnight the deposit would show - now I log in sometimes after 9 am and it's still not there. Anyway, I was scheduled in the 2nd round of dd's - May 9th, so hopefully I'll get mine sooner! |
|
|
|
|
Apr 27 2008, 07:56 AM
Post
#104
|
|
|
Group: Members
Posts: 462 Joined: 29-July 07 Member No.: 55,422 |
QUOTE(Athena775 @ Apr 27 2008, 01:01 AM) Ok I am going to chime in on this in regards to amounts of payments and eligibility. The amount of your payment is directly related to your tax liability prior to any tax credits like the CTC. If you are a single taxpayer earning more than $3000 you will get a minimum of $300 and a maximum of $600. For example I know a person whose tax liability was $450, so her rebate will be $450. I personally paid $1100 in taxes so I will get the full $600. For married filing jointly the minimum you can get is $600 and a maximum is $1200. If you have dependent children you get $300 per child. If a person such as a full time student is claimed on their parent's taxes then they are not eligible for a payment even if they file their own return. I hope I helped clear things up. Just to clarify, the dependent child must also qualify for the child tax credit. For example, my 2 children are still dependents on my tax return, but niether qualify me for the $300.00 because they are both over 17 and do not meet the child tax credit criteria.  FICOs 09/23/2007 TU = 620 EQ = 632 EX = 638 03/19/2008 TU = 641 EQ = 648 EX = 647 06/22/2008 TU = 656 EQ = 651 EX = 666 (I knew they were the devil!) 12/01/2008 TU = 718 EQ = 734 EX = 676 (@$!# EX!) 02/05/2009 TU = 735 EQ = 725 EX = 678 (Frozen!) 08/25/2009 TU = 740 EQ = 721 EX = No Can Do Consumer! |
|
|
|
|
Apr 27 2008, 08:57 AM
Post
#105
|
|
|
Group: Members
Posts: 1,156 Joined: 6-May 07 Member No.: 49,324 |
Not intending to rain on anyone's parade: What about the bigger picture blinded by this chump change our gov is throwing at us?
"Meanwhile the oil companies and the pharmaceutical companies and the war profiteers are making insane record profits, while [the XYZ Administration] sits around the dinner table with Saudi royals, drinking fine wine and eating the tender flesh of babies," proclaimed Flossdaily on Digg. |
|
|
|
|
Apr 27 2008, 09:12 AM
Post
#106
|
|
|
Group: Members
Posts: 3,300 Joined: 15-August 05 From: Land of Kids Member No.: 21,114 |
hey, we have to keep this thread non political.....
 |
|
|
|
|
Apr 27 2008, 09:34 AM
Post
#107
|
|
|
Group: Members
Posts: 201 Joined: 27-December 07 From: Florida Member No.: 64,887 |
QUOTE(tgsweat @ Apr 26 2008, 10:42 AM) I wish I could get $600, I only qualify for $300. 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. I'm a student so i will take whatever I can get I have never understood why people who pay very little in taxes feel they should get even larger amounts back. Percentage-wise they have a tremendous advantage. My understanding is that if you only got a $300 that means you had less than a $600 tax liability in 07. So you are getting over half your taxes back!! Thats HUGE!! On the other hand a family like mine with 1 child who works extremely hard to put together a 70k income and pays over 10k in taxes gets less than 15% returned. If I were you I'd be a bit grateful to the rest of us who are working so hard so you can have between 50 and 100% of your tax liability returned. uh-oh ... I'm broke .... does this mean I'm going back to the milk crate and cable wheel furniture?
|
|
|
|
|
Apr 27 2008, 09:36 AM
Post
#108
|
|
|
CB ombudsman
 Group: Forum Leads
Posts: 18,189 Joined: 8-April 05 From: Florida Member No.: 15,567 |
QUOTE(KevinInFlorida @ Apr 27 2008, 09:34 AM) QUOTE(tgsweat @ Apr 26 2008, 10:42 AM) I wish I could get $600, I only qualify for $300. 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. I'm a student so i will take whatever I can get I have never understood why people who pay very little in taxes feel they should get even larger amounts back. Percentage-wise they have a tremendous advantage. My understanding is that if you only got a $300 that means you had less than a $600 tax liability in 07. So you are getting over half your taxes back!! Thats HUGE!! On the other hand a family like mine with 1 child who works extremely hard to put together a 70k income and pays over 10k in taxes gets less than 15% returned. If I were you I'd be a bit grateful to the rest of us who are working so hard so you can have between 50 and 100% of your tax liability returned. lets not go there . we are not going to have a war between the classes in here. |
|
|
|
|
Apr 27 2008, 09:57 AM
Post
#109
|
|
|
Group: Members
Posts: 1,120 Joined: 29-May 07 From: Texas!!!! Member No.: 50,677 |
Wooot!!!
 It's getting here earlier than I thought. And just in time to pay off my Amex bill so I can get a $0 balance on my reports. Sucks that I have to use it to pay off a bill, but eliminating debt is just as good.  Cards approved for since joining CB: Crown Jewelers 6/21/7 $2,500 Macy's 6/29/7 $100->$300->$1000->$1700->$2200->$2900->$3,600 HSBC 7/2/7 $300 -> $400 Target Red Card 7/3/7 $300 Hooters 8/20/7 $1,100->$1,300->$1,600->$1,800->$2,000->$2,300 Amex Lowes 6/12/8 $600->$1150->$1600->$3200 Total Credit: $14,300 Member of the "Official CRAP1 Haters Club" |
|
|
|
|
Apr 27 2008, 09:58 AM
Post
#110
|
|
|
Group: Members
Posts: 4,192 Joined: 11-March 07 From: My Desk Member No.: 46,332 |
QUOTE(Jon77 @ Apr 27 2008, 09:57 AM) Wooot!!! It's getting here earlier than I thought. And just in time to pay off my Amex bill so I can get a $0 balance on my reports. Sucks that I have to use it to pay off a bill, but eliminating debt is just as good. Sucks that I and everyone else here is paying your Amex bill. 
Hello World
Have you had an American Express FINANCIAL REVIEW? Vote here ==> http://creditboards.com/forums/index.php?showtopic=248300 |
|
|
|
|
Apr 27 2008, 10:17 AM
Post
#111
|
|
|
Group: Members
Posts: 6,366 Joined: 8-February 03 From: fla Member No.: 109 |
I would have to agree the top dog has lost his mind ......
|
|
|
|
|
Apr 27 2008, 10:27 AM
Post
#112
|
|
|
Bad Influence II
Group: Members
Posts: 16,407 Joined: 7-March 06 Member No.: 28,383 |
QUOTE(EarnIt @ Apr 26 2008, 05:46 PM) We were supposed to get our DD by May 16th so anything early is bonus to me. Myself, DW, and 3 children = $2100.00.  DD was born Dec. 30th (Just in Time). She is such a sweet little tax credit. You know you had your wife induced -- for tax-planning purposes.
|
|
|
|
|
Apr 27 2008, 10:32 AM
Post
#113
|
|
|
Group: Members
Posts: 1,120 Joined: 29-May 07 From: Texas!!!! Member No.: 50,677 |
QUOTE(Xecuter2 @ Apr 27 2008, 09:58 AM) QUOTE(Jon77 @ Apr 27 2008, 09:57 AM) Wooot!!! It's getting here earlier than I thought. And just in time to pay off my Amex bill so I can get a $0 balance on my reports. Sucks that I have to use it to pay off a bill, but eliminating debt is just as good. Sucks that I and everyone else here is paying your Amex bill. Yea, maybe I should just say screw it and spend it on beer n bitches! To the newdie bar!!!! This post has been edited by Jon77: Apr 27 2008, 10:32 AM Cards approved for since joining CB: Crown Jewelers 6/21/7 $2,500 Macy's 6/29/7 $100->$300->$1000->$1700->$2200->$2900->$3,600 HSBC 7/2/7 $300 -> $400 Target Red Card 7/3/7 $300 Hooters 8/20/7 $1,100->$1,300->$1,600->$1,800->$2,000->$2,300 Amex Lowes 6/12/8 $600->$1150->$1600->$3200 Total Credit: $14,300 Member of the "Official CRAP1 Haters Club" |
|
|
|
|
Apr 27 2008, 11:32 AM
Post
#114
|
|
|
Group: Members
Posts: 2,567 Joined: 11-February 07 From: GETTER DONE!!!!!..................... ....800-TKS Member No.: 44,846 |
QUOTE(The Hamburglar @ Apr 27 2008, 08:02 AM) QUOTE(wake86 @ Apr 26 2008, 11:33 PM) college students will not be getting stimulated . You're going about college all wrong then. Don't you get credits for that.
.
 . |
|
|
|
|
Apr 27 2008, 11:37 AM
Post
#115
|
|
|
Group: Members
Posts: 84 Joined: 11-April 08 From: Charlotte NC Member No.: 72,850 |
Yeah that sucks that us making over 75K a year wont get as much as you making peanuts. Although, I can now secure a FHA loan for over 700K which used to be only around 450K. That extra 250K in FHA backed loan amount will save me 1-1.5% interest a year which will translate to over 20K in interest savings over the life of my loan. Enjoy your 600 bucks! HA!
The rich win again......... This post has been edited by drdre1443: Apr 27 2008, 11:38 AM |
|
|
|
|
Apr 27 2008, 11:59 AM
Post
#116
|
|
|
Bad Influence II
Group: Members
Posts: 16,407 Joined: 7-March 06 Member No.: 28,383 |
QUOTE(800county @ Apr 27 2008, 09:32 AM) QUOTE(The Hamburglar @ Apr 27 2008, 08:02 AM) QUOTE(wake86 @ Apr 26 2008, 11:33 PM) college students will not be getting stimulated . You're going about college all wrong then. Don't you get credits for that.Non classroom credits. Should get at least two. |
|
|
|
|
Apr 27 2008, 12:05 PM
Post
#117
|
|
|
Group: Members
Posts: 381 Joined: 27-November 07 From: NC Member No.: 63,123 |
Well I'm bummed now
I had my refund DD into two separate accounts so I have to wait for a paper stimulus.  Oh well, I'm grateful that I qualify! ~Jess
|
|
|
|
|
Apr 27 2008, 12:06 PM
Post
#118
|
|
|
Group: Members
Posts: 223 Joined: 12-July 07 Member No.: 54,087 |
Since im in the middle of an FHA refinance...how will borrowing more save you interest? Im not following, unless its strictly because of score. Doesn't "more borrowed = more interests > more to pay later?"
Sorry, its Sunday and I have a Software demo that I have to do tomorrow to graduate so Im still up...... CAS First Premiers x 2 = 550.00
People's Trust 500.00 CJ 1500.00 Chase MWR 250.00 Walmart/GEMB 500.00 PP Buyers Credit/GEMB 500.00 Hooters MC 500.00 Orchard 300.00 ----------------------------------------------------------- 04/24 Equifax 542 Experian 650 TU 634 05/03 Equifax 629 Experian 650 TU 634 |
|
|
|
|
Apr 27 2008, 01:17 PM
Post
#119
|
|
|
Group: Members
Posts: 3,300 Joined: 15-August 05 From: Land of Kids Member No.: 21,114 |
QUOTE(Jess6 @ Apr 27 2008, 12:05 PM) Well I'm bummed now I had my refund DD into two separate accounts so I have to wait for a paper stimulus. Oh well, I'm grateful that I qualify! I just thought they split it up between the 2 separate accounts????? |
|
|
|
|
Apr 27 2008, 01:21 PM
Post
#120
|
|
|
Group: Members
Posts: 1,189 Joined: 4-November 07 Member No.: 61,650 |
QUOTE(cfj503 @ Apr 27 2008, 02:17 PM) QUOTE(Jess6 @ Apr 27 2008, 12:05 PM) Well I'm bummed now I had my refund DD into two separate accounts so I have to wait for a paper stimulus. Oh well, I'm grateful that I qualify! I just thought they split it up between the 2 separate accounts????? Nope. They do not know how to split it, so paper check it is. |
|
|
|
|
Apr 27 2008, 03:50 PM
Post
#121
|
|
|
Group: Members
Posts: 74 Joined: 2-March 08 Member No.: 69,903 |
QUOTE(EarnIt @ Apr 26 2008, 08:46 PM) We were supposed to get our DD by May 16th so anything early is bonus to me. Myself, DW, and 3 children = $2100.00. DD was born Dec. 30th (Just in Time). She is such a sweet little tax credit. Max payment is $1800 its still nice though! My Positive Tradelines!
DCU Visa $2000 Eastern Bank Auto $15000 HSBC - $320 Best Buy (HSBC) $320 Macy's $200 |
|
|
|
|
Apr 27 2008, 05:09 PM
Post
#122
|
|
|
Group: Members
Posts: 200 Joined: 27-August 04 From: NoVA Member No.: 8,070 |
QUOTE(ES4Life @ Apr 27 2008, 04:50 PM) QUOTE(EarnIt @ Apr 26 2008, 08:46 PM) We were supposed to get our DD by May 16th so anything early is bonus to me. Myself, DW, and 3 children = $2100.00. DD was born Dec. 30th (Just in Time). She is such a sweet little tax credit. Max payment is $1800 its still nice though! The IRS tells me I'm getting $2100. Where is the max of $1800 info coming from?  |
|
|
|
|
Apr 27 2008, 05:17 PM
Post
#123
|
|
|
Group: Members
Posts: 489 Joined: 22-July 06 From: Cambridge, MA Member No.: 35,285 |
QUOTE(Ladybug @ Apr 27 2008, 06:09 PM) The IRS tells me I'm getting $2100. Where is the max of $1800 info coming from? I haven't seen anything that says there is a limit. |
|
|
|
|
Apr 27 2008, 05:18 PM
Post
#124
|
|
|
Group: Members
Posts: 200 Joined: 27-August 04 From: NoVA Member No.: 8,070 |
QUOTE(spikedup @ Apr 27 2008, 06:17 PM) QUOTE(Ladybug @ Apr 27 2008, 06:09 PM) The IRS tells me I'm getting $2100. Where is the max of $1800 info coming from? I haven't seen anything that says there is a limit. Me either 
|
|
|
|
|
Apr 27 2008, 05:22 PM
Post
#125
|
|
|
Group: Members
Posts: 699 Joined: 25-April 05 From: Georgia Member No.: 16,300 |
QUOTE(Ladybug @ Apr 27 2008, 06:09 PM) QUOTE(ES4Life @ Apr 27 2008, 04:50 PM) QUOTE(EarnIt @ Apr 26 2008, 08:46 PM) We were supposed to get our DD by May 16th so anything early is bonus to me. Myself, DW, and 3 children = $2100.00. DD was born Dec. 30th (Just in Time). She is such a sweet little tax credit. Max payment is $1800 its still nice though! The IRS tells me I'm getting $2100. Where is the max of $1800 info coming from? If you're married filing jointly, have 3 dependent children, paid at least $1200 in taxes, and had and AGI of less than 150K, you should get $2100  |
|
|
|
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:
|
Skin by: Dragonfly © all rights reserved.
© Copyright 2003 - 2008 Creditboards.com. All rights reserved. No portion of this site may be reproduced without explicit permission from the owners. The content of creditboards.com is subject solely to the personal whim of its admins. We reserve the right, at our sole discretion, to remove any and all posts or comments, at any time, for any reason which takes our entirely capricious fancy, or for no particular reason whatsoever, without restriction. Comments or questions regarding the site may be addressed to admin@creditboards.com.
| Lo-Fi Version | Time is now: 21st November 2009 - 11:47 AM |