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Got my tax stimulus money |
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Apr 28 2008, 09:08 AM
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Group: Members
Posts: 62
Joined: 23-July 06
Member No.: 35,332
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I am wondering if anyone did get the second letter from the IRS saying how much their payment would be? I only got the first one.
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Googie
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Apr 28 2008, 09:08 AM
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The MoneyMaker
Group: Accounting
Posts: One in Every Topic
Joined: 1-February 03
From: Mountain Home, CA
Member No.: 1
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Apr 28 2008, 09:10 AM
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Group: Members
Posts: 1,011
Joined: 5-February 08
From: Harrisburg, PA
Member No.: 67,913
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House Democratic Caucus Chairman Rahm Emanuel, D-Illinois, said, “We need an economic program that rebuilds America and offers real help to the middle class. The Democratic Congress will now begin work on a second stimulus package to help American families and get our economy back on track.”
A Democratic leadership aide says House leaders have been discussing the need for another stimulus, but have not reached any decisions on what they want included in it. Some measures likely to be considered include funding for infrastructure projects, unemployment assistance, and food stamps.
A House GOP leadership aide said it’s too early to talk about another stimulus bill. “It's still a couple of weeks until the checks from the last stimulus bill hit people's mailboxes. If they [the Democrats] have ideas on things to help the economy we're happy to talk to them, but we see no need for additional legislation at this point.”

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Apr 28 2008, 09:14 AM
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Group: Members
Posts: 605
Joined: 24-November 06
Member No.: 41,159
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QUOTE(FuzzyWa @ Apr 28 2008, 10:08 AM)  I am wondering if anyone did get the second letter from the IRS saying how much their payment would be? I only got the first one. I did not get a second letter but my rebate is already in the bank. I assume the letter will show up later.

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Apr 28 2008, 09:15 AM
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Group: Members
Posts: 1,580
Joined: 16-July 06
From: IL
Member No.: 34,898
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Nothing in our account yet. But our original date was May 16th. So maybe on Wed or Fri. for our payment. We only recieved one letter stating we'd get a payment, never got the other stating how much.
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Apr 28 2008, 10:09 AM
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Group: Members
Posts: 254
Joined: 7-June 07
Member No.: 51,344
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Daughter is in the low 00's and she had nothing today. Oh well, maybe tomorrow. She could really use it.
I was supposed to be in the 2nd batch originally going out on May 9th. Hoping I'll get it soon.
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Apr 28 2008, 11:02 AM
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Group: Members
Posts: 63
Joined: 3-April 06
From: New Jersey
Member No.: 29,623
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Per one of Wachovia’s CSR’s – they are working on depositing 00 today
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Apr 28 2008, 11:09 AM
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Group: Members
Posts: 659
Joined: 12-December 03
Member No.: 2,723
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Anyone else expecting DD today & didn't show up? 08 & nothing today.
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Apr 28 2008, 11:39 AM
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Group: Bloggers
Posts: 936
Joined: 15-September 06
From: PA
Member No.: 38,149
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Im 07, BOA, Tutrbotax, independent student with a dependent, paid no tax...no DD showing today. 

WARNING: My spelling is Terrible!!!
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Apr 28 2008, 11:39 AM
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Group: Members
Posts: 271
Joined: 12-February 07
Member No.: 44,869
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QUOTE(snowpuppy @ Apr 28 2008, 12:09 PM)  Anyone else expecting DD today & didn't show up? 08 & nothing today. 03 here and nothing yet.

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
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Apr 28 2008, 11:44 AM
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Group: Members
Posts: 2,569
Joined: 13-February 07
Member No.: 44,947
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QUOTE(cjterry10 @ Apr 28 2008, 11:39 AM)  QUOTE(snowpuppy @ Apr 28 2008, 12:09 PM)  Anyone else expecting DD today & didn't show up? 08 & nothing today. 03 here and nothing yet. Maybe they are a little behind of schedule.

2/15/09 PFICO 755(+37) 1/03/09 EX 738(+12) 11/20/09 EQ 728(+10) 10/13/09 TU 735(+21) Total Credit: 185450 Heavy Hitters - PenFed 45k Merrill+ 35k Chase 30k USAA 25k Citi 21.26k Best Buy 14k Inq: Ex: 4 EQ: 4 TU: 3
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Apr 28 2008, 11:49 AM
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Group: Members
Posts: 335
Joined: 12-April 07
Member No.: 48,106
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I probably will not get mine until the end of the week or next week --- 72

Before CB: Rewards 660 - $500 CL (terms sucked but it was for rebuilding) After CB: Target Red - $ 200 CL $500 CL Orchard - $300 CL Hooters - $750 CL $950 CL Carnival Sea Miles - $500 CL Macy's - $300 CL Emigrant Direct - $400 CL - during Junami Capital One - $300 $500 CL Bloomingdales $300 CL Kays - $800 CL Jared - $800 CL Working on: Getting 4 baddies off of EX (AHH!!!) - ON ICE!!! Getting 1 baddy off of TU - only 3 Inq Getting 2 baddies off of EQ - 20 12 Inq. Getting old addresses off CR
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Apr 28 2008, 12:01 PM
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Group: Members
Posts: 1,011
Joined: 5-February 08
From: Harrisburg, PA
Member No.: 67,913
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They are depositing Monday, Tuesday, Weds and Friday of this week, so we all still have some time. Maybe the first deposits were just randoms in 00-19. I read it was 800,000 people each day, and Friday was 5 million.
This post has been edited by alicia671: Apr 28 2008, 12:01 PM

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Apr 28 2008, 12:21 PM
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Group: Members
Posts: 2,569
Joined: 13-February 07
Member No.: 44,947
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QUOTE(alicia671 @ Apr 28 2008, 12:01 PM)  They are depositing Monday, Tuesday, Weds and Friday of this week, so we all still have some time. Maybe the first deposits were just randoms in 00-19. I read it was 800,000 people each day, and Friday was 5 million. So seems odds are majority of us have to wait till friday then.

2/15/09 PFICO 755(+37) 1/03/09 EX 738(+12) 11/20/09 EQ 728(+10) 10/13/09 TU 735(+21) Total Credit: 185450 Heavy Hitters - PenFed 45k Merrill+ 35k Chase 30k USAA 25k Citi 21.26k Best Buy 14k Inq: Ex: 4 EQ: 4 TU: 3
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Apr 28 2008, 12:26 PM
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Group: Members
Posts: 156
Joined: 29-January 08
Member No.: 67,376
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I just read the same article and am wondering if that accounts for everybody getting dd or just the first batch. I am in the second batch and was REALLY hoping to have it this week. An earlier article I read said all dd will be done this week...
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Apr 28 2008, 12:40 PM
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Group: Members
Posts: 489
Joined: 22-July 06
From: Cambridge, MA
Member No.: 35,285
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You guys aren't very patient. If you NEED that money right now, you have some other credit issues.
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Apr 28 2008, 12:40 PM
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Group: Members
Posts: 106
Joined: 24-September 07
From: FL
Member No.: 59,177
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QUOTE(alicia671 @ Apr 28 2008, 09:41 AM)  QUOTE(InfamousNY @ Apr 28 2008, 09:36 AM)  I wonder how the initial direct deposits were determined last week cause u should have had urs on friday. Yeah, has me a little worried. Have used TurboTax with direct deposit for the last 5 years, same bank account. Filed as head of household, one dependent child.  I used Turbo Tax too and I have been told conflicting information about this. I've been told that it will be a paper check (it said that on TT websote) because they went through SBBT to process the deposits, but their customer service said it would be direct deposit. SBBT said they really have no idea how it will be paid. Its a major PITA for me because I'm in the process of moving, expected DD, they dont fwd the checks and it takes 4-6 weeks to process address changes. DH and I are 12 and 06 and so far nothing. We shall see

Climbing the mountain only to get pushed back down.... Its gotta get better at some point!
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Apr 28 2008, 12:42 PM
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Group: Members
Posts: 2,569
Joined: 13-February 07
Member No.: 44,947
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QUOTE(spikedup @ Apr 28 2008, 12:40 PM)  You guys aren't very patient. If you NEED that money right now, you have some other credit issues.  i smell a troll.....
This post has been edited by InfamousNY: Apr 28 2008, 12:43 PM

2/15/09 PFICO 755(+37) 1/03/09 EX 738(+12) 11/20/09 EQ 728(+10) 10/13/09 TU 735(+21) Total Credit: 185450 Heavy Hitters - PenFed 45k Merrill+ 35k Chase 30k USAA 25k Citi 21.26k Best Buy 14k Inq: Ex: 4 EQ: 4 TU: 3
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Apr 28 2008, 12:46 PM
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Group: Members
Posts: 489
Joined: 22-July 06
From: Cambridge, MA
Member No.: 35,285
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QUOTE(InfamousNY @ Apr 28 2008, 01:42 PM)  QUOTE(spikedup @ Apr 28 2008, 12:40 PM)  You guys aren't very patient. If you NEED that money right now, you have some other credit issues.  i smell a troll..... Oh yeah, I'm a troll.
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Apr 28 2008, 12:46 PM
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Group: Members
Posts: 1,124
Joined: 17-January 08
Member No.: 66,473
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QUOTE(InfamousNY @ Apr 28 2008, 01:42 PM)  QUOTE(spikedup @ Apr 28 2008, 12:40 PM)  You guys aren't very patient. If you NEED that money right now, you have some other credit issues.  i smell a troll..... +1 No kidding, every one no matter what their finances are NEEDS/WANTS money!!

Look! I finally have all my FICO scores!! I officially have the "8" credit cards in my wallet that the "average" American has.  
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Apr 28 2008, 12:48 PM
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Group: Members
Posts: 1,011
Joined: 5-February 08
From: Harrisburg, PA
Member No.: 67,913
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QUOTE(mamabear @ Apr 28 2008, 01:40 PM)  QUOTE(alicia671 @ Apr 28 2008, 09:41 AM)  QUOTE(InfamousNY @ Apr 28 2008, 09:36 AM)  I wonder how the initial direct deposits were determined last week cause u should have had urs on friday. Yeah, has me a little worried. Have used TurboTax with direct deposit for the last 5 years, same bank account. Filed as head of household, one dependent child.  I used Turbo Tax too and I have been told conflicting information about this. I've been told that it will be a paper check (it said that on TT websote) because they went through SBBT to process the deposits, but their customer service said it would be direct deposit. SBBT said they really have no idea how it will be paid. Its a major PITA for me because I'm in the process of moving, expected DD, they dont fwd the checks and it takes 4-6 weeks to process address changes. DH and I are 12 and 06 and so far nothing. We shall see I thought about this. My bf had his go through the SBBT, but mine, I paid that extra $20 or whatever it was up front (instead of having it taken out of my refund) and mine was direct deposited by IRS directly, not Santa Barbara. I will post if he gets his, although his last digits are 76 (his goes into my account ha woo!)

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Apr 28 2008, 12:51 PM
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Group: Members
Posts: 659
Joined: 12-December 03
Member No.: 2,723
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Thanks for all the responses letting me know I'm not alone! There is so much talent on this board, someone will figure out the distribution & create an Excel spreadsheet with links before the end of the day No credit issue, job loss issue & truck made a funny noise last nite that I didn't like.
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Apr 28 2008, 01:25 PM
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Group: Members
Posts: 393
Joined: 22-April 07
From: Atl, Georgia
Member No.: 48,621
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Last two digits of my ssn are 00. No deposit here yet!
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Apr 28 2008, 01:33 PM
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Group: Members
Posts: 489
Joined: 22-July 06
From: Cambridge, MA
Member No.: 35,285
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QUOTE(snowpuppy @ Apr 28 2008, 01:51 PM)  Thanks for all the responses letting me know I'm not alone! There is so much talent on this board, someone will figure out the distribution & create an Excel spreadsheet with links before the end of the day No credit issue, job loss issue & truck made a funny noise last nite that I didn't like.  Ah. I'm using mine to pay for the taxes I put on my credit card.
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Apr 28 2008, 01:43 PM
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Group: Members
Posts: 335
Joined: 12-April 07
Member No.: 48,106
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I will be paying down balances and getting new tires for DH truck, and saving the rest I think..... Should get $1500 according to IRS calculator. We will see..

Before CB: Rewards 660 - $500 CL (terms sucked but it was for rebuilding) After CB: Target Red - $ 200 CL $500 CL Orchard - $300 CL Hooters - $750 CL $950 CL Carnival Sea Miles - $500 CL Macy's - $300 CL Emigrant Direct - $400 CL - during Junami Capital One - $300 $500 CL Bloomingdales $300 CL Kays - $800 CL Jared - $800 CL Working on: Getting 4 baddies off of EX (AHH!!!) - ON ICE!!! Getting 1 baddy off of TU - only 3 Inq Getting 2 baddies off of EQ - 20 12 Inq. Getting old addresses off CR
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Apr 28 2008, 01:43 PM
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Group: Members
Posts: 2,355
Joined: 30-June 07
From: The book says I'm from Mars
Member No.: 53,056
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Will I have to pay it back?
No. And here's why.
Your stimulus payment is a one-time tax cut - an advance on a credit you'll receive on your 2008 return. You will not owe tax on your payment when you file your 2008 tax return, and it will not increase the amount you owe or reduce your 2008 refund.
The stimulus payment is based on your 2007 income initially. If it turns out that your 2008 income and number of children would have qualified you for a larger rebate than the one you received, you'll be sent the difference. If it turns out your 2008 income was lower than in 2007 and you should have gotten a lower rebate, you get to keep the difference.
"If you were supposed to receive a larger payment than you did, you will get the extra money," said Treasury spokesman Andrew DeSouza. "If you received more than what you should have gotten, you will not be penalized."
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