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> Got my tax stimulus money
FuzzyWa
post Apr 28 2008, 09:08 AM
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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
post Apr 28 2008, 09:08 AM
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The MoneyMaker

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alicia671
post Apr 28 2008, 09:10 AM
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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.”


IPB

psychdoc's credit repair school transcripts

tu - 11 4 baddies to go | ex - 9 7 baddies to go | eq - 8 0 baddies to go!!!!

available credit 2/08: $0
available credit 6/08: $50.5k

 
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prudent
post Apr 28 2008, 09:14 AM
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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.


IPB

Click here to find out when different types of baddies expire.

Things have changed significantly in the world of credit. Yesterday's strategies to boost scores may no longer be effective or even appropriate.

 
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Lisa98
post Apr 28 2008, 09:15 AM
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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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Someday800
post Apr 28 2008, 10:09 AM
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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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Chris&Mommy
post Apr 28 2008, 11:02 AM
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Per one of Wachovia’s CSR’s – they are working on depositing 00 today
 
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snowpuppy
post Apr 28 2008, 11:09 AM
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Anyone else expecting DD today & didn't show up? 08 & nothing today.

 
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uptomyneck
post Apr 28 2008, 11:39 AM
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Im 07, BOA, Tutrbotax, independent student with a dependent, paid no tax...no DD showing today. sad.gifsad.gif


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WARNING: My spelling is Terrible!!!

 
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cjterry10
post Apr 28 2008, 11:39 AM
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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.


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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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InfamousNY
post Apr 28 2008, 11:44 AM
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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.


IPB

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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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Arwencita
post Apr 28 2008, 11:49 AM
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I probably will not get mine until the end of the week or next week --- 72


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Getting 1 baddy off of TU - only 3 Inq
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alicia671
post Apr 28 2008, 12:01 PM
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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


IPB

psychdoc's credit repair school transcripts

tu - 11 4 baddies to go | ex - 9 7 baddies to go | eq - 8 0 baddies to go!!!!

available credit 2/08: $0
available credit 6/08: $50.5k

 
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InfamousNY
post Apr 28 2008, 12:21 PM
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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.


IPB

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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resqume1
post Apr 28 2008, 12:26 PM
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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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spikedup
post Apr 28 2008, 12:40 PM
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You guys aren't very patient. If you NEED that money right now, you have some other credit issues. tongue.gif
 
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mamabear
post Apr 28 2008, 12:40 PM
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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. sad.gif

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


IPB

Climbing the mountain only to get pushed back down.... Its gotta get better at some point!
 
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InfamousNY
post Apr 28 2008, 12:42 PM
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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. tongue.gif


i smell a troll.....

This post has been edited by InfamousNY: Apr 28 2008, 12:43 PM


IPB

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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spikedup
post Apr 28 2008, 12:46 PM
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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. tongue.gif


i smell a troll.....


Oh yeah, I'm a troll. glare.gif
 
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inspiringmind
post Apr 28 2008, 12:46 PM
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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. tongue.gif


i smell a troll.....


+1

No kidding, every one no matter what their finances are NEEDS/WANTS money!! laugh.gif


IPB

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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alicia671
post Apr 28 2008, 12:48 PM
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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. sad.gif

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!)


IPB

psychdoc's credit repair school transcripts

tu - 11 4 baddies to go | ex - 9 7 baddies to go | eq - 8 0 baddies to go!!!!

available credit 2/08: $0
available credit 6/08: $50.5k

 
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snowpuppy
post Apr 28 2008, 12:51 PM
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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 tongue.gif

No credit issue, job loss issue & truck made a funny noise last nite that I didn't like. rolleyes.gif
 
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diesel66
post Apr 28 2008, 01:25 PM
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Last two digits of my ssn are 00. No deposit here yet!
 
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spikedup
post Apr 28 2008, 01:33 PM
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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 tongue.gif

No credit issue, job loss issue & truck made a funny noise last nite that I didn't like. rolleyes.gif



Ah. I'm using mine to pay for the taxes I put on my credit card. cool.gif
 
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Arwencita
post Apr 28 2008, 01:43 PM
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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..


IPB

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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Doodah
post Apr 28 2008, 01:43 PM
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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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