 Got my tax stimulus money |
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 Apr 26 2008, 09:59 AM
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#26
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Group: Members
Posts: 267 Joined: 1-April 08 Member No.: 72,123  |
QUOTE(visa ftw! @ Apr 26 2008, 09:42 AM)  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  |
  
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| Googie |
Apr 26 2008, 09:59 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 26 2008, 10:03 AM
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#27
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Group: Members
Posts: 156 Joined: 29-January 08 Member No.: 67,376 |
hmm..the link above to moneycentral says all dd will be done by May 2, but the irs has'nt updated there website to say that.
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Apr 26 2008, 10:06 AM
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#28
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Baby Maker
 Group: Mod Squad
Posts: 2,281 Joined: 18-January 06 From: So Cal Member No.: 26,186 |
So I have myself, my wife, and my son on my 2007 tax return. We filed "Married filing jointly" and claimed our son as a dependent. So we should be getting $1500, right? According to the IRS calculator it says $900. What gives with that!?
Before CB: $1.5k in revolving relationships
Since CB: $41.5k in revolving relationships, prime rate car loan, etc.. 636(TU), 639(EQ), ICE(EX) Positive thoughts breed positive actions - Me You gotta rise above it, you gotta harvest the good energy and block out the bad. Harvest energy, block bad. Feel the flow, feel it, it's circular. Its like a carousel. You pay the quarter, you get on the horse, and you go up and down and around...in a circular circle with the music, the flow, all good things. I don't have to be me, till Monday. - Steve Azar |
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Apr 26 2008, 10:07 AM
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#29
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Group: Members
Posts: 231 Joined: 6-June 06 From: TX Member No.: 32,572 |
04-25-2008 US TREASURY 220 (TAX REFUND) 600.00
YAYYYYYYYYYYYYYYYY.. I was only suppose to get 300 back, but I'll take 600 "...all my life I had to fight..."
$126K+ in Available Credit EX - fico 644 06/07; 681 6/08 TU - fico 654 06/07; 692 6/08 EQ - fico 659 06/07; 731 6/08; 729 10/08; 724 11/08 |
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Apr 26 2008, 10:10 AM
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#30
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Group: Members
Posts: 4,192 Joined: 11-March 07 From: My Desk Member No.: 46,332 |
QUOTE(Chris in CA @ Apr 26 2008, 10:06 AM) So I have myself, my wife, and my son on my 2007 tax return. We filed "Married filing jointly" and claimed our son as a dependent. So we should be getting $1500, right? According to the IRS calculator it says $900. What gives with that!? Income factors in... The amount you get goes down after you reach certain income points. Hello World
Have you had an American Express FINANCIAL REVIEW? Vote here ==> http://creditboards.com/forums/index.php?showtopic=248300 |
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Apr 26 2008, 10:11 AM
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#31
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Credit Kid
Group: Members
Posts: 998 Joined: 15-August 07 From: Pennsylvania Member No.: 56,625 |
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 BTW, how do you determine how much you are getting? Everything I have seen says up to $600, but nothing I have read says what determines how much one gets back. |
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Apr 26 2008, 10:13 AM
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#32
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Baby Maker
Group: Mod Squad
Posts: 2,281 Joined: 18-January 06 From: So Cal Member No.: 26,186 |
QUOTE(Xecuter2 @ Apr 26 2008, 08:10 AM) QUOTE(Chris in CA @ Apr 26 2008, 10:06 AM) So I have myself, my wife, and my son on my 2007 tax return. We filed "Married filing jointly" and claimed our son as a dependent. So we should be getting $1500, right? According to the IRS calculator it says $900. What gives with that!? Income factors in... The amount you get goes down after you reach certain income points. That's crap! 
Before CB: $1.5k in revolving relationships
Since CB: $41.5k in revolving relationships, prime rate car loan, etc.. 636(TU), 639(EQ), ICE(EX) Positive thoughts breed positive actions - Me You gotta rise above it, you gotta harvest the good energy and block out the bad. Harvest energy, block bad. Feel the flow, feel it, it's circular. Its like a carousel. You pay the quarter, you get on the horse, and you go up and down and around...in a circular circle with the music, the flow, all good things. I don't have to be me, till Monday. - Steve Azar |
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Apr 26 2008, 10:13 AM
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#33
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Bad Influence II
Group: Members
Posts: 16,407 Joined: 7-March 06 Member No.: 28,383 |
QUOTE(tgsweat @ Apr 26 2008, 07:42 AM) 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. |
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Apr 26 2008, 10:17 AM
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#34
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CB ombudsman
 Group: Forum Leads
Posts: 18,187 Joined: 8-April 05 From: Florida Member No.: 15,567 |
QUOTE(marcustx @ Apr 26 2008, 10:13 AM) QUOTE(tgsweat @ Apr 26 2008, 07:42 AM) 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 |
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Apr 26 2008, 10:19 AM
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#35
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Group: Members
Posts: 84 Joined: 24-December 07 Member No.: 64,733 |
QUOTE BTW, how do you determine how much you are getting? Everything I have seen says up to $600, but nothing I have read says what determines how much one gets back. http://www.irs.gov/irs/article/0,,id=180250,00.html Go to this link and if you look down the page there is another link that says something like online calculator Credit One Bank-
Capital One- Hooters- $300 Target- $200 Crown Jewelers- $500 |
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Apr 26 2008, 10:20 AM
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#36
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Island Dreamer
Group: Members
Posts: 6,469 Joined: 10-July 05 From: The Marigot Member No.: 19,456 |
QUOTE(hurricanesfans27 @ Apr 26 2008, 11:17 AM) QUOTE(marcustx @ Apr 26 2008, 10:13 AM) QUOTE(tgsweat @ Apr 26 2008, 07:42 AM) 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... 
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Apr 26 2008, 10:21 AM
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#37
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Group: Members
Posts: 231 Joined: 6-June 06 From: TX Member No.: 32,572 |
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.
"...all my life I had to fight..."
$126K+ in Available Credit EX - fico 644 06/07; 681 6/08 TU - fico 654 06/07; 692 6/08 EQ - fico 659 06/07; 731 6/08; 729 10/08; 724 11/08 |
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Apr 26 2008, 10:24 AM
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#38
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Group: Members
Posts: 26 Joined: 16-April 08 Member No.: 73,220 |
Here's my Q, I didn't make any money this year, I did file my taxes but it ended up being for a negative amount. Am I still eligible?
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Apr 26 2008, 10:24 AM
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#39
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Group: Members
Posts: 84 Joined: 24-December 07 Member No.: 64,733 |
QUOTE 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. well maybe I still have a chance to get $600 although i did get a refund, but the calculator said $300. I guess I will find out within the next week Credit One Bank-
Capital One- Hooters- $300 Target- $200 Crown Jewelers- $500 |
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Apr 26 2008, 10:24 AM
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#40
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CB ombudsman
Group: Forum Leads
Posts: 18,187 Joined: 8-April 05 From: Florida Member No.: 15,567 |
QUOTE(Curve_Soul @ Apr 26 2008, 10:21 AM) 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. |
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Apr 26 2008, 10:30 AM
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#41
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Group: Members
Posts: 11,333 Joined: 20-November 04 Member No.: 10,186 |
QUOTE(hurricanesfans27 @ Apr 26 2008, 10:24 AM) QUOTE(Curve_Soul @ Apr 26 2008, 10:21 AM) 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. Exactly. If you got a refund of all the taxes you paid in then you will get a rebate of $300, otherwise $600. EX, TU, and EQ, frozen until.............further notice
"The man who said it can't be done should not interrupt the woman doing it." |
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Apr 26 2008, 10:32 AM
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#42
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Group: Members
Posts: 576 Joined: 25-June 06 Member No.: 33,673 |
QUOTE(Curve_Soul @ Apr 26 2008, 10:21 AM) 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. Where do you see this? From what I understand, it's based on tax liability, not withholding.  |
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Apr 26 2008, 10:32 AM
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#43
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Group: Members
Posts: 1,019 Joined: 21-January 05 From: Illinois Member No.: 12,222 |
QUOTE(hurricanesfans27 @ Apr 26 2008, 08:35 AM) QUOTE(hardpull @ Apr 26 2008, 08:22 AM) 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.....
Our FICO Scores 1/25/05 6/18/05 8/17/05 11/26/05 01/10/06 03/12/06 4/17/06 6/9/08 TU 516 589 598 596 610 597 623 521 EQ 506 591 600 620 623 618 620 540 EX 552 634 634 629 648 634 638 559 bk7 filed 4/04 discharged 8/04 DH'S 11/26/05 01/10/06 03/12/06 04/17/06 6/23/07 8/15/07 6/9/08 TU 617 623 624 648 605 665 578 EQ 569 586 594 606 596 637 491 EX 584 594 608 604 582 642 534 6/9/08's scores......A prime example of what high balances will do..... |
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Apr 26 2008, 10:32 AM
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#44
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Group: Members
Posts: 4,192 Joined: 11-March 07 From: My Desk Member No.: 46,332 |
QUOTE(braden @ Apr 26 2008, 10:24 AM) Here's my Q, I didn't make any money this year, I did file my taxes but it ended up being for a negative amount. Am I still eligible? I think income in 2007 must be > $3000. Have you checked the IRS website? You ask all these questions, yet the website will tell you the answers... 
Hello World
Have you had an American Express FINANCIAL REVIEW? Vote here ==> http://creditboards.com/forums/index.php?showtopic=248300 |
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Apr 26 2008, 10:41 AM
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#45
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CB ombudsman
Group: Forum Leads
Posts: 18,187 Joined: 8-April 05 From: Florida Member No.: 15,567 |
QUOTE(marlin40 @ Apr 26 2008, 10:32 AM) QUOTE(hurricanesfans27 @ Apr 26 2008, 08:35 AM) QUOTE(hardpull @ Apr 26 2008, 08:22 AM) 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 |
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Apr 26 2008, 10:45 AM
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#46
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Group: Mod Squad
Posts: 568 Joined: 6-May 07 From: Middle GA Member No.: 49,347 |
We had our stimulus amount calculated by my mom's office (she works for a CPA). They did a worksheet for it, which works like the calculator. We are getting $1800.
$1200 for married filing jointly $300 for each child We received a refund this year for $757 and we are still getting the full amount.  Mine. |
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Apr 26 2008, 10:46 AM
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#47
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Group: Members
Posts: 576 Joined: 25-June 06 Member No.: 33,673 |
QUOTE(hurricanesfans27 @ Apr 26 2008, 10:24 AM) QUOTE(Curve_Soul @ Apr 26 2008, 10:21 AM) 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. |
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Apr 26 2008, 10:49 AM
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#48
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CB ombudsman
Group: Forum Leads
Posts: 18,187 Joined: 8-April 05 From: Florida Member No.: 15,567 |
QUOTE(d00daa @ Apr 26 2008, 10:46 AM) QUOTE(hurricanesfans27 @ Apr 26 2008, 10:24 AM) QUOTE(Curve_Soul @ Apr 26 2008, 10:21 AM) 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 |
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Apr 26 2008, 10:50 AM
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#49
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CB ombudsman
Group: Forum Leads
Posts: 18,187 Joined: 8-April 05 From: Florida Member No.: 15,567 |
QUOTE(cristy @ Apr 26 2008, 10:45 AM) We had our stimulus amount calculated by my mom's office (she works for a CPA). They did a worksheet for it, which works like the calculator. We are getting $1800. $1200 for married filing jointly $300 for each child We received a refund this year for $757 and we are still getting the full amount. +1 exactly |
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Apr 26 2008, 10:54 AM
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#50
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Group: Members
Posts: 576 Joined: 25-June 06 Member No.: 33,673 |
QUOTE(hurricanesfans27 @ Apr 26 2008, 10:49 AM) QUOTE(d00daa @ Apr 26 2008, 10:46 AM) QUOTE(hurricanesfans27 @ Apr 26 2008, 10:24 AM) QUOTE(Curve_Soul @ Apr 26 2008, 10:21 AM) 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. 
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