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Got my tax stimulus money |
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Apr 26 2008, 10:54 AM
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Group: Members
Posts: 84
Joined: 24-December 07
Member No.: 64,733
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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

Credit One Bank- $250 $350 Capital One- $300 $500 $1000 Hooters- $300 Target- $200 Crown Jewelers- $500
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Googie
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Apr 26 2008, 10:54 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, 10:54 AM
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CB ombudsman

Group: Forum Leads
Posts: 18,189
Joined: 8-April 05
From: Florida
Member No.: 15,567
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QUOTE(d00daa @ Apr 26 2008, 10:54 AM)  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.  its ok we were going two directions to reach the same opinion

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Apr 26 2008, 11:20 AM
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Group: Members
Posts: 1,795
Joined: 27-January 08
From: In the Bluegrass
Member No.: 67,195
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QUOTE(tgsweat @ Apr 26 2008, 10:54 AM)  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.

Current Cards(Zero credit before CB! <01-12-2008>)-
NFCU Trifecta | Alliant CU Visa & LOC | LouChem FCU Visa & LOC | ESPN/WaMu | BoA Amex | Justice FCU Visa & LOC | Kroger/RBS | Macy's | Patelco MC | WalMart Discover | Ft. Knox FCU Visa | Associated Bank (Citi) Visa |
Put away for age, closed or converted-
Amazon/Chase, Orchard, iTunes/Juniper, Hooters, Target, Lowes, Dillards, Home Depot/Citi, Kay Jewelers, NewEgg/BillMeLater, HSBC Cashback MC, JCPenny, Toys R Us/Chase, GEMB Low APR MC, CircuitCity Visa/Chase, Priority Club Signature/Chase Chase Freedom Oct. 15th 2008 FICO's(myfico.com)- EQ=705 EX=703 TU=706
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Apr 26 2008, 11:22 AM
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CB ombudsman

Group: Forum Leads
Posts: 18,189
Joined: 8-April 05
From: Florida
Member No.: 15,567
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QUOTE(MaTTeR @ Apr 26 2008, 11:20 AM)  QUOTE(tgsweat @ Apr 26 2008, 10:54 AM)  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

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Apr 26 2008, 11:23 AM
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Group: Members
Posts: 312
Joined: 21-July 05
Member No.: 19,980
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QUOTE(Kiowa @ Apr 26 2008, 08:20 AM)  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...  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.
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Apr 26 2008, 11:29 AM
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Group: Members
Posts: 336
Joined: 2-December 07
Member No.: 63,436
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QUOTE(littlepintobean @ Apr 26 2008, 07:59 AM)  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 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...

credit cards boa amx chase mc ok cu visa
--goal for 2010: 700+ fico! (looks like i won't make it for 2009 :/)
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Apr 26 2008, 11:29 AM
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CB ombudsman

Group: Forum Leads
Posts: 18,189
Joined: 8-April 05
From: Florida
Member No.: 15,567
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QUOTE(Steele @ Apr 26 2008, 11:23 AM)  QUOTE(Kiowa @ Apr 26 2008, 08:20 AM)  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...  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

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Apr 26 2008, 11:32 AM
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Group: Members
Posts: 84
Joined: 24-December 07
Member No.: 64,733
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QUOTE 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

Credit One Bank- $250 $350 Capital One- $300 $500 $1000 Hooters- $300 Target- $200 Crown Jewelers- $500
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Apr 26 2008, 03:18 PM
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Group: Members
Posts: 166
Joined: 25-April 08
From: Washington State, Cascades
Member No.: 73,912
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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!!
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Apr 26 2008, 03:48 PM
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Group: Members
Posts: 1,019
Joined: 21-January 05
From: Illinois
Member No.: 12,222
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QUOTE(hurricanesfans27 @ Apr 26 2008, 10:41 AM)  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 last offset I saw was 4 years ago, so this outta be interesting....

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, 04:00 PM
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Group: Members
Posts: 669
Joined: 21-November 04
From: Dallas TX
Member No.: 10,197
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http://articles.moneycentral.msn.com/Taxes...ebateCheck.aspxRebate 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

 Inq's EQ--0 EX--14 TU--0 Baddies EQ--1 EX--3 TU--2
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Apr 26 2008, 04:03 PM
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Group: Members
Posts: 605
Joined: 24-November 06
Member No.: 41,159
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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.

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Apr 26 2008, 04:30 PM
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Group: Members
Posts: 301
Joined: 15-March 06
From: Queen City
Member No.: 28,727
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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!

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Apr 26 2008, 04:58 PM
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Group: Members
Posts: 928
Joined: 15-December 07
Member No.: 64,282
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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
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Apr 26 2008, 05:04 PM
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Group: Members
Posts: 717
Joined: 19-July 07
From: Riverside, CA
Member No.: 54,752
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QUOTE(sedric1 @ Apr 26 2008, 02:58 PM)  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.
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Apr 26 2008, 05:06 PM
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Group: Members
Posts: 1,259
Joined: 23-February 07
From: New England
Member No.: 45,481
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QUOTE 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.

$116,500 Available Credit {{ TU674 EX707EQ723 }}Amex: $50,000+Gold, PenFed: $20000, Citi: $15000, NEFCU: $15000, Dell: $5000, Barclays: $2000, Chase: $2200, Cap1 : $2000, Macy's Visa: $2000, WaMu: $2000, Discover: $1000, BoA 99/500: $500.
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Apr 26 2008, 05:06 PM
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Group: Members
Posts: 1,259
Joined: 23-February 07
From: New England
Member No.: 45,481
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Direct-deposit payment All sent by May 2
Stop posting your ssn#'s.. they should all post Monday! (Unless the IRS hates you).

$116,500 Available Credit {{ TU674 EX707EQ723 }}Amex: $50,000+Gold, PenFed: $20000, Citi: $15000, NEFCU: $15000, Dell: $5000, Barclays: $2000, Chase: $2200, Cap1 : $2000, Macy's Visa: $2000, WaMu: $2000, Discover: $1000, BoA 99/500: $500.
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Apr 26 2008, 05:43 PM
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Group: Members
Posts: 322
Joined: 3-January 08
From: New York
Member No.: 65,344
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QUOTE(littlepintobean @ Apr 26 2008, 09:09 AM)  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.aspxReally?? I'll be keeping an eye out.

Connie
Scores as of 10/1/08
Experian - 661 Equifax - 562 TransUnion - 662
Capital One - $300 HSBC Mastercard - $450 National City (secured) - $500 Bank of America (p. secured) - $500 Plains Commerce Bank - $440
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Apr 26 2008, 05:52 PM
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Group: Members
Posts: 322
Joined: 3-January 08
From: New York
Member No.: 65,344
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QUOTE(Steele @ Apr 26 2008, 12:23 PM)  QUOTE(Kiowa @ Apr 26 2008, 08:20 AM)  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...  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.

Connie
Scores as of 10/1/08
Experian - 661 Equifax - 562 TransUnion - 662
Capital One - $300 HSBC Mastercard - $450 National City (secured) - $500 Bank of America (p. secured) - $500 Plains Commerce Bank - $440
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Apr 26 2008, 06:14 PM
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Group: Members
Posts: 1,124
Joined: 17-January 08
Member No.: 66,473
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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.

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 26 2008, 06:15 PM
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Group: Members
Posts: 1,124
Joined: 17-January 08
Member No.: 66,473
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QUOTE(Emperess @ Apr 26 2008, 06:52 PM)  QUOTE(Steele @ Apr 26 2008, 12:23 PM)  QUOTE(Kiowa @ Apr 26 2008, 08:20 AM)  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...  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.

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 26 2008, 06:18 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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QUOTE(hardpull @ Apr 26 2008, 06:06 PM)  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#.
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Apr 26 2008, 06:32 PM
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Island Dreamer
Group: Members
Posts: 6,469
Joined: 10-July 05
From: The Marigot
Member No.: 19,456
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QUOTE(inspiringmind @ Apr 26 2008, 07:15 PM)  QUOTE(Emperess @ Apr 26 2008, 06:52 PM)  QUOTE(Steele @ Apr 26 2008, 12:23 PM)  QUOTE(Kiowa @ Apr 26 2008, 08:20 AM)  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... 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.
This post has been edited by Kiowa: Apr 26 2008, 06:55 PM

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Apr 26 2008, 06:36 PM
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Group: Members
Posts: 41
Joined: 5-July 07
From: North Carolina (but I'm really a NJ Girl at heart!)
Member No.: 53,450
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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

BK7 Discharged 12/07 Equifax 634 641 Experian 571 Transunion 576 586
Working on Credit Repair Daily!!
Cap 1 - $500 Orchard - $500 Cap 1 - $500 (AU) CreditOne - $200
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Apr 26 2008, 07:32 PM
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Group: Members
Posts: 223
Joined: 12-July 07
Member No.: 54,087
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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

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
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