Checked my bank account this morning and found $600 courtesy of the govt.

YaY for you! I don't think I will see mine until July

Cool! What is the last 2 digits of your ss#? DH's is 11 but no deposit in our acct yet!

05. Its really has a post date of 4/28 but WaMu went ahead and credited it. Bet they want the transaction fees from debit card charges this weekend.

Cool. Thought May 2nd was the earliest date they stated?

wish i had mine

Bush made a statement yesterday stating that he was upping the inital payout date by a week, to help those who are being stung by the increase in food prices and gas.

Starting 4/28 for direct deposits now. http://www.irs.gov/irs/article/0,,id=180250,00.html

On Friday they were reporting the checks going out early. I figured I would see my money sometime next week at the earliest.

^ Great news, especially for those who have families. Thanks for the info.

Are the earlier payouts only for the first batch (first group of folks to get direct deposit based on the SSN)? Or do they push for all payments. I'm in the second batch to receive DD, originally scheduled for around May 9? Does this mean it will get pushed one week earlier, too?

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.aspx

we can spend ours together - we're in the next to last batch. and it will be by check as i had them keep my overpayment for next year.

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

The IRS has cashed the check I sent them -- but I don't put it past them to not apply that check quickly enough. Some day I will get my rebate!

I didn't get mine yet and I am in the first batch and I used direct deposit for my returns. So hopefully soon

Tlast 2 digits of my SS# is 04 and I haven't rec'd mine yet and I used direct deposit.

youll get it this week

WaMu is odd. They sometimes credit my paycheck early too. Anyway this is what my account says. Sure beats the amount I got on my tax refund in Feb.

4/28/2008 US TREASURY 220 TAX REFUND XXXXXxx05 +$600.00

edited my ssn

my bank does my deposits for payroll two days early every time and i dont mind too bad the refund wasnt that way

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!

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

You would think so, but we're still going to pay tax on this rebate next year, so whatever, I guess!

There is no tax on this rebate for next year!
Many think there is, but its not. Its free money.

BUT, we all pay for it at somepoint in someway

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

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.

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!?

04-25-2008 US TREASURY 220 (TAX REFUND) 600.00



YAYYYYYYYYYYYYYYYY.. I was only suppose to get 300 back, but I'll take 600

Income factors in... The amount you get goes down after you reach certain income points.

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.

That's crap!

No comment.

+1


added to say the rich arent getting a dime of the rebates over 75k income or 150k married

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

If thats defined as rich...

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.

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?

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

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.

Where do you see this?

From what I understand, it's based on tax liability, not withholding.

Wonder if they'll sieze my ex-dh's for back child support.....

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...

if he is being offset yes

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.

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

+1 exactly

We agree. I thought you were using withholding to calculate net liability. Apparently I misunderstood your statement.