Economic Stimulus Payments (Yay! more money, more fish)

  • We are currently upgrading MFK. thanks! -neo
I Think

Single $300
file joint $600

$300 for each depending you claim.
 
ka-ching! Thank you m'dear.
 
StIcKy~RiCe;1767670; said:
I Think

Single $300
file joint $600

$300 for each depending you claim.

Wrong, its up to 600 for single depending on how much you make and 1200 for joint filing. A friend of mine got her's already and got the whole 600 and she has no dependents.
 
lol..That's why i said "I Think" lol.
 
:popcorn:
 
Boo, I let my mom claim me as she helped out with tuition last year. Even though technically I had a dependant my self, I couldnt claim her cause I'm not married yet and her mom claimed her. Im getting screwed, but that is ok cause my fiancee is getting back $5400 this year!
 
Economic Stimulus Payments Information Center

Updated May 6, 2008
Payments in Progress

Economic stimulus payments will continue on a weekly basis through July. The last two-digits of your Social Security number and whether you opted for direct deposit into your financial account or a paper check will determine when you receive your payment. Find out when you should receive yours, or check on the status of your payment, right here on the Payment schedule.
Questions about your payment or direct deposit? See these Frequently Asked Questions.
Economic Stimulus Payment Calculator

Want to estimate the amount of your payment? Have a copy of your 2007 tax return handy and access the Economic Stimulus Calculator.
Expecting your payment? A new, interactive, online tool, called Where’s My Stimulus Payment?, is now available for you to check the amount and status of your economic stimulus payment. However, please wait to use this tool until on or after the scheduled date of your payment as listed in the schedule (link above), since your payment
information will not be available on the tool until that time. Check out Where's My Stimulus Payment?
Overview

Starting in late April, the Treasury will begin sending economic stimulus payments to more than 130 million households. To receive a payment, taxpayers must have a valid Social Security number, $3,000 of income and file a 2007 federal tax return. IRS will take care of the rest. Eligible people will receive up to $600 ($1,200 for married couples), and parents will receive an additional $300 for each eligible child younger than 17. Millions of retirees, disabled veterans and low-wage workers who usually are exempt from filing a tax return must do so this year in order to receive a stimulus payment.
Even though April 15 has passed, there is still time for retirees, disabled veterans and others who normally do not file a tax return to submit a 2007 form to receive an economic stimulus payment.
The Basics


Need some quick and basic information? We have it for you right here.
  • Basic Information on the Stimulus Payments
  • IR-2008-18, IRS Will Send Stimulus Payments Automatically Starting in May; Eligible Taxpayers Must File a 2007 Tax Return to Receive Rebate
  • FS-2008-15, Facts about the 2008 Stimulus Payments
  • IR-2008-21, More Information on Stimulus Payments Posted to IRS.gov; New Details for Recipients of Social Security, Veterans Benefits
  • IR-2008-28, Special Economic Stimulus Letters Reach Mailboxes in March
  • IR-2008-37, Special Economic Stimulus Payment Packages Go to Social Security, Veterans Recipients
Stimulus Payment Scenarios



What does it look like for you? You May Be Eligible Even if You Normally Do Not File a Tax Return


If you have at least $3,000 in certain types of income, you may be eligible for the economic stimulus payment. You also may be able to use Free File - Economic Stimulus Payment. See the special types of benefits or income that qualify below:





This is some good reading on it too :)
 
MonsterFishKeepers.com