government tax rebate
03-21-2008, 02:47 AM
#11
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Yay! I had it direct deposited and my last two digits are 06 so May 2 for me! Mmmm... money.... droooool...... mmm.... new brakes.... droooooooooool.....
Damn, depedent. I wont see any money :(
03-21-2008, 09:56 AM
#13
May 9th for us. I really wish we could opt out of this. This isn't just free money. Whatever you get now will come off whatever income tax return you get in 2009 for your 2008 taxes. Of, if you have to pay in, you pay that amount plus whatever this amount ends up being ($600 or $1200).
03-21-2008, 10:07 AM
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Originally Posted by vital49
May 9th for us. I really wish we could opt out of this. This isn't just free money. Whatever you get now will come off whatever income tax return you get in 2009 for your 2008 taxes. Of, if you have to pay in, you pay that amount plus whatever this amount ends up being ($600 or $1200).
Q. Is my stimulus payment taxable?
A. No. You will not owe tax on your payment when you file your 2008 federal income tax return. But you should keep a copy of the IRS letter you receive later this year listing the amount of your payment. In the event you do not qualify for the full amount this year but you do next year, you will need to have the letter as a record of the amount you previously received.
Q. Will the payment I receive in 2008 reduce my 2008 refund or increase the amount I owe for 2008?
A. No, the stimulus payment will not reduce your refund or increase the amount you owe when you file your 2008 return.
03-21-2008, 11:54 AM
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Re: government tax rebate
Originally Posted by Custom88
Last two SSN digits: Payment will be transmitted:
00 through 20 =May 2
21 through 75 =May 9
76 through 99 =May 16
Last two SSN digits: Payments will be mailed by:
00 through 09 May 16
10 through 18 May 23
19 through 25 May 30
26 through 38 June 6
39 through 51 June 13
52 through 63 June 20
64 through 75 June 27
76 through 87 July 4
88 through 99 July 11
00 through 20 =May 2
21 through 75 =May 9
76 through 99 =May 16
Last two SSN digits: Payments will be mailed by:
00 through 09 May 16
10 through 18 May 23
19 through 25 May 30
26 through 38 June 6
39 through 51 June 13
52 through 63 June 20
64 through 75 June 27
76 through 87 July 4
88 through 99 July 11
By the time the poor "88 through 99" class gets their money, the dollar will be worth 10% less than the wealthy "00 through 09" class. Call your congressman! Call the papers!
Hey wait, May 9 for me...screw you suckers :P
03-21-2008, 12:04 PM
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Originally Posted by vital49
May 9th for us. I really wish we could opt out of this. This isn't just free money. Whatever you get now will come off whatever income tax return you get in 2009 for your 2008 taxes. Of, if you have to pay in, you pay that amount plus whatever this amount ends up being ($600 or $1200).
This whole thing does have a sort of Third-World, banana republic feel to it though, doesn't it? What'* next, a re-valuation of the currency?
