Posts tagged as:

tax rebates

Ask the taxgirl: Why didn’t I receive all of my rebate?

8 May 2008

Taxpayer asks:
Hi Kelly!
I just received my tax rebate, but it was for $600 and I am a single mom so I though it would be $900. I was just wondering how I go about figuring out which amount is correct. Will I receive the $300 later for my son?
You are the only website [...]

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The IRS Has New Answers About Rebates

8 May 2008

The IRS has updated its website to address questions about rebates. Mostly, it’s the same old story – no real news on why payments may not be on time. But there are some concrete answers about Refund Anticipation Loans (RALs), Refund Anticipated Checks (RACs) and tax preparer issued debit cards.
I’ve posted about Refund [...]

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Ask the taxgirl: Outstanding Loans and Rebates

5 May 2008

Taxpayer asks:
Heeello! I was wondering if it is true that my stimulus payment could be taken for outstanding hospital bills I have yet to pay? If so, “How will that help boost the economy?”
Thanks for your time…
Taxgirl says:
The short answer is no. Rebates are being withheld or reduced for federal obligations such as [...]

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Congress Considers Second Stimulus Package

4 May 2008

As tax rebate checks are slowly (with a huge emphasis on slowly) making their way to taxpayers, Congress is considering a second round of relief. This relief would be targeted to homeowners facing foreclosure as well as increased spending on bridges, roads and transit systems.
There may be renewed interest in foreclosure relief because of recent [...]

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God Wants Your Rebate Check (and Your Refund Check)

1 May 2008

Well, at least according to Pastor Steve Munsey on TBN…
 
Are you ready to “give your way out of trouble?” Comments?

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The Incredible Shrinking Tax Rebate: Why It Isn’t What You Thought It Would Be

30 April 2008

I’ve been getting a lot of email questions about the rebates that imply that all taxpayers are entitled to the full rebate. This is not the case. Here are some guidelines that might answer many of your questions…
You may receive a rebate if:
1, You have a valid Social Security number.
2, You file a 2007 tax [...]

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Important Rebate Information

30 April 2008

I have received a ton of emails asking about the status of the tax rebates, many sounding quite desperate.
First of all, I have to say that the level of concern about the timing of payments is really discouraging and indicative of the severe state of our economy. Taxpayers are telling me that they need [...]

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Ask the taxgirl: Extending/Amending Returns and Rebates

29 April 2008

Taxpayer asks:
Hello,
I have a daughter born 3/3/06. There has been a delay in her birth cert. due to name change which also means I have not been able to acquire a ss# for her.
I am going to do an amendment for the past 2 tax years once I receive the proper documents (birth cert, [...]

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First Rebate Checks to be Deposited Today

28 April 2008

The first wave of rebate payments will be direct deposited today. You can check the revised payment schedule here.
It will be interesting to see how the market reacts – if at all – to the anticipated buoyed spending.
Of course, as President Bush has now acknowledged that most folks will spend the rebates on necessities [...]

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Rebate Schedule Changes

25 April 2008

Recession? What recession?
President Bush has announced that the delivery of the rebate checks will happen sooner than initially planned. The checks will be distributed beginning Monday, four days earlier than expected.
Paper checks will be mailed May 9, one week earlier than expected.
Here’s the breakdown.
For direct deposit:

For paper checks:

Four days earlier… Do you [...]

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