Prepare to keep waiting. A flurry of dismal news including a somber May jobs report and a less than encouraging report from Federal Reserve Chairman Ben Bernanke sent stocks and spirits lower midweek. Traditionally, that combination of factors leads to talk of a federal stimulus to give the economy a bit of a shot in…
Taxpayer asks: Punched in all the numbers in TurboTax for my 2008 taxes. The first thing It asked was how much my 2008 Economic Stimulus rebate check was ($2100). Surprise, surprise, it reduced my 2008 refund by $2100. According to the IRS web site the rebate should not effect by 2008 refund plus or minus….
Taxpayer asks: my friends told me that the IRS is deducting the stimulus check money from your 08 return! I thought it was free money! And now we have to give it back? Taxgirl says: Deep breaths. You don’t have to give it back. Here’s the confusion… The last set of stimulus checks in 2001…