Comments on: Economic Stimulus Tax Rebate Calculator

By: Phil

Phil — Tue, 03 Mar 2009 02:50:54 +0000

I only rec’d $300 in 08. I entered that. The feds rejected and said i rec’d $600? Dropped my return$200. WTF?

By: MJ

MJ — Fri, 13 Feb 2009 14:31:33 +0000

My husband and I filed jointly. We did not receive any money last year. We have rental income (we rent units to tenants), and is shown on our tax return as Rents, partnerships, etc. We did pay taxes, yet the line that says taxable income is $0.

In our case, Form 1040 Line 37 is around $17,000

We don’t have forms 1040A or 1040EZ

Why didn’t we get any money from the stimulus check and is there something we could do different this year?

Thanks a lot for your help!

By: Flexo

Flexo — Mon, 02 Feb 2009 14:20:24 +0000

Becky: Your son doesn’t owe the rebate back — he’s just not getting it twice. This has been explained here.

By: becky

becky — Mon, 02 Feb 2009 12:28:43 +0000

BY DOING MY SONS 08′ TAXES, WE DISCOVERED THAT THE REBATE CHECK HE RECEIVED, NOW HAS TO BE PD. BACK ON HIS TAXES…..BE GLAD YOU DIDN’T GET ONE. I DIDN’T EITHER. WASN’T A REBATE BUT A LOAN…..AMERICANS ARE GOING TO BE OUT RAGED!

By: Tony

Tony — Sun, 18 Jan 2009 04:27:54 +0000

wife and I filed on extension OCT 15 // I got my refund of my taxes. like $300.

then a letter stating I will be getting a $1,200 stimulus check (that we qualified for a $1200 stimulus check) within 4-6 weeks by 11/09/2009

still nothing

is it 4-6 weeks from 11-09?

I have no liens or past payments, so I dont know why I have no check.

By: Deb

Deb — Sun, 09 Nov 2008 09:33:24 +0000

Well, I have news. We owe back taxes back in 1996 and 1997, and have a Federal Lien against us, since we never had enough money to pay it all back, even though we struggled to pay 800 to 1000 monthly until we finally ended up filing bankruptcy. We did not receive the stimulus check because we owed the IRS back taxes.

By: 1945

1945 — Wed, 15 Oct 2008 04:38:57 +0000

My husband and are retired. He received $ 600, while I did not. My SS benefits are greater than his. Why I did not receive $ 600? Thank you. I will look for answer. Sincerely
1945

By: Mr. WILLIE

Mr. WILLIE — Mon, 13 Oct 2008 19:44:19 +0000

We got $600. and were suppose to get $1500., so I forwarded a letter to them and within one month the other $900. was in the mailbox. I didn’t get a letter from them, so we didn’t know the check was coming until I saw it in the mailbox. They corrected their mistake as soon as they received my letter.

By: ekay

ekay — Mon, 08 Sep 2008 01:23:55 +0000

social security retirees and veterans and railroad retirees could get the payment, but what about the civil service federal retirees? someone forget about us getting a payment -

By: Kathy

Kathy — Thu, 10 Jul 2008 18:22:46 +0000

My husband receives social security and a pension with no taxes taken out. I work part time. We rec’d a stimulus check for $600. I was under the impression that we would receive $1200, so it that because he has no taxes taken out of his income (pensions & ss

By: Kathy Guisto

Kathy Guisto — Fri, 27 Jun 2008 13:55:16 +0000

What a joke! My husband and I make approximately $50,000 (-/+) and owe each year. We are making installment payments, and now $1200 is supposed to be credited to that. We received no notification and of course nothing is ever said on news. Neil Cavuto – Fox News – had it right. Keep the $$ — ones getting it will probably just use it to go deeper into debt.

By: Wendy Claflin

Wendy Claflin — Mon, 23 Jun 2008 16:21:41 +0000

I recieved a tax bill for $318.00 which I paid & the check was paid. I had recieved a notice that I was to recieve a stimulus check for $413.00. The check I recieved was for only $93.41.
How can I recieve the balance?

By: RJ

RJ — Mon, 23 Jun 2008 04:09:41 +0000

Something doesn’t compute in your story. Did you use the estimator at the top of this page and arrive at the same $1200 rebate? Are you sure you have no loans, back taxes due, anything like that? Can’t remember exactly what they have a right to withhold but it’s somewhere on this page. I got the statement in the mail a few days after I received the direct deposit so you still may get it this week. If everything else checks out and you still think you are in the right, I think you can appeal or apply it towards next year’s taxes. Check with your accountant or contact IRS.

By: Frustrated

Frustrated — Sat, 21 Jun 2008 23:10:42 +0000

sorry…more like less than 14%…

By: Frustrated

Frustrated — Sat, 21 Jun 2008 20:06:11 +0000

I don’t understand the IRS at all. I don’t understand how they calculate anything. This stimulus plan is ridiculous. My wife and I used the calculator provided on the IRS website. It indicates we should be receiving $1200. According to my social security number, it should have been direct deposited by May 16. I understand the IRS is supposed to have sent a notice indicating the amount that will be received (we have never received one). We have no outstanding payments.

We received a direct deposit yesterday, June 20, for $157.
I do not know the rationale and cannot fathom what it might be for us to receive less than 10% of what the IRS calculator indicated.

By: Ghosthawk4

Ghosthawk4 — Thu, 19 Jun 2008 23:55:35 +0000

This so-called economic stimulus has got me furious. I know I cant be the only one owe taxes/government loan. This money should be free and clear of any obligations to the government–after all, isn’t it suppose to try and stimulate the economy?

First they tell me “Oh you have this much coming back to you!” In practically the same breath, “Oh wait! You owe us, so we’re just going to take this money back from you!”

Why the hell even bother notifying I’m getting money I wont see a dime of? How stupid–and a waste of taxpayer bucks to print and mail the form–is that?

By: Toby

Toby — Sat, 14 Jun 2008 21:57:52 +0000

The way I understand it, you will get the rebate in 2009. They are going to recalculate the rebate in 2009 and subtract what you received this year. I’ve heard conflicting things about how they are going to handle the rebates in 2009. I read somewhere that the rebates will be handled the same way, and I’ve also read that they are going to be a credit on the tax return in 2009.

By: ryan

ryan — Sat, 14 Jun 2008 05:02:58 +0000

Question: I am 23 years old, a college student, worked in 2007 and made over $3000. I can still be claimed as a dependent by my parents. Here is the question: since I am a dependent I will not get a stimulus payment; however, since I am 23 (over 17) I am too old for my parents to get money for me as a dependent – is this right? Are we just in a situation, not unlike many other families, that forbids a payment to/for me?

To further complicate things, for the 2008 tax year, I will no longer be a dependent. Does this mean that when I file in 2009 (when the stimulus requirements are apparently revisited and recalculated) that I will get the money which I did not receive in 2008 given that I will no longer be a dependent?

Any information or suggestions of where to receive answers is appreciated.

Thank You.

By: jane

jane — Fri, 13 Jun 2008 01:03:28 +0000

To the one with the boss with 4 kids and a stay-at-home wife:

Your boss probably isn’t further ahead than you making $30-40K with four kids. It’s not like people with children make out like bandits in the scheme of things when it comes to taxes….$1,500 deduction per child is NOTHING . Save your contempt for those who choose to sit on their behinds, collect welfare and not contribute to the economy. Oh, and exactly what is wrong with being a stay-at-home mom? I was never busier than when I was at home with my two boys. It’s funny how those who have never experienced raising children think of it as a cush job. Where should the kids go to afterschool…daycare? After school programs while mom chases a career? Please……….

By: jane

jane — Thu, 12 Jun 2008 19:10:59 +0000

News today announced all time high defecit in part thanks to stimulus payouts and record unemployment. Everyone I know used their check to pay credit cards or they banked it. Gas prices also at an all-time high. No summer vacation this year for this family of four. Travel is becoming a big-time luxury.

By: Holly

Holly — Thu, 12 Jun 2008 13:31:51 +0000

Well I finally got an answer to my ? posted a zillion posts ago and after finally getting thru to the IRS – but the real answer arrived in the mail yesterday – even though I worked out an installment agreement to pay 2007 taxes I owed and already made 2 payments – the IRS took our total 1,200 and applied it to our installment agreement – Part of me feels this is unfair cause if you don’t even have to claim it on your taxes for 08 it should be considered separate from the IRS – it is supposed to be free and clear $ to help the economy – do they really have a right to keep it cause we owe them and they control the funds- I owe credit cards and mortgage too – just cause they don’t have access to it they can’t grab it. I don’t think this is fair at all. It should be treated separate from the IRS.

By: nick

nick — Thu, 12 Jun 2008 12:09:38 +0000

yeah I should have recieved this garbage more than a month ago now and I’ve seen people who don’t even work get theres. WTF!!!

By: JJTandahalf

JJTandahalf — Tue, 10 Jun 2008 19:01:36 +0000

Thought I’d add one more comment to my previous post…

In China, people essentially DO pay more to the government for kids (they pay fines for having more than one child). I’m not advocating that the U.S. do the same, but last time I checked, China’s economy has been outperforming us lately and quite frankly may be kicking our butt soon.

By: JJTandahalf

JJTandahalf — Tue, 10 Jun 2008 18:22:38 +0000

This is ludicrous…

I know for a fact that my boss makes $30K-40K more than I do. He has a stay-at-home wife (who does so even though all the kids are at school all day) and four kids. He owns a swanky McMansion; I own a small suburban condo unit. His car is much nicer than mine. I’m engaged to be married (so still filing single) and childless.

I should get more stimulus than him, right? Wrong. I just barely got phased out ($0 for me) by the caps, and my boss gets a whopping $2,400.

Our tax system is killer to young, hard-working professionals. We pay more for not having kids. We pay more for marrying other people like ourselves who also want to have a career (oh, the horror!).

We need to stop treating industrious childless middle-class professionals like hedonistic thrill-seeking moochers. Our system rewards people for using public goods & services and penalizes those who expand the GDP. If people choose to have children because it brings them joy, then they should be willing to pay for it.

By: Fbee

Fbee — Mon, 09 Jun 2008 18:44:19 +0000

Hello

I filed my taxes Feb 1. I received my refund a few weeks later. According to the stimulus refund scedual, I should have recived the refund on May 15. As of June 9th I still dont have it. Anyone know if theres anyone i can talk to about this or email? I tried the 800 number but its all automated. thanks