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Subject: Economic Stimulus Payment
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DrewUser is Offline
Sammamish, WA
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Posts:3113


05/12/2008 7:09 PM  
$1800 came from Uncle Sam today!  Quite stimulating.  Too bad it's going towards past-spending, in a foreign country no less
love_cab_chardUser is Offline
Master of Wine
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05/12/2008 7:34 PM  
Nothing here, not yet @ least. Any one know what the qualifications are for this refund of your own money?
VineUser is Offline
Milwaukee, WI
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05/12/2008 7:46 PM  
I'm pretty sure you won't receive the rebate unless you've filed...  
kpakUser is Offline
Alaska
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05/12/2008 8:35 PM  
Posted By love_cab_chard on 05/12/2008 7:34 PM
Nothing here, not yet @ least. Any one know what the qualifications are for this refund of your own money?

Who Is Eligible for a Tax Rebate?

The IRS will determine who qualifies based on 2007 tax returns, calculate payments, and then issue rebate checks automatically.

The U.S. Treasury Department Office of Public Affairs provided examples on its website of how the Economic Growth Act of 2008 will benefit individuals. Basically, an individual can expect to receive a tax rebate check equal to the amount of their 2007 tax liability, with a maximum payment of $600 per person (which translates into $1,200 for married taxpayers). Those earning over $75,000 (or $150,000 for married filing jointly) can expect a reduced payment based on how much their income exceeded those limits. Taxpayers are eligible to receive $300 per child who qualifies for the child tax credit.


The difference between genius and stupidity is that genius has it's limits...
ps - friends don't let friends eat farmed salmon.
GreenDraziUser is Offline
Atlanta, GA
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05/12/2008 9:12 PM  
TurboTax has already informed me that I will not be getting the rebate.
DrewUser is Offline
Sammamish, WA
Wine Bottler
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Posts:3113


05/12/2008 11:00 PM  
These kids were good for something after all!!!
 
FWIW, I believe that people who file electronically get the money first, then it gets sent out in waves to the rest over the next month or two.
Al_ksyrahUser is Offline
Barrel Filler
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Posts:1041


05/12/2008 11:42 PM  
I'm confused. I'm not entitled to a rebate, but I just received a payment for $300 plus a small amount of interest. It's either for something else (and it arrived with no explanation), or they hired some crappy programmers.

-Al
VineUser is Offline
Milwaukee, WI
Grape Fermenter
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05/13/2008 12:31 AM  
Posted By Drew on 05/12/2008 11:00 PM
These kids were good for something after all!!!
 
FWIW, I believe that people who file electronically get the money first, then it gets sent out in waves to the rest over the next month or two.
I thought I had read that it was based upon the last 2 digit's of your social...the lower the number the faster the rebate i.e. "10" before "20."

Incidentally, we received our rebate today.

BudmanUser is Offline
Master of Wine
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Posts:11845


05/13/2008 3:24 AM  
Correctamundo - my check is due to be mailed this Friday - my SSN ends in '05'.
wineismylifeUser is Offline
Arlington, TX
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Posts:12055


05/13/2008 12:11 PM  
No rebate check coming to me this year. I made too much money last year. I'm "rich".

Joe
-----
Wine is like potato chips around me...if it's open, it's gone.
juggerntUser is Offline
Tampa, FL, USA
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Posts:3383


05/13/2008 2:02 PM  
My SSN ends in 95. I don't think I'm getting one, but the suspense is killing me!!!

Visit The Butcher Block at http://www.butcherblocktampa.com/
TimLinCAUser is Offline
Danville CA
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05/13/2008 5:47 PM  
Posted By wineismylife on 05/13/2008 12:11 PM
No rebate check coming to me this year. I made too much money last year. I'm "rich".

None for me either. Except I phrase it as, I pay way too much in federal income taxes to get the stimulus payment.
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