Members Crxsh Posted May 12, 2008 Members Share Posted May 12, 2008 I got some kind of postal notice today ... the wife and I are getting $1023 stimulus check. And it might be coming on Wednesday. I thought it was supposed to be $1200 .... but w/e .... supposedly free money. "You think I should tell them about my AWESOME new gear that's on the way?" "I dunno if they can handle it." Link to comment Share on other sites More sharing options...
Members RoboPimp Posted May 12, 2008 Members Share Posted May 12, 2008 It gets deducted from next years tax return. Link to comment Share on other sites More sharing options...
Members Crxsh Posted May 12, 2008 Author Members Share Posted May 12, 2008 It gets deducted from next years tax return. That's what I've heard, but I seen anything to substantiate this claim. Link to comment Share on other sites More sharing options...
Members RoboPimp Posted May 12, 2008 Members Share Posted May 12, 2008 That's what I've heard, but I seen anything to substantiate this claim. exactly... you haven't seen anything to dispute it either have you? the govt. loves people like you Link to comment Share on other sites More sharing options...
Members Crxsh Posted May 12, 2008 Author Members Share Posted May 12, 2008 exactly... you haven't seen anything to dispute it either have you?the govt. loves people like you Oh, I'm not saying I don't believe it ... I've taken Econ classes. I know there's no such thing as "free money." I just haven't seen anything either way. I guess I was asking for some kind of evidence. All hail Milton Friedman. Link to comment Share on other sites More sharing options...
Members dap99 Posted May 12, 2008 Members Share Posted May 12, 2008 Got all $1,200. Robo's points make sense. No such thing as a free lunch - unless you're a millionaire - in this country. I'll take what I can get, but I'm sure the other shoe will drop one way or another. In all these threads, people have failed to mention that all the money teh gubbament holds onto and then gives back to you is sans interest. People get all excited about their tax returns, but it's their money that the government has been borrowing w/out paying any interest on it. Link to comment Share on other sites More sharing options...
Members Belt Posted May 12, 2008 Members Share Posted May 12, 2008 It may not be free money. But it's better than nothing. I think we can all agree on that. Link to comment Share on other sites More sharing options...
Members Turd Furgison Posted May 12, 2008 Members Share Posted May 12, 2008 http://www.irs.gov/newsroom/article/0,,id=182003,00.htmlQ. 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.Q. If my stimulus payment is not going to affect my 2008 tax refund or increase the tax I owe next year, why is it I need to retain the letter that lists how much I received? A. In the event you do not qualify for the full amount on your 2007 return but you do on your 2008 return, you will need to have the letter as a record of the amount you previously received. [New 4/11/08]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.:cop: Link to comment Share on other sites More sharing options...
Members Holey Lint Trap Posted May 12, 2008 Members Share Posted May 12, 2008 Way to be a bunch of downers... Anyways, mine is paying off debt which is the only logical use for such funds. That or pedals, lots and lots of pedals. Link to comment Share on other sites More sharing options...
Members No Arrow_Dann Posted May 12, 2008 Members Share Posted May 12, 2008 my tax return was so dismal comparred to the last one I got Link to comment Share on other sites More sharing options...
Members bowlingshirt Posted May 12, 2008 Members Share Posted May 12, 2008 I got some kind of postal notice today ... the wife and I are getting $1023 stimulus check. That amount seems off...odd for it to be $1023 I got mine over the weekend and it was $1500. Link to comment Share on other sites More sharing options...
Members Flying_Milkman Posted May 12, 2008 Members Share Posted May 12, 2008 I haven't been stimulated yet. Hopefully within the next month. Link to comment Share on other sites More sharing options...
Members bowlingshirt Posted May 12, 2008 Members Share Posted May 12, 2008 I haven't been stimulated yet. Hopefully within the next month. They're doing it in order of the last 2 digits of your SS #. Link to comment Share on other sites More sharing options...
Members RoboPimp Posted May 12, 2008 Members Share Posted May 12, 2008 http://www.irs.gov/newsroom/article/0,,id=182003,00.htmlA. No, the stimulus payment will not reduce your refund or increase the amount you owe when you file your 2008 return. exactly, if I forward you $1000 of money you were gunna get next year anyway, it hasn't reduced or increased the total amount any has it? No, you get the same amount, but you're spending it now instead of later. Link to comment Share on other sites More sharing options...
Members Turd Furgison Posted May 12, 2008 Members Share Posted May 12, 2008 exactly, if I forward you $1000 of money you were gunna get next year anyway, it hasn't reduced or increased the total amount any has it? No, you get the same amount, but you're spending it now instead of later.no, no, we are getting the money for this, the same place we are getting it for the war in iraq. we don't have to worry about it, future generations can figure it out. Link to comment Share on other sites More sharing options...
Members Crxsh Posted May 12, 2008 Author Members Share Posted May 12, 2008 That amount seems off...odd for it to be $1023I got mine over the weekend and it was $1500. That's what I thought.... I was like, huh? Oh well. Link to comment Share on other sites More sharing options...
Members Flying_Milkman Posted May 12, 2008 Members Share Posted May 12, 2008 They're doing it in order of the last 2 digits of your SS #. I think I knew that. I just don't know the cutoff dates on each #. Correct me if I'm wrong... But it's by the last 2 digits of your social? Link to comment Share on other sites More sharing options...
Members Turd Furgison Posted May 12, 2008 Members Share Posted May 12, 2008 I think I knew that. I just don't know the cutoff dates on each #. Correct me if I'm wrong... But it's by the last 2 digits of your social? it is actually a combination of different numbers in your social...it is probably best if you just post your whole number and we can help you figure it out Link to comment Share on other sites More sharing options...
Members Crxsh Posted May 12, 2008 Author Members Share Posted May 12, 2008 it is actually a combination of different numbers in your social...it is probably best if you just post your whole number and we can help you figure it out 'd Link to comment Share on other sites More sharing options...
Members hangwire Posted May 12, 2008 Members Share Posted May 12, 2008 They're doing it in order of the last 2 digits of your SS #. what are your last 2? be nic eto see how far they are in real terms, not "projected" deposits... I am 79, and no deposit yet... Link to comment Share on other sites More sharing options...
Members Belt Posted May 12, 2008 Members Share Posted May 12, 2008 what are your last 2? be nic eto see how far they are in real terms, not "projected" deposits...I am 79, and no deposit yet... If you direct deposited your refund... Then it should be this Friday. The IRS's website has all the info for the scheduling. Link to comment Share on other sites More sharing options...
Members Crxsh Posted May 12, 2008 Author Members Share Posted May 12, 2008 I didn't get the deposit yet. Just some mailing that said what my projected amount would be. Said it could be here as soon as the 9th.... or in 6 weeks. Link to comment Share on other sites More sharing options...
Members hangwire Posted May 12, 2008 Members Share Posted May 12, 2008 The IRS's website has all the info for the scheduling. hence me asking about REAL world not gov'ment projected dates Link to comment Share on other sites More sharing options...
Members Last Nerve Posted May 12, 2008 Members Share Posted May 12, 2008 My last two digits are "12." No direct deposit I guess, but I haven't received a check yet. Link to comment Share on other sites More sharing options...
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