Stimulus check

MaureenM618 Posted: May 09, 2008 08:12 PM

Stimulus check

Okay, i checked my bank account today and I only recieved $300....What's up with that??? I thought I was supposed to get $600

Jayla127 Posted: May 09, 2008 08:15 PM

Re: Stimulus check

You can call the IRS and they will explain to you how they figured out your amount

egem523 Posted: May 09, 2008 08:16 PM

Re: Stimulus check

Posted by MaureenM618

Okay, i checked my bank account today and I only recieved $300....What's up with that??? I thought I was supposed to get $600

You can get up to $600 but it is not gurantee.

MaureenM618 Posted: May 09, 2008 08:16 PM

Re: Stimulus check

I definately will. Thanks!

VickiR510 Posted: May 09, 2008 08:17 PM

Re: Stimulus check

It was dependant upon how much you made the prior year.

Meme1279 Posted: May 09, 2008 08:20 PM

Re: Stimulus check

I didn't get anything yet. When are they supposed to all be sent out?

VickiR510 Posted: May 09, 2008 08:22 PM

Re: Stimulus check

i havent received mine yet either. dont worry it was goingbyteh last 2 digits in ss# but so many people they prob had to go byteh last 3 so dont worry it will come. My bro got his like 2 weeks ago.

Meme1279 Posted: May 09, 2008 08:23 PM

Re: Stimulus check

Oh... wow. Thank you! I was getting nervous.

shell1879 Posted: May 09, 2008 08:32 PM

Re: Stimulus check

you will get a letter in the mail on how they came up with 300 it is all based on income if you go to irs.gov there is a calculator that will tell you exactally what you will get

amandamh23 Posted: May 09, 2008 09:37 PM

Re: Stimulus check

this is how it works for Single people without Qualifying Children

In most cases, payments will range from $300 to $600 for individuals and $600 to $1200 for joint filers. Taxpayers may receive $300 for each qualifying child. Payments could be less, depending on tax liabilty and Adjusted Gross Income. Phaseout reduction begins at $75,000 for single filers and $150,000 for joint filers.

Examples of how the Economic Stimulus Act of 2008 may affect taxpayers who are single and either childless or do not have children who qualify for the child tax credit:

1) Individual with wages of $4,000, no federal income tax liability.
Individual rebate is $300

2) Individual with no wages, veterans’ payments of $2,000, social security benefits of $2,000, no federal income tax liability.
Individual rebate is $300

3) Individual with no wages, no social security benefits, veterans’ payments of $4,000, no federal income tax liability.
Individual rebate is $300

4) Individual with no wages, no social security benefits, no veterans’ benefits, AGI is $10,000, federal income tax liability is $125.
Individual rebate is $300

5) Individual with AGI is $12,000, federal income tax liability is $325.
Individual rebate is $325

6) Individual with AGI is $35,000, federal income tax liability in excess of $600.
Individual rebate is $600

7) Individual with AGI is $80,000, federal income tax liability in excess of $600.
Individual rebate is $600
Phase out reduction is ($250)
TOTAL is $350

lookitscassie Posted: May 09, 2008 09:38 PM

Re: Stimulus check

i didnt get anything today like i was supposed to and im really pissed about it

tgrlily339 Posted: May 09, 2008 09:40 PM

Re: Stimulus check

I was wondering about this stimulus check... Did you have to apply for it when you did your taxes or is it automatically sent to you if you are eligible? Thanks to anyone who can help!

BarbieGrl10 Posted: May 09, 2008 09:51 PM

Re: Stimulus check

I got $600.00 last week

Loves iiiiiiiiiiiiiiiit!!!!

Its going right to my car insurance!

MsNewBeauty Posted: May 09, 2008 11:19 PM

Re: Stimulus check

It also depends on whether you filed through Turbo Tax or another program as well, so I found out today. If you filed this way. you are categorized with the mail-ins.