seeking Posted March 26, 2008 Share Posted March 26, 2008 id never heard of this till tonight, now a couple people have mentioned it. apparently the govt is giving us $600 bacl? what do you need to do in order to qualify? i didnt file any taxes for 2007, but i did in 2006. can i still get money back, even though i didnt give em any? hows that work? i want more money. Link to comment Share on other sites More sharing options...
Porcelain Posted March 26, 2008 Share Posted March 26, 2008 i think you just had to file taxes this year. Link to comment Share on other sites More sharing options...
slowDown Posted March 26, 2008 Share Posted March 26, 2008 yep. what he said ^. Even if you have no income to claim. Link to comment Share on other sites More sharing options...
Spitfire15 Posted March 26, 2008 Share Posted March 26, 2008 What the hell is this shit? Im only getting like 230! RABBLE! RABBLE RABBLE! Link to comment Share on other sites More sharing options...
Harvey Wallbanger Posted March 26, 2008 Share Posted March 26, 2008 I filed taxes this year. I hope I get 600 bucks. Link to comment Share on other sites More sharing options...
TreSixO Posted March 26, 2008 Share Posted March 26, 2008 yeah I havnt filed for 3 years but Ive talked to several people that SWEAR they know about taxes who say you just gotta file this year Link to comment Share on other sites More sharing options...
seeking Posted March 26, 2008 Author Share Posted March 26, 2008 why would you file if you have no income? Link to comment Share on other sites More sharing options...
TreSixO Posted March 26, 2008 Share Posted March 26, 2008 I make sure to work one cellular sales job each year, before christmas, and I d-out before new years, get a 1040 on record with about 5 grand yearly income... Its just enough to avoid being a total ghost... If your gonna work the way a lot of us seem to thats the best way As for you , you would need to ile a 1099 I think, as an independant contracter, and claim about 10-12 grand in money earned and pay OUT... then you get it all back, minus the filing cost, then you get it back - this is what I have to do because I worked as an independant audio rep web sales guy... This year I was only able to hold my pre-christmas sales job for 2 days before I flipped, so all Im left with is this 1099 junk Its dumb as hell I know Link to comment Share on other sites More sharing options...
Deloner Posted March 26, 2008 Share Posted March 26, 2008 yep. what he said ^. Even if you have no income to claim. o'rly ? (seriously) Link to comment Share on other sites More sharing options...
TreSixO Posted March 26, 2008 Share Posted March 26, 2008 you have to pay out an arbitrary number for yearly income as an indy contractor as long as its under 14 grand a year you are well under the poverty limit on record and get it all back (still trying to figure out how to sdeduct electricity bills that arent in my name..> ) Link to comment Share on other sites More sharing options...
Milk Grenades Posted March 26, 2008 Share Posted March 26, 2008 just got a letter in the mail from the irs about that. the payments will start in May to receive payment in 2008, individuals who qualify will not have to do anything more than file a 2007 tax return. the irs will determine eligibility, figure the amount, and send payment. for individuals who normally do not have to file a tax return, the new law provides for payments to individuals who have a total of $3,000 or more in earned income, social security benefits,and/or certain veterans' payments. those individuals should file a tax return for 2007 to receive payment in 2008. in addition, individuals eligible for payments may also receive an additional amount of $300 for each child qualifying for the child tax credit. for taxpayers with adjusted gross income of more than $75,000, the payment will be reduced or phased out completely. Link to comment Share on other sites More sharing options...
4horsemen Posted March 26, 2008 Share Posted March 26, 2008 yep you have to fill those papers out and wham you get 600 in MAY!!!! Link to comment Share on other sites More sharing options...
TreSixO Posted March 26, 2008 Share Posted March 26, 2008 ECONOMIC STIMULUS YO!!!! Link to comment Share on other sites More sharing options...
BruceLeroy Posted March 26, 2008 Share Posted March 26, 2008 file a tax return for 2007 and your set. i heard something about people who dont file taxes about filling out a form W10-40? Link to comment Share on other sites More sharing options...
DonCheadle Posted March 26, 2008 Share Posted March 26, 2008 i just got something in the mail about this that included an online option for completing the process... I think if you have no recorded income(No 1099, no contracts etc.) you still file it up to show dividends earned on your bank account (interest from savings, etc.) however little that may be. Link to comment Share on other sites More sharing options...
Southern Smite Posted March 26, 2008 Share Posted March 26, 2008 I did not file so I don't give a shit about this stimulus package. Just don't go blow it on rims for the new whip or a new toaster from Linens n things. That's what they're expecting everyone to do Link to comment Share on other sites More sharing options...
publicenemyno.3 Posted March 26, 2008 Share Posted March 26, 2008 you gotta make at least 3000 on the books. i did not do that and therefore am not stimulating the clitoris of the ecomomy Link to comment Share on other sites More sharing options...
earmuffs Posted March 26, 2008 Share Posted March 26, 2008 what do you get if you have 2 kids? Link to comment Share on other sites More sharing options...
Drue_Down Posted March 26, 2008 Share Posted March 26, 2008 what do you get if you have 2 kids? A headache. Link to comment Share on other sites More sharing options...
Milk Grenades Posted March 26, 2008 Share Posted March 26, 2008 it depends on how much you made. if you qualified for the child tax credit, you'll get an additional $300 per child. you also luck up, since you're married. i believe you get $1200 if filing jointly. Link to comment Share on other sites More sharing options...
seeking Posted March 26, 2008 Author Share Posted March 26, 2008 this is way too much work for $600. i'll just take my change to coinstar. fuck this shit. Link to comment Share on other sites More sharing options...
slowDown Posted March 26, 2008 Share Posted March 26, 2008 what do you get if you have 2 kids? More money. I am married with 2 kids = $1800 But you will be paying taxes on that crap next year. Link to comment Share on other sites More sharing options...
ERIZENO Posted March 26, 2008 Share Posted March 26, 2008 Its bullshit anyway ... its an ADVANCE on your 2008 filing that you will do in 2009. its your money in the first place ... they are not just giving us a hand out. Link to comment Share on other sites More sharing options...
justaname Posted March 26, 2008 Share Posted March 26, 2008 to receive payment in 2008, individuals who qualify will not have to do anything more than file a 2007 tax return. the irs will determine eligibility, figure the amount, and send payment. so this means you may not get less than 600? I WANT ALL OF IT! Link to comment Share on other sites More sharing options...
TreSixO Posted March 26, 2008 Share Posted March 26, 2008 Its bullshit anyway ... its an ADVANCE on your 2008 filing that you will do in 2009. its your money in the first place ... they are not just giving us a hand out. does that mean I have to file next year? Because I might opt out on a low 1040 again Fuckit taxes are the least of my worries Link to comment Share on other sites More sharing options...
ERIZENO Posted March 26, 2008 Share Posted March 26, 2008 You will have already had it long before you file next year so I doubt that matters. I am just so entertained by the fact its being paraded around like the gvmnt is giving you $600 to help the economy, when in fact its money you would be due in the first place. I do wonder what will happen next year if your return isn't $600 ... will you have to pay back the difference. My return this year was just under $400, but I did it myself ... next year I am going to pay a CPA to find me more loopholes. Link to comment Share on other sites More sharing options...
dirtydoses Posted March 26, 2008 Share Posted March 26, 2008 you can go onto the IRS website and also see what date your checks will be mailed to you, or direct deposited if thats how you did your tax return stuff. Link to comment Share on other sites More sharing options...
T4M* Posted March 26, 2008 Share Posted March 26, 2008 All this is bullshit if you ask me. Remember when they did that shit a while back and decided to take off that money on the next years taxes? They say this year they wont do that, but we'll see. Link to comment Share on other sites More sharing options...
Francis Dolarhyde 36 Posted March 26, 2008 Share Posted March 26, 2008 i got a little notice in the mail saying "i could be elidgeable". unfortunately i didnt even read it..cause i figure the government just wants to give me the shaft anyways..we'll see tho. Link to comment Share on other sites More sharing options...
MOE-LESTER Posted March 27, 2008 Share Posted March 27, 2008 luckily i worked the first few months of 2007 at a legit business, so im getting about 300 bucks back from the gov. Link to comment Share on other sites More sharing options...
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