Jun
8
I Received My Stimulus Check
June 8, 2008 | 5 Comments
I finally received my stimulus check in the mail yesterday. It came when it was supposed to. With all the horror stories readers have reported, I was a little worried. However, the check appeared right on time and for the correct amount. We signed it and put it in the bank. Now what are we [...]
Jun
4
Stimulus Payment Notification – What Does It Say?
June 4, 2008 | 16 Comments
Some people have asked what the stimulus notification letter would say. I finally received mine so I can share it with you. I already showed you what the envelope looks like so you don't throw it away. I scanned in the stimulus notification for my records. It states in bold print that you should save [...]
Jun
1
Where's My Stimulus Payment Tool Worked For Me
June 1, 2008 | 2 Comments
Are you one of the people who've tried to use the "Where's My Stimulus Payment" tool on the IRS website? Did it not work for you? I've had many people report that it didn't work for them, so I decided to try it myself. Remember that unless you payment is scheduled to be mailed (or [...]
May
31
Week In Review – May 31, 2008
May 31, 2008 | Leave a Comment
It was a short week due to the Memorial Day Holiday. We continued our coverage of the economic stimulus payment. Tuesday I talked about divorce and the stimulus package. Specifically what happens if you get divorced after filing jointly and the IRS sends a check in both your names. Wednesday I advised readers to deal [...]
May
29
Where Is My Stimulus Payment?
May 29, 2008 | 109 Comments
Waiting for your Economic Stimulus Payment? You're not alone. Thousands of comments on this site and others indicate many people are waiting for their stimulus payment. So where are the checks? Double Check Your Facts You may be confused by the stimulus payment schedule. Who can blame you, it is confusing. However, you need to [...]
May
27
You're expecting a stimulus payment check from the IRS. You filed a joint tax return for 2007. However, you're now divorced and the check is in both of your names. What do you do? Well, like most checks that are made out to two people, most places (banks, etc) will require both signatures to cash [...]
May
21
15,000 Stimulus Checks Sent to Wrong People by IRS
May 21, 2008 | 114 Comments
Just when you thought the stimulus payment mess couldn't get any worse, the IRS rises to the challenge and and really screws up. The IRS has apparently sent at least 15,000 checks to the wrong people. I've been overwhelmed by the number of questions regarding the economic stimulus package and the payments from the IRS. [...]
May
14
Stimulus Payment: Do My Children Qualify?
May 14, 2008 | 16 Comments
If you have children, they may earn you an additional $300 each this year. That's because the economic stimulus package allows for an additional payment for each qualifying child in your household. How will I know if my children qualify? The IRS has some basic requirements. First the child has to have a valid SSN [...]
May
13
TurboTax VP Answering Your Stimulus Payment Questions
May 13, 2008 | 25 Comments
It's not often a company actively answers questions, especially on a web site they don't manage. That's why I was a little surprised to see comments on this site from Bob Meighan, a Vice President at Intuit, the company that makes TurboTax. TurboTax has taken a lot of heat from people upset over the confusion [...]
May
9
More frequently asked questions regarding the Economic Stimulus Payment (Rebate): What if my spouse owes money? What will happen to our stimulus payment? Will the IRS keep it all even though part of that money is for me and my children? The IRS Will Keep Your Money The IRS can keep your stimulus money (and [...]