Even though the April 15 tax deadline has passed, it is not too late to file for your economic stimulus payment this year. Persons who qualify for the payment must file a 2007 tax return by October 15, 2008. Millions of people are eligible but may not know it, or think it is too late to get a payment. These are certain retirees, disabled veterans and low-wage workers who normally don’t file a tax return because their income is too low or nontaxable. This year, they must file to receive their stimulus payment. 
Many people will file a 2007 Federal income tax return even though the income on the return was below the filing requirement. The questions below will help you determine if you need to file a Federal Income Tax return or if you need to stop your withholding so you will not have to file an unnecessary return in the future. The Internal Revenue Service is providing this information as a part of our customer service and outreach efforts to Reduce Taxpayer Burden and Processing Costs. | Stimulus Payments |
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| Written by Administrator |
| Saturday, 15 November 2008 16:25 |
Stimulus Payments — What You Need to KnowUpdated Oct. 28, 2008 If you missed the Oct. 15 deadline for filing an income tax return for a economic stimulus payment, don't worry. You can receive a payment in 2009 by filing an income tax return when the filing season opens in January. The IRS will have more information shortly. Also, if you filed a tax return for an economic stimulus payment in 2008 and have not yet received a payment, check out Where's My Stimulus Payment? Find the AnswerStill looking for your rebate even though you've already filed a tax return? Or wonder why it's smaller than you were expecting? You may find the answer to your question in our: [read more...] |
| Last Updated on Saturday, 15 November 2008 17:47 |
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