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Thanks Government

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Old 02-12-2008, 06:14 PM
  #26
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Default RE: Thanks Government

I thought it was just considered income that when it came time to do taxes you just got taxed on it? Im going to look into it. It would suck to only get $300 back next year on my taxes blah.
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Old 02-17-2008, 10:56 AM
  #27
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Default RE: Thanks Government

From the IRS itself: The stimulus payment will not reduce or increase your refund when you file your 2008 return. I was wrong about what I said earlier...................this is free money per se.[8D]
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Old 02-17-2008, 11:36 AM
  #28
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Have to love free money.... Well my wife got me the Wheely King for v-day. Should be here between 20th and the 22nd. I plan on making it into a crawler.
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Old 02-17-2008, 12:38 PM
  #29
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Default RE: Thanks Government

So I was correct its just taxable income like unemployment.
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Old 02-17-2008, 01:09 PM
  #30
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Default RE: Thanks Government

It won't be taxed.
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Old 02-17-2008, 01:22 PM
  #31
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Default RE: Thanks Government

http://www.irs.gov/newsroom/article/...179181,00.html
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Old 02-17-2008, 02:59 PM
  #32
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Default RE: Thanks Government

ah I see. thats good.
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Old 02-17-2008, 04:05 PM
  #33
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Default RE: Thanks Government

Money from the government is NEVER free, SOMEBODY always pays. Where do you think it'll come from.
TAXES
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Old 02-17-2008, 07:07 PM
  #34
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Default RE: Thanks Government

its called the US deficit weve already been taxed on it
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Old 02-17-2008, 08:35 PM
  #35
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Default RE: Thanks Government

The deficit is money that we don't have yet. In other words it has yet to be payed, like a lone. They will have to raise taxes to balance the deficit in the long run.
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