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-   -   Thanks Government (http://www.rcuniverse.com/forum/hpi-monster-truck-forum-250/7054711-thanks-government.html)

Vigilante212 02-12-2008 06:14 PM

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.

black mamba 02-17-2008 10:56 AM

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]

MTboy 02-17-2008 11:36 AM

RE: Thanks Government
 
Have to love free money....:D 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.

Vigilante212 02-17-2008 12:38 PM

RE: Thanks Government
 
So I was correct its just taxable income like unemployment.

black mamba 02-17-2008 01:09 PM

RE: Thanks Government
 
It won't be taxed.

black mamba 02-17-2008 01:22 PM

RE: Thanks Government
 
http://www.irs.gov/newsroom/article/...179181,00.html

Vigilante212 02-17-2008 02:59 PM

RE: Thanks Government
 
ah I see. thats good.

kd7oir 02-17-2008 04:05 PM

RE: Thanks Government
 
Money from the government is NEVER free, SOMEBODY always pays. Where do you think it'll come from.
TAXES

Vigilante212 02-17-2008 07:07 PM

RE: Thanks Government
 
its called the US deficit weve already been taxed on it :)

kd7oir 02-17-2008 08:35 PM

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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