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RE: Thanks Government - 2/13/2008 2:14 AM   
Vigilante212



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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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RE: Thanks Government - 2/17/2008 6:56 PM   
black mamba



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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.

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RE: Thanks Government - 2/17/2008 7:36 PM   
MTboy


 

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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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RE: Thanks Government - 2/17/2008 8:38 PM   
Vigilante212



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So I was correct its just taxable income like unemployment.

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RE: Thanks Government - 2/17/2008 9:09 PM   
black mamba



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It won't be taxed.

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RE: Thanks Government - 2/17/2008 9:22 PM   
black mamba



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http://www.irs.gov/newsroom/article/0,,id=179181,00.html

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RE: Thanks Government - 2/17/2008 10:59 PM   
Vigilante212



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ah I see. thats good.

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RE: Thanks Government - 2/18/2008 12:05 AM   
kd7oir


 

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

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RE: Thanks Government - 2/18/2008 3:07 AM   
Vigilante212



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its called the US deficit weve already been taxed on it

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RE: Thanks Government - 2/18/2008 4:35 AM   
kd7oir


 

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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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