How you spending rebate check??

[TheHaze]

Some of you have some big plans for a whole $600.

[Gergwheel1647545492]

Some of you have some big plans for a whole $600.

That is what I was just thinking.

 

Mine is either going towards my bike loan, or it will help the Las Vegas economy.

[Ramsey]

Some of you have some big plans for a whole $600.

 

I guess i also includeed state and federal refund as well.

[TheHaze]

I guess i also includeed state and federal refund as well.

If I included that I would only have $200 to spend.

[Razorback]

Savings. I've heard rumors it may be just an advance on your tax return from next year and since I don't trust the gov't in any form whatsoever, I will put it in the bank.

[TheHaze]

Savings. I've heard rumors it may be just an advance on your tax return from next year and since I don't trust the gov't in any form whatsoever, I will put it in the bank.

Reading...you needs it:

 

NOT TRUE, no one will pay tax on the stimulus money received this year However, you should keep a copy of the IRS letter you receive listing the amount as good common sense.

 

 

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

 

Q. Is my Stimulus Payment taxable?

 

A. No. You will not owe tax on your payment when you file your 2008 federal income tax return. But you should keep a copy of the IRS letter you receive later this year listing the amount of your payment.

 

Q. If my Stimulus Payment is not going to affect my 2008 tax refund or increase the tax I owe next year, why is it I need to retain the letter that lists how much I received?

 

A. In the event you do not qualify for the full amount on your 2007 return but you do on your 2008 return, you will need to have the letter as a record of the amount you previously received. [New 4/11/08]

 

Q. Will the payment I receive in 2008 reduce my 2008 refund or increase the amount I owe for 2008?

 

A. No, the Stimulus Payment will not reduce your refund or increase the amount you owe when you file your 2008 return.

 

Q. I don’t qualify for a Stimulus Payment based on my 2007 return. But my tax situation will be different in 2008. Will I qualify for any special benefit?

 

A. Possibly. The 2008 tax instructions will include a worksheet to help those who did not qualify for a payment or those who received a reduced amount determine if they can obtain a benefit when they file their 2008 tax returns next year.

[87GT]

Some of you have some big plans for a whole $600.

 

 

Hookers and blow = big plans.

 

HUGE SUCCESS. VERY NICE.

[GonneVille]

Intercooler. That's if I have a job by then...if not, food, gas, and bills.