Tax

How to treat the 2007 Economic Stimulus Rebate on your 2008 Income Tax Return

This is the old Stimulus package, and not the new one that is still in the works.  Many might not know how to treat the 2007 Economic Stimulus rebate check that you received in 2008  on your 2008 Income tax return, or how it is affecting your 2008 Income tax return; this post might answer… Continue reading How to treat the 2007 Economic Stimulus Rebate on your 2008 Income Tax Return

Money, Tax

You Must File a 2007 Federal Income Tax Return to get your Stimulus Payment

Congress recently passed the Economic Stimulus Act of 2008, which President Bush signed on Feb. 13, 2008. If you normally file your income tax return, then there is nothing that you need to do, but for those that don't normally file, especially our elders that receive social security payments, to be able to receive this… Continue reading You Must File a 2007 Federal Income Tax Return to get your Stimulus Payment