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Stimulus payments-Rebate

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  • Craig Brooks
    This payment will be available to persons who may not normally file an income tax return. Let s all try to make sure we spread the word so the most needy have
    Message 1 of 1 , Mar 11, 2008
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      Stimulus payments: Help spread the facts

      This payment will be available to persons who may not normally file an income tax return.  Let’s all try to make sure we spread the word so the most needy have access to this.

      Craig Brooks

       

       

      Stimulus payments: Help spread the facts

      More than 130 million households will receive economic stimulus payments under the Economic Stimulus Act of 2008, beginning in May.  In most cases taxpayers will not have to do anything extra this year to get the rebate.  All you have to do is file a 2007 tax return and the IRS will do the rest.  You do not need to call or fill out any other special forms. If you qualify, the IRS will automatically figure your payment, send you a notice showing the amount, and send it to you. For more facts and to read some Q&As, visit the Information on Stimulus Payments Web page on www.irs.gov.

      Even those who normally don’t file must file to receive a stimulus payment.  This includes: 

      ·         Low-income workers,

      ·         Social Security beneficiaries,

      ·         Certain railroad retirees and

      ·         Those who receive certain benefits from the Department of Veterans Affairs.

      There are special filing instructions and a sample Form 1040A (.pdf) that highlights the simple, specific sections of the return to fill out.  

       

      Low- and moderate-income workers, including veterans, can get free tax help through the Volunteer Income Tax Assistance (VITA) program. Call 1-800-906-9887 to locate the nearest VITA site.

      The Tax Counseling for the Elderly (TCE) Program provides free tax help to people age 60 and older. As part of the IRS-sponsored TCE Program, AARP offers the Tax-Aide counseling program at more than 7,000 sites nationwide during the filing season. To find an AARP Tax Aide site, call 1-888-227-7669 or visit the AARP Web site.

       

       

       

       

       

       

       

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