Economic Stimulus Check/Deposit

[Ns1]

Like clockwork

5/9/2008 US TREASURY 220 TAX REFUND XXXXXXXXX +$300.00 -----

 

[halik]

Originally posted by: Ns1
Like clockwork

5/9/2008 US TREASURY 220 TAX REFUND XXXXXXXXX +$300.00 -----

same here, except the amount is $600

 

[waggy]

yeap mine was in this morning.

 

[DisgruntledVirus]

Originally posted by: Ns1
Like clockwork

5/9/2008 US TREASURY 220 TAX REFUND XXXXXXXXX +$300.00 -----

I thought the base amount was $600?

 

[allisolm]

Originally posted by: Oyeve

Originally posted by: Oyeve

Originally posted by: jefa
the $513 is likely it.... people don't seem to realize that it's a calculated amount - $600 MAX

I just need to know if they use my SSN for my refund and my sons SSN for the other refund, or if they use both and send just one lump deposit.

Actually the amount is $513.20..........................20 freaking sense? WTF? This is a wierd number. I hope it has to do with my sons SSN and I will be getting more. Gonna call the IRS when I have a couple of hours to spare being on hold.

The way I read it, your son doesn't get any money. You (the taxpayer) get money for you if you qualify and additional money for each qualifying child. I'm assuming (dangerous, I know) that your son is claimed as a dependent on your income tax return in which case you would get one refund covering your personal amount plus the amount you get added for qualifying children.

 

[Ns1]

Originally posted by: DisgruntledVirus

Originally posted by: Ns1
Like clockwork

5/9/2008 US TREASURY 220 TAX REFUND XXXXXXXXX +$300.00 -----

I thought the base amount was $600?

Minimum of 300 if no tax liability. I didn't pay any taxes last year. It's a MAX of 600 for single filers

 

[BUTCH1]

Just used the calculator, says I should get $1200, that sounds high so I'm not getting
my hopes up..

 

[stag3]

got mine this morning, will be going straight to my car payment, in addition to the normal monthly amount

 

[murphy55d]

Originally posted by: allisolm

Originally posted by: murphy55d
That TurboTax deal is stupid...I was expecting our money to be deposited this morning, now we won't get it til June 13th? WTF.

For the TurboTax thing read some of the replies here. It seems to have something to do with Santa Barbara Bank and Trust and having the refund payments go through them. If your refund went through that bank then your stimulus payment will come by check because the routing #account # were changed to Santa Barbara #s for the original refund.

There's info on the TurboTax site about it here.

Hope this helps.

That's it. We got our refund from the SBBT, so now we gotta wait til mid-June. That sucks... we were gonna have a new roof put on our front porch end of the month, guess I will have to tell them it'll have to wait til June or July.

 

[Oyeve]

Originally posted by: allisolm

Originally posted by: Oyeve

Originally posted by: Oyeve

Originally posted by: jefa
the $513 is likely it.... people don't seem to realize that it's a calculated amount - $600 MAX

I just need to know if they use my SSN for my refund and my sons SSN for the other refund, or if they use both and send just one lump deposit.

Actually the amount is $513.20..........................20 freaking sense? WTF? This is a wierd number. I hope it has to do with my sons SSN and I will be getting more. Gonna call the IRS when I have a couple of hours to spare being on hold.

The way I read it, your son doesn't get any money. You (the taxpayer) get money for you if you qualify and additional money for each qualifying child. I'm assuming (dangerous, I know) that your son is claimed as a dependent on your income tax return in which case you would get one refund covering your personal amount plus the amount you get added for qualifying children.

No my son doesnt get any $$$, I do, I really meant dependent, not son (although he is my son ) I did claim him and filed head of household. So do you think the HOH file status is different than the usual file status? IE single, married et....al? If so then that sucks. I'm just really confused with the weird amount. Even if me and my son are lumped in one refund it should be $600 even. My AGI was not above 75k. I will do the online calculation tonight when I have my paperwork in front of me.

 

[jiggahertz]

Originally posted by: slsmnaz

Originally posted by: ICRS
I know a few people who don't get it, and they are all upset. They make to much money. My brother for example had an AGI of $90,000+ last year and is very upset he doesn't get it.

Why shouldn't he be upset that people are being handed money he worked for? Robin Hood is only good as a bedtime story

Yup, most people are fans of redistribution of wealth only when it benefits them.

 

[Xavier434]

Originally posted by: jiggahertz

Originally posted by: slsmnaz

Originally posted by: ICRS
I know a few people who don't get it, and they are all upset. They make to much money. My brother for example had an AGI of $90,000+ last year and is very upset he doesn't get it.

Why shouldn't he be upset that people are being handed money he worked for? Robin Hood is only good as a bedtime story

Yup, most people are fans of redistribution of wealth only when it benefits them.

Most are not being handed money that others worked for. They are getting some of their own money back. I got $600 back today. I paid a lot more in taxes this past year than $600 plus my return. The reason the rich are upset is because they want $600 of their own taxes back too even though they already have tons of cash in comparison to others who work equally as hard or harder than they do.

 

[spidey07]

Originally posted by: jiggahertz

Originally posted by: slsmnaz

Originally posted by: ICRS
I know a few people who don't get it, and they are all upset. They make to much money. My brother for example had an AGI of $90,000+ last year and is very upset he doesn't get it.

Why shouldn't he be upset that people are being handed money he worked for? Robin Hood is only good as a bedtime story

Yup, most people are fans of redistribution of wealth only when it benefits them.

Yup. And that's exactly what this is wealth redistribution. And it's wrong on so many levels it really is sickening.

 

[randomlinh]

Originally posted by: spidey07

Originally posted by: jiggahertz

Originally posted by: slsmnaz

Originally posted by: ICRS
I know a few people who don't get it, and they are all upset. They make to much money. My brother for example had an AGI of $90,000+ last year and is very upset he doesn't get it.

Why shouldn't he be upset that people are being handed money he worked for? Robin Hood is only good as a bedtime story

Yup, most people are fans of redistribution of wealth only when it benefits them.

Yup. And that's exactly what this is wealth redistribution. And it's wrong on so many levels it really is sickening.

i actually agree on that... but if they're dropping $600 of my money back, I won't be one to send it back.

 

[paulxcook]

Still haven't gotten mine. I filed very late so it'll probably be a while.

 

[Xavier434]

Originally posted by: spidey07

Originally posted by: jiggahertz

Originally posted by: slsmnaz

Originally posted by: ICRS
I know a few people who don't get it, and they are all upset. They make to much money. My brother for example had an AGI of $90,000+ last year and is very upset he doesn't get it.

Why shouldn't he be upset that people are being handed money he worked for? Robin Hood is only good as a bedtime story

Yup, most people are fans of redistribution of wealth only when it benefits them.

Yup. And that's exactly what this is wealth redistribution. And it's wrong on so many levels it really is sickening.

You realize that most taxes that are collected from wealthy people are distributed to those who didn't earn the wealth all of the time right? That's how most economies work. It just so happens that this time it is being distributed in the form of hard cash. This is exactly why the wealthy people are not going to notice any change in their day to day lives even though the government is making this decision. It happens all the time year after year. They depend on it.

 

[bucwylde23]

Originally posted by: Jschmuck2
So, Turbotax & the IRS website both told me that I would be receiving a stimulus check yet when I dump my info into the "when is my $$$ coming" calculator, there's no record yet.

My SSN ends in 13...do I have to wait until the "no later than" mailing date to check on that?

When I check the site it says there is no record, either. I"m hoping it still arrives today..

 

[nakedfrog]

Originally posted by: ICRS
I know a few people who don't get it, and they are all upset. They make to much money. My brother for example had an AGI of $90,000+ last year and is very upset he doesn't get it.

He's got to be taking home at least $6k per month... I can see how not getting that $300 would make him pretty sore.

 

[OutHouse]

just got mine $2100 bucks.

 

[sygyzy]

Got mine today.

 

[pstylesss]

Originally posted by: nakedfrog

Originally posted by: ICRS
I know a few people who don't get it, and they are all upset. They make to much money. My brother for example had an AGI of $90,000+ last year and is very upset he doesn't get it.

He's got to be taking home at least $6k per month... I can see how not getting that $300 would make him pretty sore.

Not really the point.

 

[effowe]

My $600 got deposited today like they said it would, I really needed it too.

 

[Xavier434]

Originally posted by: ZeroIQ

Originally posted by: nakedfrog

Originally posted by: ICRS
I know a few people who don't get it, and they are all upset. They make to much money. My brother for example had an AGI of $90,000+ last year and is very upset he doesn't get it.

He's got to be taking home at least $6k per month... I can see how not getting that $300 would make him pretty sore.

Not really the point.

What exactly is the point then? Life isn't fair? We all know the answer to that one. The only points that I could possibly see which might justify being against the stimulus is if you have very good reason to believe that it will do nothing to improve the economy. However, there really are not many solid arguments out there which point in either direction since predicting the future of the stimulus's impact in this day and age is nothing like we have ever experienced before. Times have changed too much.

 

[AndrewR]

Received mine via EFT yesterday.

 

[Oyeve]

Originally posted by: Oyeve

Originally posted by: allisolm

Originally posted by: Oyeve

Originally posted by: Oyeve

Originally posted by: jefa
the $513 is likely it.... people don't seem to realize that it's a calculated amount - $600 MAX

I just need to know if they use my SSN for my refund and my sons SSN for the other refund, or if they use both and send just one lump deposit.

Actually the amount is $513.20..........................20 freaking sense? WTF? This is a wierd number. I hope it has to do with my sons SSN and I will be getting more. Gonna call the IRS when I have a couple of hours to spare being on hold.

The way I read it, your son doesn't get any money. You (the taxpayer) get money for you if you qualify and additional money for each qualifying child. I'm assuming (dangerous, I know) that your son is claimed as a dependent on your income tax return in which case you would get one refund covering your personal amount plus the amount you get added for qualifying children.

No my son doesnt get any $$$, I do, I really meant dependent, not son (although he is my son ) I did claim him and filed head of household. So do you think the HOH file status is different than the usual file status? IE single, married et....al? If so then that sucks. I'm just really confused with the weird amount. Even if me and my son are lumped in one refund it should be $600 even. My AGI was not above 75k. I will do the online calculation tonight when I have my paperwork in front of me.

Ok. I think I just figured out why my amount is weird. When I filed for state and fed I put the wrong info for my sons SSN, a few weeks ago I got my state refund minus a few hundred bucks and a letter stating they could not verify my sons SSN, called and had that straightened out, then I got a letter from the fed saying I owe them 80 something bucks when I was supposed to receive 3800 or so. I had called the IRS and straightened it all out and they told me what my fed refund would be and it jived with what I filed. So, I am assuming the stim check was processed prior to the fed irs fix so 600 minus the 80 something would equate the 513.20...........Yeeesh, now another long hold time while I call the IRS tonight.