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 WTF!!!! I Got a letter in the mail saying I owe damn near $800!!! What can I DO? HELP! I'm BROKE!?MD TAXES!!!
I got a fricken letter in the mail saying I owe damn near $800 to the freakin state of MD from 2005???WTF??? How is that possible??? I did my taxes through Turbo Tax that year and followed the step ...


 Why are they holding the tax return for 2007? When will be receive them?
...


 Taxes in first year of home ownership? $9,000? What to do to?
We bought a house last october and with the economy went bad. We are making all od our mortgage payments on time no problem including insurance, electric, water, gas, etc all on time. But we got hit ...


 Can two people live in the same household claim head of household on a income tax refund?
If you are not married but live together could each person file seperately and both claim head odf household? Or can only 1 person from a household claim head of household?...


 Is you are married..can you file your taxes separtely?
I am married but want to get my own separate tax refund back i dont not want to put my husband with mine, would it be illegal if i didnt include him on my return? im asking bc we arent together but ...


 When can we start doing our taxes?
...


 I owe some taxes, irs or tax consultant?
Ok heres my question i owe some taxes, not alot just more than i can pay. I did file and have now received a letter from irs. If I make payment arangments Ill be paying more penlties and interest ...


 Turbo tax or H&R block? which 2 use?
im new to taxes im 19 and i was wondering who does a great job with taxes and i keep hearing about these two companies and i was wondering if anyone use one of these and if they like it?...


 I am earning 360000 how. What is the taxable amount.?
I am working in Wipro....


 I need to give my mother a monthly sum of Rs 10,000 for her medication,food and shelter.?
Would the annual sum of Rs 1,20,000 be exempted from my income tax? What are the formalities for the same?...


 If I make a $5,000 bet in Vegas, do I have to pay Taxes on the winnings?
How does that work? Do you need to fill out paperwork? How much are you taxed?...


 Is money I donate to my family during a hardship considered tax deductible?
Is money I donate to my family during a hardship considered tax deductible?...


 What is the allowable deduction per mile for an expense report?
I need to fill out an expense report for work. It has been a while since I have had to do that and I don't know the current deduction for mileage (cents per mile) in the US....


 I made 26,575.54 and had 1655.00 in federal taxes taken out and 378.01 in medicare roughly what will I get bac?
what will my return be if i made 26,000.00 and had 1650.00 withheld
Additional Details
i claim head of household and 2 on th ...


 How long do you need to work with an employer to be able to take paid leave?
in ...


 I was receive a child tax credit but they soddenly stop this month somebody tell me why did they stop?
...


 How to decrease tax withholdings on W2?
How do I decrease the amount of money that is withheld from my paycheck every month? I want the most money per month possible. What allowances/exeptions do I write down?...


 Do anybody know why the rebates arent being deposited?

Additional Details
I heard that if you had fees taken out of your refund that it wont be deposited, youll get a paper check!!! If thats the case I got more than a month to wait for mine!...


 I received a second letter from the irs stating that I should receive my rebate by the 16th...?
However the 16th has come and gone, and I was wondering if maybe they worded the letter incorrectly, and meant to say that it will be mailed by the 16th..the last two of my ss# is 02..I know that ...


 Joint tax return re:IRS Stimulus check: SSN last two digits used for deposit status?
We filed a joint tax return, does anyone know if the IRS Stimulus checks are deposited based on the first SSN entered or on the second SSN entered? My husband's SSN ends in 06 and mine in 27. M...



danny m
Is our IRS refund that we are supposed to be getting in May, really just a loan from our 2009 tax refund?
                     
 




James
no


Sandy
Rating
no.

"It's not taxable, and it won't reduce your 2007 or 2008 refund or increase the amount you owe when you file your 2008 return."


go here and read...

http://www.irs.gov/newsroom/article/0,,id=179211,00.html


ninasgramma
For some people, for example some who file but don't owe taxes, and some whose only income is Social Security, the stimulus payment is free money that never has to be paid back.

For those who pay income taxes, the tax rates have been reduced for 2008 only. The reduction in your 2008 taxes is being advanced to you, up to $600 per taxpayer. In addition, these taxpayers will receive an additional $300 per qualifying child.

In 2008, these benefits will still be available to those taxpayers who file taxes in 2008 and who were not eligible for the full benefits in 2007.


Uno N
no, it's a "stimulus refund" intended to urge you to go out and spend money which you don't have and can't afford. Here I'm conservative telling you that W is an A hole.


wonderputz
No, it's really just $185 billion in public funds that could be put to better use maybe by not putting it in the hands of people that aren't going to do anything useful with it.


Dont say i never told you!
Rating
no, its cold hard cash. Thats the way the bush boys do it.


If you only knew
Nope it's yours free and clear.


AK Dude
Technically No; but Yes it will be. You will have to put that amount on your 2009 tax return. What the IRS and the FBI are trying to do is not stimulate the economy but rather find out who is doing what with their money and who files their taxes every year. Just to let You people know that it is a Class B misdemeanor to not file your taxes. So if you don't then tell me where you live what will you be wearing the next day, your name and basically everything about you. I want to over crowd the FBI's jails. E-MAIL ME


fitzpimlings
No...it is yours free and clear and has nothing to do with the taxes you will file in 2009. I did my taxes today on Turbotax and it explained it the same way.


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