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 If you inherit a estate from your father, is it excluded from your Taxable income?
...


 I am renting a house from a charitable foundation - all of my rent goes to charity, so is that tax deductable?
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 A question for those who already did their taxes this year...?
i am just curious how much you got back this year. Please answer my question in this format:

salary this yr / tax return / state

(so it will look like this)

$30,000 / ...


 Did I get cheated by the government?
Ok, so you know how every single person who filed taxes was going to get $600? I only got $300. I am not a dependant, I am single, I efiled my taxes on time. All of my friends in similar situations ...


 How long does it take to get stimulus payments by mail to adrian mi. Bcuz I used Turbo tax it will b mailed.?

Additional Details
I called the irs and because Turbo tax uses a third party the gov't refused to pay the charges they require. So they will be mailing checks to those people even ...


 I went out on IRS.gov to check when my stimulus check would be deposited and it said error.Anyone else?
Has anyone else had that problem? I did a few of my family members also with different ss# and it still didn't work, but my mother's worked. I don't understand why some are working ...


 Is it necesary to get a letter of recommendation from a past employer notarized? Will that look good?
I have a job working as an adminstrative assistant but I get no benefits and not that good of pay so...I am about to start my job search all over again to find something better. But I wanna know if a ...


 Double digit unemployment? I love you Obama ?

Its a coming

GO OBAMA!!!! - does the name Carter ring a bell to anyone

one thing I found interesting in my own mind last night - I thought wow Obama has promised he will ...


 Am I reading this right?
Will someone go to this site and tell me if I am reading this right? It looks to me like Obama's Plan will increase taxes for those who make 20-50 thousand and McCains will be decreased.
<...


 How can i find out how much i made last year?
i am filing taxes thru turbo tax and need to know how much i made in the year 2005 how can i obtain this info....


 What a good % to put in your 401 k?
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 Can the IRS force me to sell MY inherited land because of my husband's tax debt before we married?
My husband and I married two years ago. He had a failed business resulting in delinquent taxes and TFRP about 8 years ago. We were not married at that time. Since we married I inherited 6 acres of ...


 Am i required to file personel and business taxes togeather?
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 What happens when the IRS "comes after you" for unpaid taxes?
as i was posting a question, i saw several people asking how long it takes for the IRS to come after you for unpaid taxes. like the person who posted who owes $1114 or so, what do they do when they ...


 Do you think I am getting ripped off?
They took taxes out of my Christmas bonus.

WTF?

They didn't do it last year or the year before, what gives?...


 I just found out that I owe 18,000 in taxes for 2004-05. My exwife did not file for us. Anything I can do?
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 Tax return?
me and my gf arent married and we have a kid, who would get back more by claiming her, i make 25,000 yr and she makes about 3000 yr and would be filed as single ...


 Problem with inheritance tax, passing House to children?
My partners mother died a few years ago passing her two thirds of the family home onto my partner with my partners father owning the final third.They both resided in the house until recently when her ...


 How to tell if we'll get the tax rebate?
My friend got a letter in the mail about it and I haven't gotten anything. Does this mean I won't get the tax rebate? How do I find out?...


 Is state income tax based on the address of the employer or the address of the employee?
...



khara_4_life_2007
LSNT THE STIMULAS INCOME THE BEST THING THEY EVER THOUGH OF?
                     
 




bostonianinmo
Rating
No, it goes down as one of the worst ideas out of Washington in quite a while, from an administration noteworthy for bad ideas and muddled thinking.

It will double the Federal deficit for FY08. Bush won't be around to sort that out, not that he's any great shakes on economics anyway; look at the record debt now -- in the trillions. Most of it will be funded by borrowing money from foreign countries like China -- not exactly in our national interest! Then a fair chunk of it will be wasted on cheap Chinese-made geegaws. Scorecard at that point: China - 2, US - 0.

The whole thing is less than 1% of the GNP, hardly enough to help much with gas heading to $4 per gallon.

Finally, for most folks the $600 or so they'll get won't make much difference. If you're facing foreclosure it might hold things off for a month or two if you're lucky.


Richard M
No, but it's an election year and the politicians have to be seeing as doing something about the economy.

In an economy as large as the USA, the rebate will have very little impact. In the long run, it worsens the deficit and requires the government to borrow more and more money.


Tim
You really think $600 is going to make a big difference? Most people will either pay of debt or put the money in the bank. That doesn't stimulate the economy. In fact it puts us further in debt that we, our children and many generation later will have to repay.

Then you have the Feds wasting all the money to mail out notices for something that has been all over the news and internet. What a waste of money. If Bush wasn't running again I would think it was just for political purposes.


maxmom
Rating
It is stupid. The cost of doing this so far outweighs the benefits, it is ridiculous.


Brian J
Rating
It's actually a very stupid thing and the only reason they think they have to do it is that the economy is in trouble.

Giving people free money for doing nothing simply enables bad behavior.


Doctor Deth
Rating
they did the same thing a few years ago - I at least got a check then - now I make too much money -so I get nothing.


Judy1
Rating
Actually, I don't think much of the idea. If it really keeps us out of recession, great, but just printing money and sending it out has all sorts of downsides.


nova_queen_28
Rating
No, because we'll all end up paying more than what they give us next year.


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