Taxpayers Get Second Chance at Stimulus

You people want more money? Here is what the IRS has to say...[quote=''YahooFinancial'']Remember those economic-stimulus checks the government was handing out this year? Many taxpayers didn't qualify for the full amount -- or for any payment at all -- because their 2007 income exceeded a certain threshold.But many people who lost their jobs this year, or whose incomes fell for some other reason, will get a second chance next year, thanks to a little-noticed tax-law twist....Under the economic-stimulus law, which was enacted in February, eligibility for this tax break is based on your income and other factors, such as family size, as reported on your federal income-tax return for either 2007 or 2008, says Mark Luscombe, principal tax analyst at CCH, a Wolters Kluwers business.Thus, if you weren't eligible based on your 2007 return or received less than the maximum amount, you still might qualify for a ''recovery rebate credit'' on your 2008 return, to be filed in 2009, Internal Revenue Service officials say. Other people, such as a family with a child born in 2008, may also be eligible for a credit on their 2008 return, Mr. Luscombe says....http://finance.yahoo.com/taxes/article/106140/Taxpayers-Get-Second-Chance-at-Stimulus [/quote]I got enough from work and all, but I don't mind the extra money!!! Is this stimulus package going to help at all, or will it ensure useless spending(drug - club money - um, fast food :D )? Taxpayers Get Second Chance at Stimulus
More inflation, just what we need...Taxpayers Get Second Chance at Stimulus
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