IRS Tax Rebate - File Taxes Now Get IRS Stimulus |
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Get Your IRS Tax Rebate
File your 2007 Tax Return and
get your IRS Rebate Check.  |
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| Starting in May, the Treasury will begin sending economic stimulus payments to more than 130 million households. To receive a payment, taxpayers must have a valid Social Security number, $3,000 of income and file a 2007 federal tax return. IRS will take care of the rest. Eligible people will receive up to $600 ($1,200 for married couples), and parents will receive an additional $300 for each eligible child younger than 17. Millions of retirees, disabled veterans and low-wage workers who usually are exempt from filing a tax return must do so this year in order to receive a stimulus payment. But there are more details to know about. Find out more here and visit this page regularly for the latest updates. |
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Don't Miss Out On Your Stimulus Payment.
IRS TAX TIP 2008-Special Edition Source : irs.govAre you wondering what to do to ensure that you receive your economic stimulus payment which the IRS will begin to send out this May? In most cases you will not have to do anything extra. If you are eligible for a payment, all you have to do is file a 2007 tax return and the IRS will do the rest. However, recipients of Social Security, certain Veterans and Railroad Retirement benefits and low-income workers who do not normally need to file may have to take steps to insure receipt of the stimulus payment. If you are in this group and normally would not be required to file a tax return, you need to file a 2007 tax return this year to receive an economic stimulus payment. The return must show at least $3000 in qualifying income. Qualifying income includes Social Security benefits, certain Railroad Retirement benefits, certain veterans benefits and earned income, such as income from wages, salaries, tips and self-employment. While these people may not be normally required to file a tax return because they do not meet the filing requirement, the IRS emphasizes they must file a 2007 return in order to receive a payment. The IRS has released a sample version of a Form 1040A that highlights the simple, specific sections of the return that can be filled out by people in these categories to qualify for a stimulus payment. Additionally, individuals who normally do not file a tax return but must do so this year in order to receive their 2008 economic stimulus payment can use the IRS Free File program to help them file returns for 2007. For more information see IRS Fact Sheet FS 2008-16 Stimulus Payments Instructions for Low-Income Workers and Recipients of Social Security and Certain Veterans Benefits available. |
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