Economic Stimulus

[Black Jack (1)]

IRS

Notice 1377 (February 2008)

Catalog Number 51255B

www.irs.gov

Dear Taxpayer:

Economic Stimulus Payment Notice

We are pleased to inform you that the United States Congress passed and President George W.

Bush signed into law the Economic Stimulus Act of 2008, which provides for economic stimulus

payments to be made to over 130 million American households. Under this new law, you may be

entitled to a payment of up to $600 ($1,200 if filing a joint return), plus additional amounts for each

qualifying child.

We are sending this notice to let you know that based on this new law the IRS will begin sending

the one-time payments starting in May. To receive a payment in 2008, individuals who qualify will

not have to do anything more than file a 2007 tax return. The IRS will determine eligibility, figure the

amount, and send the payment. This payment should not be confused with any 2007 income tax

refund that is owed to you by the federal government. Income tax refunds for 2007 will be made

separately from this one-time payment.

Individuals who qualify may receive as much as $600 ($1,200 if married filing jointly). Even if you

pay no income tax but have a total of $3,000 or more in earned income, Social Security benefits,

and/or certain veterans’ payments, you may receive a payment of $300 ($600 if married filing

jointly).

In addition, individuals eligible for payments may also receive an additional amount of $300 for

each child qualifying for the child tax credit.

To qualify for the payment, an individual, spouse, and any qualifying child must have a valid Social

Security number. In addition, individuals cannot receive a payment if they can be claimed as a

dependent of another taxpayer or they filed a 2007 Form 1040NR, 1040NR-EZ, 1040-PR, or

1040-SS.

All individuals receiving payments will receive a notice and additional information shortly before the

payment is made. In the meantime, for additional information, please visit the IRS website at

www.irs.gov.

[Black Jack (1)]

This is in 2007 and 2008 so if you have to file don't be like me and do it on the last day lol.

[Black Jack (1)]

I have to fill out form 8453 OL and turn it in or mail it. Has anyone received there check and how long did it take to come cause I have things to buy that this will surely help out on.

[Gaf The Horse With Tears]

I got mine months ago. Like.. first week of June I think.

[Black Jack (1)]

How many days after you filed did it take?

[Gaf The Horse With Tears]

Well, I filed my taxes in February and thats all you need to do to get it. Arn't you a bit late?

[Black Jack (1)]

literally but I can still get it from what they told me at the local office. Good thing is my income is 1 dollar under the EIC limit so I qualify for it as well talk about luck.

[Rev.Reverence]

literally but I can still get it from what they told me at the local office. Good thing is my income is 1 dollar under the EIC limit so I qualify for it as well talk about luck.

Richie-Riches are ALWAYS trying to get the $-1 bracket...(I phrased that funny 'cause I am still asleep)

[Black Jack (1)]

Is it coming back for 2k9?

[Rev.Reverence]

Is it coming back for 2k9?

???

Keep me informed!

[Slogo]

Listen to all you lazybones

I finished my taxes nearly a year ago

all done now