"Phil Marti" <prm20871[at]verizon.net> wrote in message
news:sWiVj.1949$Uz2.243[at]trnddc06...
- quote -

However, they have to wait until next year and include a "stimulus credit"
on their 2008 tax returns.

--
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"Andrew" wrote:

- quote -

Yes, as long as they have a 2008 tax liability or at least $3,000 of
"qualifying" 2008 income.

--
Phil Marti
Clarksburg, MD

--
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Phil Marti wrote:
- quote -

How about those who earned a high income in t/y 2007 because they worked but
retired towards the end of the end and "enjoy" a much lower income in t/y
2008 (ie: well below the $75K level). They too will benefit, no?
--
----------------------------- Regards -

- Andrew

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Phil Marti wrote:
- quote -

Yeah, 147 for the payments and the balance with which to administer it!

ChEAr$,
Harlan

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"Taxmanhog" wrote:

- quote -

Well, there's the cost. Congress only appropriated roughly $300 million in
expenses for this effort, IIRC.

--
Phil Marti
Clarksburg, MD

--
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- quote -

I wonder if TAS will have a manual work-around for serious HARDSHIP cases?

It is Ironic, this law & program was designed to stimulate the economy by
placing funds in the hands of those experiencing economic stress.

IIRC, the LAW does not preclude such a policy, if they make it, problem
solved.

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

In article
<4c9c276e-cb39-4e5f-98b2-e0a1cc024301[at]w8g2000prd.googlegroups.com> ,
sue <lkcoss[at]msn.com> wrote:

- quote -

It is part of the IRS FAQ's. Go to:

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

See the forth question and answer.

--
-Ernie-

--
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"sue" wrote:

- quote -

I learned it by groping through the language of the law, HR 5140, which you
can find at http://thomas.loc.gov. Because I'm used to reading stat
language I find that easier than trying to find something in the simplified
explanations provided by IRS and the press, but that's not the case for most
people.

I suggest you try the special stimulus pages at www.irs.gov, concentrating
on finding references to the 2008 return.

--
Phil Marti
Clarksburg, MD

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

Phil wrote:
OTOH, it sounds like you may not know that the stimulus payments now
being
issued are an advance payment, based on your 2007 return, of a tax
year 2008
refundable credit. That means that if you qualify for the payment
and
didn't receive an advance payment in 2008, you'll get the credit when
you
file your 2008 return in 2009.

True? Where would I find that information ? If thast's the case I will
be much happier.


I don't know why this wasn't brought to my attention earler either and
neither did the IRS.

And no, we didn't make too much money to qualify, I wish we did.





- quote -

<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

Harlan Lunsford wrote:
- quote -


Hopefully, you didn't switch taxpayer and spouse SSN's in order to try
to move up in the schedule -- that's probably guaranteed to mess things
up for this year.

-Mark Bole

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

"Richard Barndt" <richard[at]imt.net> wrote in
news:y9adnat2zf2Oa7zVnZ2dnUVZ_q2hnZ2d[at]internetmontana:
- quote -

I agree that a regular rebate system would allow the agency to focus
on the outlyers. However, the "fair tax" (H.R. 25) does NOT propose
that "everyone" get a rebate; rather, the rebate goes to something
called a "qualified family" (Sec 302). Determining who or what meets
the "qualified family" test would provide plenty of opportunity
for problems needing customer service intervention by the 51
tax administering jurisdictions (not sure who would provide
cooordination in interstate problems). This data then flows to the
SSA who would make the actual payments as I read it.

scott s.
...

--
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"Seth" wrote:

- quote -

Not unless you join us paupers with lower income. The AGI phaseout applies
to both the 2008 credit and the advance payment.

There are cases in which people will qualify for the credit but not the
advance payment. I have a friend who exercised some stock options last year
that put him over the AGI limit for the advance payment, but I've already
instructed him on how to keep 2008 AGI low enough to qualify for the credit.
Other examples would be people who have a child in 2008 or divorced parents
who alternate years claiming a qualifying child's personal exemption.

--
Phil Marti
Clarksburg, MD

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

"Paul Thomas, CPA" <paulthomascpapc[at]bellsouth.net> wrote in message
news:1FlUj.36$Xv3.10[at]bignews4.bellsouth.net...
- quote -

I disagree. It is precisely because this was a one-time rebate that it is
so much trouble. First, it was passed at exactly the time when the IRS
software people are frantically trying to make sure that the previous year's
taxes are processed correctly and timely. Then, you were asking them to
base rebates on information that was just processed, has barely been
validated, and with new rules regarding eligibilty and amount which had to
be programmed in. On top of all that, the wording of the original law and
the subsequent notices is so confusing to the average person that results in
thousands of calls per day trying to clear up the confusion.

If I understand the Fair Tax and similar proposals correctly, you get a
rebate check every month to ensure that you do not pay tax on purchases that
would put you below the defined poverty level. Everyone gets this rebate
whether they make one dollar or one million dollars. And, the formula for
calculating the poverty level is clearly defined and based on some sort of
index which is also easy to program. Plus, there would be a transition
period for the software to be developed to do this totally new task. Based
on that understanding, checks could roll out on a regular schedule without a
hitch.

It is often easier to design a totally new process than to retrofit an
existing one. Especially given that IRS computers were invented in the
stone age because the speed of government cannot keep pace with the speed of
technology.
--
Richard

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In article <HElUj.30$7a.2[at]bignews1.bellsouth.net> ,
Harlan Lunsford <hnslunsford[at]bellsouth.net> wrote:

- quote -

Will those of us with high incomes really get the credit next year?
What I've read is that we don't.

Seth

--
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sue wrote:
- quote -

If it's over 150,000 on a joint return, no rebate this year, but you
will enjoy a lower tax by similar amount on year 2008 return.

Am I "on the money" now?

ChEAr$,
Harlan Lunsford, EA n LA

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

"Condor" <Condor[at]loosecannon.net> wrote
- quote -




Slightly off-topic. But the proponents of the proposed National Retail and
Services Sales Tax initiative tout the monthly rebate check part of their
scheme. This one-time rebate is taking two and a half months to get out,
causing tens of thousands of hours of grief by debt ridden taxpayers, tens
of thousands of hours of telephone support personnel, and untold costs
related to the above.

Does anyone see a valid reason to do this every month?





--
Paul A. Thomas, CPA
Athens, Georgia

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

"sue" wrote:

- quote -

If there isn't a next year, what difference would that pittance have made?

OTOH, it sounds like you may not know that the stimulus payments now being
issued are an advance payment, based on your 2007 return, of a tax year 2008
refundable credit. That means that if you qualify for the payment and
didn't receive an advance payment in 2008, you'll get the credit when you
file your 2008 return in 2009.

The only potential mystery to me is how you got by so many years with a
Social Security name mismatch. It's probably because you always file on
paper, and since they had your W-2's they were able to let it slide.
Instead of griping about the IRS you should be thanking them for cutting you
slack in the past.

Now that you've identified the problem, get it fixed by making sure that the
name you use on your tax return matches the name you use at Social Security.

--
Phil Marti
Clarksburg, MD

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

I finally got through to the IRS. I am being told I am not getting
it..period. I was told there is no change I can make now that will get
me the rebate. If I change my name with social security now I will be
ablr to get it NEXT year, if there is one. My husband doesn't get it
either. This is ridiculous.

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

to answer the questions,
Yes, income has been reported for the last 22 years under my married
name and social security number.
We got a refund already for the 2007 tax year.
I did check under my husbands social sec # as his is listed first on
our return, a screen comes up saying we are not eligible for the
rebate due to an invalid SS#.
We always paper file.
There are no other social security numbers on the return, just me and
my hubs.
I was able to get through to Social security yesterday but they were
of little help. They are sending me the form to change my name and had
no idea what to do about the rebate,
I have never had any problems at all with this, I have been recently
called for jury duty , have gotten 2 mortgages (one within the past 4
years) and several credit cards , my drivers license..everything
without a word.
Thanks for all your suggestions.
I will try again today to get through to IRS, hopefully I can.

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

- quote -

IRS makes one pass on each original return for ESP eligibility. If your
return was passed over because the secondary SSN is listed as invalid
(meaning the number and the name control, i.e., the first 4 letters of the
last name you used on the tax return, don't match), you will not receive a
stimulus check in 2008. It's in your interest to update your name with the
Social Security Administration (SSA), however, doing so won't change your
apparent ineligibility to receive a stimulus check.

As another response correctly told you, IRS gets a computer file weekly from
SSA that lists name corrections. You should receive Notice 1378 from IRS in
a couple of weeks formally notifying you that due to the invalid SSN, the
law forbids IRS to send you a stimulus check. As long as you get SSA to
change your name on their records this year, there should be no problem with
you qualifying for a stimulus credit on your 2008 return. All you need to
do is notify SSA of the name change. The IRS-SSA data match will take care
of the rest. However, due to IRS' one pass policy for ESPs, you and your
husband will receive any stimulus credit you qualify for when you file your
2008 tax return.

The IRS toll-free lines are flooded beyond capacity with stimulus payment
callers. If you want to talk with someone at IRS about your situation, you
can speak to an IRS customer service representative face to face at your
local IRS walk-in office.

http://www.irs.gov/localcontacts/index.html


Condor

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >