Quote:
Originally Posted by urklvt  Yeah, when I first heard about this "stimulus" all I could do was  .
All people heard was, "you'll get a check" and pre-spent the money they thought they were going to receive.
I set my finances up so I either break even on April 15 or, now that I have a kid, get a small amount back, just to make sure that I don't owe anything. I hate the thought of giving the government an interest-free loan on my money, so I refuse to treat my taxes as a savings plan.
The "rebate" check? Yeah, I'm not seeing any of that. |
Eric, I think you misunderstood the idea behind the check. It's not an advance on the money the government would normally give you back at tax season - rather, it's an advance payment on a reduction in your tax liability for the 2008 fiscal year. They're not giving you your tax return payment on your excess income tax payments early - rather, they're reducing the amount you
owe by $600, and then giving you that money now.
So, I'm assuming you DO pay taxes - you'll be getting a check.
