Tax Relief Check

[Reverend JC]

They took mine so they could give it to folks who don't even pay taxes. Freeking Robin Hood.

Mine too Ed, mine too

 

[Willy Boner]

Unless I'm mistaken, we haven't had a balanced buget in years, so this stimulous money is borrowed (China?), saddling us with even more national debt. Funny how 70% of our current debt was incurred under the last three conservative (laughs to self) presidents!

Make sure you vote. If we keep digging this hole, we will reach China!

 

[JustDave]

Since a huge chunk of our savings is going towards our down payment, this check is going right back in there.

Boring, I know.

 

[blacklab]

They took mine so they could give it to folks who don't even pay taxes. Freeking Robin Hood.

None for me either. yay.

 

[kappclark]

Suppose you owe $300 in taxes when filing April 15th.

Do they deduct from the stimulus check ?


(1,200 - 300 = 900 ... still enough to start kegging! )

 

[beergears]

Suppose you owe $300 in taxes when filing April 15th.
Do they deduct from the stimulus check ?

... Emphasis on "when filing April 15th"..

 

[FlyingHorse]

Suppose you owe $300 in taxes when filing April 15th.

Do they deduct from the stimulus check ?

Filing your return is what triggers the stimulus payment. So the only way your scenario could happen is if you filed and owed, but didn't pay. Then the IRS might withold your back taxes from your payment.

Q. The notice I received shows that I should have gotten more than the government actually deposited into my bank account. Did something go wrong?
A. It could be that the amount deposited into your bank account was what remained of your stimulus payment after it was offset for money you owed on back taxes or other debts such as a student loan or child support. If this is the case, you’ll receive an additional notice, providing details on the offset.

 

[John Beere]

Finally found something useful to use the money towards - the closing costs on refinancing our house... made the deal yesterday. We are getting $1,800 and the closing costs were $1,814.

 

[MA_Brewer]

Finally found something useful to use the money towards - the closing costs on refinancing our house... made the deal yesterday. We are getting $1,800 and the closing costs were $1,814.

Sweet - what rate did you get?