How will you spend you upcoming $600 government refund?

[cking2729]

Originally Posted by GreenFlash06

So if I have only done my taxes this year, because I just started working in 07', how much cash dollars do I get?

I believe if you make less than 125,000 you get $600. Married couples get $1200 and I think maybe a little more if you have kids.

I think many people here agree, including myself, this government refund deal is the last thing we need when this year's deficit is going to be double last years, but I suppose I'll at least do right with it and find some American goods to buy. It's kind of hard when everything I like comes from China and Japan, though.

[krazeyeyez]

so if i worked last year and paid taxes (got a w2 this year) but i am not currently working...... i get this refund?
if yes when should i expect this to arrive?

[GreenFlash06]

Originally Posted by krazeyeyez

so if i worked last year and paid taxes (got a w2 this year) but i am not currently working...... i get this refund?
if yes when should i expect this to arrive?

You have to file your taxes this year in order for you to get that extra refund. I heard that we might get our cash dollars sometime in early May.

[krazeyeyez]

Originally Posted by GreenFlash06

You have to file your taxes this year in order for you to get that extra refund. I heard that we might get our cash dollars sometime in early May.

what does that mean exactly i will be doing my taxes soon because i want my refund, or do you mean that i will get this money and if i don't work THIS YEAR then i will owe it back?

[GreenFlash06]

Originally Posted by krazeyeyez

what does that mean exactly i will be doing my taxes soon because i want my refund, or do you mean that i will get this money and if i don't work THIS YEAR then i will owe it back?

Well Im not to sure about your situation...Are you gonna have to pay this year, even though you didnt work? Did you get A W-2 by the way?

[krazeyeyez]

yes i working at the start of 2007 until i believe nov. 2007 and yes i got a w2, in the past i have got a pretty decent return and i have never owed any money, currently looking for a job but the local economy sucks.

[camper]

Originally Posted by Cory108

If you got a tax refund last year, you get $300. $600 if you are married and $300 for every kid.

If you paid taxes last year, you get $600 and $1200 if you are married plus $300 for every kid.

No....that isn't right at all.

If don't pay taxes but earn at least 3k (unemployment, welfare, etc) you get $300. If you make between 3k and 75k, you get $600. Married couples get $1,200 if they earn below 150k combined. If you make over 75k single or 150k married, you get a lowered amount. (5% per 1k over 75k/150k). If you have kids, you get $300 per kid. That decrease applies even if you have kids, so if you make over 200k together and still have 4 kids you'll get nothing since the 5% per 1k exceeds the total amount of the rebate.

Originally Posted by krazeyeyez

what does that mean exactly i will be doing my taxes soon because i want my refund, or do you mean that i will get this money and if i don't work THIS YEAR then i will owe it back?

They're basing this off of the 2007 return you file. Don't file a return, you get nothing until you do. If you've already filed, you've done everything you need to do.

And this money is in addition to any refund you might be getting, or additional taxes you might have to pay.

As for the original question, we'll probably buy at least a few blu's, but most will go towards debt or pre-paying certain expenses.

~Camper

[krazeyeyez]

*does the happy monkey dance* ps3 here i come

[GreenFlash06]

Originally Posted by camper

No....that isn't right at all.

If don't pay taxes but earn at least 3k (unemployment, welfare, etc) you get $300. If you make between 3k and 75k, you get $600. Married couples get $1,200 if they earn below 150k combined. If you make over 75k single or 150k married, you get a lowered amount. (5% per 1k over 75k/150k). If you have kids, you get $300 per kid. That decrease applies even if you have kids, so if you make over 200k together and still have 4 kids you'll get nothing since the 5% per 1k exceeds the total amount of the rebate.



They're basing this off of the 2007 return you file. Don't file a return, you get nothing until you do. If you've already filed, you've done everything you need to do.

And this money is in addition to any refund you might be getting, or additional taxes you might have to pay.

As for the original question, we'll probably buy at least a few blu's, but most will go towards debt or pre-paying certain expenses.

~Camper

Yeah thats it. Sorry if I confused you. I learned a little from my mom. She doesnt do them anymore and she gets angry when someone asks her about taxes. So I tried to get some info from her but she would ignore me and talk about something else.

[Cordre69]

It is going in my road trip fund =D
June I'm going CA to AZ, to VA, to PA, to NY, back to CA~
Every state I have good frends.

[Bigdog]

Originally Posted by cking2729

I believe if you make less than 125,000 you get $600. Married couples get $1200 and I think maybe a little more if you have kids.

I think many people here agree, including myself, this government refund deal is the last thing we need when this year's deficit is going to be double last years, but I suppose I'll at least do right with it and find some American goods to buy. It's kind of hard when everything I like comes from China and Japan, though.

Actually the government classifies you as rich if you make over 75k, or 150 combined if married. So if you make more then 75k a year, sorry but the government thinks you deserve nothing and your money should go to the welfare rejects who cant lift a finger to help themselves except for banging like rabbits to increase their welfare check.

[angelamia]

my dad's a taxman and i've heard nothing about this $600... im gunna email him now..

As for the money... its going in the account, but i'm about to get a car (mine was totaled) so it will just "replenish" the money i'm spending on that

[Bigdog]

Originally Posted by angelamia

my dad's a taxman and i've heard nothing about this $600... im gunna email him now..

As for the money... its going in the account, but i'm about to get a car (mine was totaled) so it will just "replenish" the money i'm spending on that

This is the same thing bush did i believe the summer after 9/11, your tax man will have nothing to do with this as my guess you will see it sometime this summer when the irs gets around to sending them out. I could be wrong but this is the way im expecting it to get distributed, i would not count on seeing it anytime soon.

[bambam1901]

I heard on the news that everyone should have their checks sometime in May.

[gvortex7]

Originally Posted by bambam1901

I heard on the news that everyone should have their checks sometime in May.

Clarification: The IRS will start issuing checks starting in May, and that is IF there's no holdup such as Bush not signing off on it or something else.

[camper]

Originally Posted by gvortex7

Clarification: The IRS will start issuing checks starting in May, and that is IF there's no holdup such as Bush not signing off on it or something else.

He already signed it Wednesday, and last Thursday he agreed to the package after congress added in the disabled and retired (which should have been the case from the start).

He would have rejected it if they wanted to take on another couple hundred billion to give non-taxpayers (and really, we're talking welfare recipients here) the same amount as everyone else (thereby lowering the rebate to the working class) and all the extra healthcare costs that the congressional democrats were trying to tack on.

It would be like going to the store to buy a new Blu Ray, and the salesman trying to add on a new player, new TV, new home theater, and a new home to go along with it. Oh yeah, and a new car to get all that new stuff to your new home.

~Camper

[Sylin]

Originally Posted by Bigdog

Actually the government classifies you as rich if you make over 75k, or 150 combined if married. So if you make more then 75k a year, sorry but the government thinks you deserve nothing and your money should go to the welfare rejects who cant lift a finger to help themselves except for banging like rabbits to increase their welfare check.

ROFL! +1 God helps those who help themselves, but the government helps those who don't. Ahh... I love the irony.

You're not exactly considered "rich" if you make over $75k, you're just in the next higher tax bracket. You would still be considered "middle class".

But this trivia tidbit will bake your noodle: if you are a US citizen with no debt, including no mortgage, and over $10,000 in the bank, you are in the top 3% of wealthiest Americans.

[d_rob1031]

Originally Posted by Bigdog

Actually the government classifies you as rich if you make over 75k, or 150 combined if married. So if you make more then 75k a year, sorry but the government thinks you deserve nothing and your money should go to the welfare rejects who cant lift a finger to help themselves except for banging like rabbits to increase their welfare check.

Don't forget the fact you don't need to pass a drug test to get on welfare, but you do to get a job. No wonder none of them want a job, can't get one, can't do drugs. Welfare = free money for drugs and more kids = more money = more drugs.

If only I had more of a say so in things...