SoCal Jet Boats

Discussion => The No Wake Zone => Topic started by: JWBOYER21 on February 02, 2009, 09:03:41 AM

Title: Stimulus Package
Post by: JWBOYER21 on February 02, 2009, 09:03:41 AM

Soooooo, i went and had my taxes done on friday (us marines get them done for free on base thankfully!).

when the tax lady tells me how much i was getting back, i asked why it was lower than last year. found out that i had to pay back the stimulus check that i received for me, the wife, and my son last year! so i start googling and it turns out that it was a non taxable money front. guess i should have read the fine line.  >:(

anyone else know about this?

Title: Re: Stimulus Package
Post by: Brad @ SCJB on February 02, 2009, 09:09:05 AM

Quote from: JWBOYER21 on February 02, 2009, 09:03:41 AM

Soooooo, i went and had my taxes done on friday (us marines get them done for free on base thankfully!).

when the tax lady tells me how much i was getting back, i asked why it was lower than last year. found out that i had to pay back the stimulus check that i received for me, the wife, and my son last year! so i start googling and it turns out that it was a non taxable money front. guess i should have read the fine line.  >:(

anyone else know about this?

what? you thought the government was giving out free money?! haha

yes, it was only an advance on your 2008 tax return.

Title: Re: Stimulus Package
Post by: kohensdad on February 03, 2009, 09:57:34 AM

what a crock of shit.  for all that check was worth, they shoulda just kept it. 

Title: Re: Stimulus Package
Post by: JWBOYER21 on February 03, 2009, 10:19:10 AM

is the one obama trying to get approved going to do the same thing?

Title: Re: Stimulus Package
Post by: wizard612 on February 03, 2009, 10:40:31 AM

So how does that work when they give a check to someone who doesn't pat taxes?  Does that mean they get another check to pay for the first check and then a check for this year which will be reimbursed next year? Sounds about right...

Title: Re: Stimulus Package
Post by: wizard612 on February 06, 2009, 09:59:24 AM

MSNBC.com Business section is saying that the stimulus checks last year is NOTtaxable but a ton of software packages aren't setup to calculate it that way and there are a bunch of tax preparers that don't know it.  JWBOYER21 take your return back to that preparer with a copy of the article and tell them to fix it. God knows we should not be screwing with you guys in the military.  I think all of your income should be tax free.

Title: Re: Stimulus Package
Post by: JWBOYER21 on February 06, 2009, 10:20:38 AM

you know i've been hearing that is is kind of wierd that us marines are having this taken out of our taxes. i read the article and it makes sense. i'm trying to get a hold of them. thanks wizard