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General Forums => The O' Club => Topic started by: smkelly13 on May 09, 2009, 06:24:24 PM

Title: Stimulus Checks 2009 edition
Post by: smkelly13 on May 09, 2009, 06:24:24 PM
Is there such a thing?
Some sources stated March, others April, while further sources cite May.

Any takers for June?

Seriously though, are "we" getting them, or not?
Title: Re: Stimulus Checks 2009 edition
Post by: Meatwad on May 09, 2009, 09:19:28 PM
my "stimulus" check was not having federal taxes taken out of my check.

Luckily I had extra taken out so I dont have to pay in next year


Honestly, whoever thought that was a good idea should be hung by the neck
Title: Re: Stimulus Checks 2009 edition
Post by: uptown on May 10, 2009, 06:33:18 AM
Is there such a thing?
Some sources stated March, others April, while further sources cite May.

Any takers for June?

Seriously though, are "we" getting them, or not?
no checks this year. you're just getting a few extra bucks in your paycheck each week.
Title: Re: Stimulus Checks 2009 edition
Post by: Donzo on May 10, 2009, 12:38:07 PM
Is there such a thing?
Some sources stated March, others April, while further sources cite May.

Any takers for June?

Seriously though, are "we" getting them, or not?

Why would you even worry if you're getting a hand-out or not?
Title: Re: Stimulus Checks 2009 edition
Post by: whels on May 10, 2009, 02:50:06 PM
My dad and i both just got stimulas checks through SS. $ 250 each  this week.
Title: Re: Stimulus Checks 2009 edition
Post by: Strip on May 10, 2009, 02:52:13 PM
Why would you even worry if you're getting a hand-out or not?

Because some NEED that handout.....
Title: Re: Stimulus Checks 2009 edition
Post by: Raptor on May 10, 2009, 02:56:24 PM
This thread will be closed before morning
Title: Re: Stimulus Checks 2009 edition
Post by: WilldCrd on May 10, 2009, 03:37:02 PM
My dad and i both just got stimulas checks through SS. $ 250 each  this week.

My parents both just got this. According to the letter that came ahead of the checks it's for SS RECIPIENTS not just anybody.
When my mom told me my wife thought we would get 1 or 2 as well until I told we would have to be drawing out SS or SS-disability.

As for the stimulus checks the only thing I have heard is that we are getting a few extra bucks in each paycheck = to $400 for singles and $800 for couples. they then divide that by how many checks you get a year and voila. personally I would rather they didnt because what they DONT tell you up front is that next year at tax time.......






..............














............wait for it
















...........













We get to PAY THAT CASH BACK!! woohoo!!!
just like when my accountant did my taxes and informed me that I gotta figure in that $600 we got last year as income and pay taxes on it   :furious

I would have rather not gotten it. It is all smoke and mirrors to make ppl feel better but in truth it really doesn't amount to much. I can make make more than that working about 13hrs of OT in a week
Title: Re: Stimulus Checks 2009 edition
Post by: smkelly13 on May 10, 2009, 05:25:42 PM
Making $7.40 an hour, being disabled, and a full-time college student, getting any extra income is gladly welcomed.

Jerk.

Is that better?
Title: Re: Stimulus Checks 2009 edition
Post by: dkff49 on May 10, 2009, 06:29:12 PM
My parents both just got this. According to the letter that came ahead of the checks it's for SS RECIPIENTS not just anybody.
When my mom told me my wife thought we would get 1 or 2 as well until I told we would have to be drawing out SS or SS-disability.

As for the stimulus checks the only thing I have heard is that we are getting a few extra bucks in each paycheck = to $400 for singles and $800 for couples. they then divide that by how many checks you get a year and voila. personally I would rather they didnt because what they DONT tell you up front is that next year at tax time.......






..............














............wait for it
















...........













We get to PAY THAT CASH BACK!! woohoo!!!
just like when my accountant did my taxes and informed me that I gotta figure in that $600 we got last year as income and pay taxes on it   :furious

I would have rather not gotten it. It is all smoke and mirrors to make ppl feel better but in truth it really doesn't amount to much. I can make make more than that working about 13hrs of OT in a week

you might want to check around because I paid no taxes on that money and did not have to pay any of it back neither.

The way it was explained to me was that money was considered a refund on your 2008 taxes that was just paid out to you before the end of the tax season. This was not income but wrote in to be refund of what you were going to be paying in anyway.

As a matter of fact there were some people received too much money due to the child credit that went with it. The refund was given based on 2007 taxes and some people had dependants in 2007 but none in 2008. Those people all got the child credit when they received their refund and paid none of it back but the parent that did claim those children that year were able to get the refund for their child on their 2008 tax return. This is the reason H&R block had all those advertisements that said that you may still receive money from the stimulus that was paid out in 2008.
Title: Re: Stimulus Checks 2009 edition
Post by: mensa180 on May 10, 2009, 08:55:42 PM
My grandfather got 250 bucks in the mail from SS over a month ago.
Title: Re: Stimulus Checks 2009 edition
Post by: Tango on May 10, 2009, 09:43:28 PM
Thing is, you may get it now but we will ALL be paying for it for years to come.
Title: Re: Stimulus Checks 2009 edition
Post by: AWwrgwy on May 11, 2009, 03:05:38 AM
I didn't pay my 2008 Stimulus back either and I was thinking the same thing because the first stimulus, (when was that?), I did pay back because there was a place on my 1040EZ to deduct it from any refund I received that year.

Not this year though.


wrongway
Title: Re: Stimulus Checks 2009 edition
Post by: BaDkaRmA158Th on May 11, 2009, 04:44:42 AM
For 20 dollers today you pay me back 80 the next day!  :rock



You will be getting it, and they will be taking it back at the end of this year + interest.
its the american way. Takes $ to make $$.  :rofl
Title: Re: Stimulus Checks 2009 edition
Post by: trax1 on May 11, 2009, 05:45:14 AM
I'm getting mine this month, just got a letter saying that I'm getting $250 from Obama's stimulus plan, but it's through my SSI disability I get.
Title: Re: Stimulus Checks 2009 edition
Post by: CAP1 on May 11, 2009, 07:55:23 AM
no checks this year. you're just getting a few extra bucks in your paycheck each week.

of which you'll pay back more than double next year.
Title: Re: Stimulus Checks 2009 edition
Post by: Donzo on May 11, 2009, 10:38:52 AM
Making $7.40 an hour, being disabled, and a full-time college student, getting any extra income is gladly welcomed.

Jerk.

Is that better?

Let me get this straight.

You make $7.40 an hour, are disabled, and a full-time student.

Do you actually pay any net taxes?

If not, why should you get any "extra income" (as you like to call it)?

Title: Re: Stimulus Checks 2009 edition
Post by: Anaxogoras on May 11, 2009, 10:41:26 AM
I can remember making wages like that and I still paid.  There is no income too small for taxes. :t
Title: Re: Stimulus Checks 2009 edition
Post by: WilldCrd on May 11, 2009, 11:00:38 AM
Making $7.40 an hour, being disabled, and a full-time college student, getting any extra income is gladly welcomed.

Jerk.

Is that better?

 If your disabled and on SS-disability you will get the $250.

There is no reason to go calling ppl names tho.
Title: Re: Stimulus Checks 2009 edition
Post by: trax1 on May 11, 2009, 11:01:28 AM
Let me get this straight.

You make $7.40 an hour, are disabled, and a full-time student.

Do you actually pay any net taxes?

If not, why should you get any "extra income" (as you like to call it)?


I'm disabled myself and your allowed to make money with a part-time job up to a certain amount, the more you make on your part time job though, the less you get in disability, it's been awhile since I knew what the amounts exactly where but I think it's something like up to $3000 you still get your full disability, anything above that you get less & less in disability.

Now I don't have any part time job so I get my full disability, which actually isn't all that much since I became disabled at 19, so I had only about 3 years of working to put into Social Security, but I'm getting $250 from the stimulus package which I'm grateful for because when the Bush stimulus happened I didn't get any of that.
Title: Re: Stimulus Checks 2009 edition
Post by: CAP1 on May 11, 2009, 11:35:50 AM
I can remember making wages like that and I still paid.  There is no income too small for taxes. :t
i thought it was 20k?

i remember having taxes withheld, but i got them all back at the end of the year when i had my first jobs that were below 20k/year
Title: Re: Stimulus Checks 2009 edition
Post by: Dragon on May 11, 2009, 11:50:18 AM
i thought it was 20k?

i remember having taxes withheld, but i got them all back at the end of the year when i had my first jobs that were below 20k/year

It's also based on family size, like a family of 4 can make up to say 29,000 and still get all of their federal back.  Not sure what the # is, but several years ago we were over the magic # by less than $100 and only got a small % of the money back.
Title: Re: Stimulus Checks 2009 edition
Post by: CAP1 on May 11, 2009, 11:54:37 AM
It's also based on family size, like a family of 4 can make up to say 29,000 and still get all of their federal back.  Not sure what the # is, but several years ago we were over the magic # by less than $100 and only got a small % of the money back.

YA....that same thing is going to cost a lot of people more too.......the little extra they get in their paychecks will push them up to the next tier......and they'll end up with more being taken out of their checks. or ownig more at the end of the year.
Title: Re: Stimulus Checks 2009 edition
Post by: Mickey1992 on May 11, 2009, 11:59:04 AM
My MIL got her check last week.  She was all happy about it.  Then I explained to her that her daughter and I would be the ones paying that debt back.  She stopped bringing it up.   :D
Title: Re: Stimulus Checks 2009 edition
Post by: trax1 on May 11, 2009, 12:00:37 PM
My MIL got her check last week.  She was all happy about it.  Then I explained to her that her daughter and I would be the ones paying that debt back.  She stopped bringing it up.   :D
She's on SSI and she already got hers?  I get direct deposit and I'm still waiting, I just got the letter about a week & a half ago.
Title: Re: Stimulus Checks 2009 edition
Post by: rod367th on May 11, 2009, 12:04:19 PM
no checks this year. you're just getting a few extra bucks in your paycheck each week.


i got my 250 last week. direct deposit check your bank.