Tuesday, February 19, 2008

Stimulus Package

As I blogged before, I was waiting for word on the stimulus package before I would send in my tax forms this year. However, turns out, the stimulus package is a separate check (as noted by an alert reader) that is sent out to current tax payers. This means that those used to not paying taxes would still have to send in a tax form in order to collect the $600 per head stimulus.

You can read more here. But essentially, individual earners under $75K and for couples less than $150K. Those above that income will see the $600/$1200 slowly phases out.

This of course means I can send in my taxes this weekend, after I do a final once over.

1 comment:

Anonymous said...

Dont forget to change your W-4 for tax year 2008.

: )