It's Not Too Late to Claim Your Economic Stimulus Payment: IRS Will Issue
Checks Through End of Year
July 11, 2008
The last of
the economic stimulus checks have been issued under the
planned payment schedule, which was a timetable for tax
returns that were filed and processed before April 15.
However,
the Internal Revenue Service will continue processing tax
returns and issuing economic stimulus payments for much of
the year.
It is not
too late to file a return to claim an economic stimulus
payment. The IRS urges people to file by October 15 to
ensure they receive a payment prior to year's end. It can
take up to eight weeks for the IRS to process the return and
issue the payment.
For people
who have no tax liability or no tax filing requirement,
there is a minimum payment of $300 ($600 for married
couples), plus the $300 for each qualifying child. To be
eligible for the minimum payment, individuals must have at
least $3,000 in qualifying income.
Qualifying
income includes any combination of earned income, nontaxable
combat pay and certain benefit payments from Social
Security, Veterans Affairs and Railroad Retirement. The IRS
is continuing to work with numerous state, local and
national partners to reach people who have no tax liability
or no tax filing requirement and to help them file a simple
Form 1040A.
Below are
some links to IRS.gov and the U.S. Treasury regarding
economic stimulus payments:
Also visit
www.treas.gov to see the
Treasury News Release Cumulative Economic Payment Totals.
Remember that for the genuine IRS Web site be sure to use .gov.
Don't be confused by internet sites that end in .com, .net,
.org or other designations instead of .gov. The address of
the official IRS governmental Web site is
www.irs.gov
Links:
Economic Stimulus Payment Information Center
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