File for your Free Money
If you want to receive an economic stimulus payment this summer, you need to file a tax return for 2007. This holds true for those who usually file a return, as well as those who are not normally required to do so. This includes retirees, disabled veterans, and low income individuals. Although you need to file in order to receive your payment, you are not required to do so if the money is of no interest to you. Of course, this would be silly. After all, how often does the IRS send out free money?
In order to help individuals who do not usually file, the IRS has decided to open several offices. This will allow individuals who do not usually file to receive professional help with submitting Form 1040A. This is the form that has been designated for those who are only filing to receive an economic stimulus payment.
Starting in May, payments will be sent to more than 100 million individuals. The Economic Stimulus Act of 2008 is meant to inject life into a struggling United States economy that is spiraling downward.
Taxpayers who already filed a return for 2007 do not have to take any further action. Instead, all they need to do is sit back and wait for their check.
All in all, in order to receive this free money from the IRS, you must file a tax return. With the help of a local IRS office, those who usually don’t file should be able to get the necessary help. For further information, contact the IRS office in your area to see if this service is available.
March 28th, 2008 at 8:46 am
[…] nicola@themoneygym.com (Nicola Cairncross) wrote an interesting post today onHere’s a quick excerptIf you want to receive an economic stimulus payment this summer, you need to file a tax return for 2007. This holds true for those who usually file a return, as well as those who are not normally required to do so. … […]
March 28th, 2008 at 8:54 am
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[…] File for your Free Money If you want to receive an economic stimulus payment this summer, you need to file a tax return for 2007. This holds true for those who usually file a return, as well as those who are not normally required to do so. … […]
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April 30th, 2008 at 3:28 am
What is the order that IRS is sending the stimulus payments out I heard that there going by last name or there SSN. Please Let me know. Thank You
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