Results 1 to 5 of 5
-
January 15th, 2009, 09:31 AM #1Banned
- Join Date
- Nov 2008
- Location
-
Lititz,
Pennsylvania
(Lancaster County) - Posts
- 385
- Rep Power
- 0
Question about last year's stimulus checks?
Does anyone know for a fact whether we have to pay it back this year when we file our income taxes? TIA.
-
January 15th, 2009, 09:39 AM #2
Re: Question about last year's stimulus checks?
Unless they changed something - No, the stimulus checks do not count as income and do not need to be repaid
The first vehicles normally on the scene of a crime are ambulances and police cruisers. If you are armed you have a chance to decide who gets transported in which vehicle, if you are not armed then that decision is made for you.
Be prepared, because someone else already is and no one knows their intent except them.
-
January 15th, 2009, 09:42 AM #3Grand Member
- Join Date
- Apr 2007
- Location
-
Pennsyltucky,
Pennsylvania
- Posts
- 8,076
- Rep Power
- 21474861
Re: Question about last year's stimulus checks?
Not sure, but I'm thinking it may need to be reported to the State.
FUCK BIDEN
-
January 15th, 2009, 11:40 AM #4
Re: Question about last year's stimulus checks?
June/July 2008, No. 136
Treatment of Federal Economic Stimulus Payments
On April 28, the U.S. Treasury Department began issuing federal economic stimulus payments to qualifying taxpayers.
The Pennsylvania Department of Revenue has determined that the 2008 federal stimulus payments are not to be included as a taxable source of income for personal income tax or Property Tax/Rent Rebate program purposes. In addition, these payments should not be included in eligibility income for personal income tax, tax forgiveness purposes.
However, federal economic stimulus payments are subject to PA Inheritance Tax. If a decedent filed a 2007 personal income tax return, or one was filed on his/her behalf after his/her death, the decedent was eligible for and due the payment. Even if the decedent died prior to receiving the payment, it was obligated to him/her during their lifetime. Consequently, the payment becomes a part of their taxable estate upon payment and ultimately distributed to the beneficiary.[/QUOTE]
http://www.revenue.state.pa.us/reven...TION_ID=285547Last edited by tl_3237; January 15th, 2009 at 11:51 AM.
-
January 15th, 2009, 11:52 AM #5
Re: Question about last year's stimulus checks?
Also stimulus payment not taxable by IRS:
Basic Information on the Stimulus Payments
Updated July 18, 2008
Find out more about what it is and how to get it, if you haven’t already.
What is it? It's an economic stimulus payment that more than 124 million households will receive. It's not taxable, and it won't reduce your 2007 or 2008 refund or increase the amount you owe when you file your 2008 return. Payments started in May and will continue through the end of 2008.
Similar Threads
-
Economic Stimulus package round II?
By BerksCountyDave in forum GeneralReplies: 15Last Post: November 6th, 2008, 09:48 PM -
New Stimulus Check In The Works?
By jcabin in forum GeneralReplies: 12Last Post: October 24th, 2008, 07:56 PM -
Refunds and stimulus
By ••SpraynPray•• in forum GeneralReplies: 4Last Post: October 7th, 2008, 12:01 PM -
Poll - Have You Received Your Stimulus Check Yet?
By sjl127 in forum GeneralReplies: 17Last Post: June 17th, 2008, 09:09 PM -
Year of manufacture question...
By stevieb92 in forum GeneralReplies: 0Last Post: May 21st, 2007, 07:20 PM
Bookmarks