Useless Facts/Chit Chat Thread

[BigDaddyRog]

I was over 30 then but not yet 35. I'm about as evened out as I'll ever get........

Like a well polished piece of marble, right?

 

[PolynesianPixie]

I doubt it. After seeing your picture, I believe I am significantly older than you (gratuated high school in 1978).
The P-furs album I was listening to actually belongs to SWMBO, but I like them too.

Oh...yeah, you're older.

It's my understanding that we need to file 2007 taxes to generate the tax rebate check. If you file electronically and have a refund direct deposited into your bank account then you will receive your gov. tax rebate check that way. If you mail your taxes in and receive a refund or pay via the mail, they will be mailing you the check, and that would take longer.


I am confused as to how much we are receiving. As I've read it's $300.00 per person or $600.00 per couple and then an additional $300.00 for each dependent. My son told me he thought he was receiving $600.00 as an individual..so maybe I'm wrong.
Also confused by whether I will receive the $300.00 credit for daughter 20 full time student. as we claim her as a dependent..but she also files her own tax return because she works part time. I'm not sure if she get's it sent to her..or if we get it included in ours. Since she "owes" money this year..and mom and dad paid it...I hope we get her portion included in ours.
Guess I ought to call the accountant. Those poor folks are probably going out there minds today..so I think I'll wait a bit.

I'm confused by this thingy, too. You get so much, but if you make more than X then you may or may not get said amount. If you claimed kiddos than you could get some for them, but only if you get the child tax credit. I'm very confused, but I know that we'll get somewhere between $0 and $1500 on May 9. Here's hoping it's more than less. I could use it for FW!!!!

 

[Shannone1]

We are having our taxes done this afternoon....talk about waiting until the last minute !!

 

[BigDaddyRog]

Me too Shannon....nothing like a little last minute tax stress! The USPS still stays open till midnight on the 15th, right?

 

[des1954]

I did "Turbo Tax" filing back in February & owed an additional amount. T-T said to make sure you had enough in your checking account to cover the payment, which would be withdrawn on 4/14. Just for grins I checked my bank account online yesterday, and at 12:01am on 4/14, the amount I owed the IRS was withdrawn!!! POOF! (And very punctual, I must say!)

 

[des1954]

Me too Shannon....nothing like a little last minute tax stress! The USPS still stays open till midnight on the 15th, right?

I think one main post office in each town stays open til midnight tonite, Rog. Then, your money can go POOF, too!

 

[Conan the Librarian]

Having spent the better part of the last few months removing spyware, virii, trojans, backdoors, and other malware from my customers computers I am convinced that there is a special circle of Hades reserved for spammers and malware writers.

Best thing for these folks is to cut off their hands, and not let them near a computer ever again.

Light punishment I know, but, there it is.

 

[VACAMPER]

Iwould die if i had to pay. We always file single no dependents just to make sure. I need my returns for vacation money.

 

[clkelley]

I think it's $600 per person, $1200 for a couple, and $300 for dependents under 17. (If they qualify for the child tax credit, they qualify for the rebate.)

If you are claiming your 20YO daughter as your dependent, no check for her.

She is too old to claim under your taxes for the rebate, but since she is listed as a dependant on your taxes, she can't get her own rebate.

Now, you listed the dates by SS#, for couples, for married, filing joint, is that the primary SS#, or will I get my money on one date, and DH get his money on another date???

 

[chief19spixi]

We are having our taxes done this afternoon....talk about waiting until the last minute !!

you know you could of asked for an extension!! LOL

 

[AuburnJen92]

you know you could of asked for an extension!! LOL

Yes, but if she owes money, the check still has to be dated and postmarked by today!

 

[RvUsa]

I think Ami said we need some conflict, so here goes. I am a strong proponent of the Fair Tax. Check it out at fairtax.org if you get a chance. April 15th would just become another nice spring day!

Ok, off my tiny little soap box and back to the regular stuff.

 

[AuburnJen92]

See, the fair tax is logical and simple to understand, therefore, it could NEVER be passed by Congress. Look at the tax code. You have to go to college for at least 4 years to understand it!

I agree with it, but find it hard that the politicians, who all speak out of both sides of their mouths, will pass such a thing.

 

[PolynesianPixie]

I have to admit. I like the chunk of change we get after we file

 

[des1954]

I think Ami said we need some conflict, so here goes. I am a strong proponent of the Fair Tax. Check it out at fairtax.org if you get a chance. April 15th would just become another nice spring day!

Ok, off my tiny little soap box and back to the regular stuff.

Yeah..... I'm okay with this one....

The FairTax Act (HR 25, S 1025) is nonpartisan legislation. It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities.
The FairTax taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.

It'll never happen, as Jen said, but I'm still for it!!

The other thing I would like to see happen, but never will, is a "straight across the board" tax on income. Hit each & every person & business above poverty level or above a certain age, or with a viable disability (not "I've got a bad back so I can't work, disability") with a simple, let's say 10% tax, and leave it at that! No forms, no IRS, nada! Oooooohhh, think about all the tax lawyers that would be unemployed - oh, my broken heart!

 

[RvUsa]

I have to admit. I like the chunk of change we get after we file

Yeah, but it is not like you are getting free money, you are only getting PART of your own money back.... LOL They get to keep it for a year, use it, and then refund a portion back to you....

 

[RvUsa]

I knew I could stir the pot.... see Ami, I will get this thread over 2000 in no time.

 

[des1954]

Gotta agree with John's "thingy" viewpoint on the refund. If you get $$$ back, it's just the IRS returning to you what is rightfully yours. It seems like found money, but no, it's just your $$$ you let the Gov't borrow for awhile.... and they don't even pay you interest on it!! Let's see if that would happen in reverse. NOT!!! The IRS does not employ !

 

[des1954]

Has anyone heard anything about a new baby Reilly???? Seems Chris should have posted something by now!

 

[VACAMPER]

I agree with pp, i like getting the money back. I know its our money that they use but, I can't save. To many camping trips. I love my refund every year. $10,000 this year. Paid of the credit card, went to disney and still have money.