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Re: OT Economic Stimulus Payment for Pensioners-Help!


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Posted by steve in in on March 26, 2008 at 10:18:51 from (75.149.81.30):

In Reply to: OT Economic Stimulus Payment for Pensioners-Help! posted by Pappy on March 25, 2008 at 19:27:56:

My Dad wasn't going to get any of the money because he had already filed his return and gotten his rebate. He made less than $3000 last year.

I said, "Didn't you get paid cash for painting someone's house?" I told him he needed to turn that in by filing an amended return.

He did as I said and ended up owing the state about $60, but he has several hundred more coming back from the IRS and $900 from the economic stimulus package. He has a wife and a dependent, thus he will receive $900.

He was pretty happy with my advice. It should net him about $1500.

The point is, if anyone falls below the threshold, they should consider other income that they may not have thought about. You know, the under the counter kind. In the end, you might get more money back than you thought and you will be legal.


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