Stimulus check

[Admin]

Did all of you received your Stimulus check yet ?:yikes:

[McGee]

:rolleyes:...I haven't filed my 2007 taxes yet...:o...So I don't get one...and from what I understand they are done for the year...:(

[The_Governor]

Harry if you're referring to the prostate exam I recieved at my last physical..................then yes my "stimulus check" has arrived;)

[the_wolf]

IRS get my refund to pay off my behind student loan... so only thing that got stimulated was the Dept of Ed... :D

[Fkatz]

If you have not received your Stimulus Check, and you owe BACK TAXES, Child Support, HUD loans, Student loans, you will not receive your extra check. it will be applied toward any outstanding goverment obligations still outstanding.

There is one thing about the Stimulus Package. No word has been said that the Extra Check will be taxed for 2008 and must be reported on your 2008 tax return.

IF you have any other questions please do not hesitate to ask,
We will be here every Friday if possible to answer your question and post information

Franklin Katz, ATP, PA. CPB
Franks Tax & Business Service
120 York Rd
Kings Mountain, NC 28086-3151
(704) 739-4039
Fax: (704) 739-3934




Circular 230 Disclaimer - Any tax advice in this communication (including any attachments) is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of (1) avoiding tax related penalties under the Internal Revenue Code or (2) promoting, marketing or recommending to another party any transaction or tax-related matters addressed herein.