Aging Parents and Elder Care logo

Support Group

Find Senior Care Services for Your Loved One

We have partnered with A Place for Mom to help you find the right senior care services for your loved one. A Place for Mom has established a nationwide network of carefully screened senior care providers and facilities ... everything from home care and assisted living to specialized memory care facilities. We are pleased to bring their referral service to you free of charge. (A Place for Mom is paid by their participating senior care providers and facilities.)

A Place for Mom has been helping seniors and their families find the best senior care for their needs and budget for over 10 years. Their knowledgeable and compassionate Senior Living Advisors will guide you through your search and can provide local support and resources. Let A Place for Mom help you online or call toll-free (877) 311-6092.

Sign up
 
 
 


Reply
  Author   Comment  
JAH
Reply with quote  #1 



Here is info on when you will get your tax stimulus payments, there is a schedule there that you use your last two digits of social security number to find date you will receive your check

http://www.snopes.com/politics/taxes/stimulus.asp
0
Molly-Tx
Reply with quote  #2 
Good news, JAH.

Everyone, remember.  If your elderly person is usually not required to file a return, they MUST file in order to receive the stimulus payment.  Social Security benefits of $3,000 or more makes them eligible to receive the payment.


0
Redneck (Molly TX0
Reply with quote  #3 
Molly. If a person forever has filed returns; but this year needs to file for an extension...does this forfeit the stimulus payment?  Thank you.
0
Molly-Tx (for Redneck)
Reply with quote  #4 
Redneck,
I, too, will be on extension (every year...too busy working on everybody else!)

Filing an extension will only "delay" the payment of the stimulus payment....once the return is filed (after the May and June stimulus payments), it will show up as a "credit" on the IRS computers for that return.......there is no place on the return to claim the credit when the return is filed, but, the IRS computers will pick it up as long as there are pension payments, wages, social security, or veterans payments of $3,000 or more.

The payments starts to phase out for anyone with income over $150k, and is completed phased out at $174k.  Most couples with average income will receive $1,200.....most seniors with only social security will receive $300 each.

Hope this helps.

Molly-Tx
PS:  Remember, there is an additional $300 payment also for any child 16 and under claimed on the returns (for any of you.)

0
Redneck (Molly TX)
Reply with quote  #5 
Thank you so very much for your expert (and FREE! ) advice.  I have been concerned about all the overwhelmed accountants out there...if having to hit the Apr. 15th deadline for everyone...when, doubtless, more people are filing this time. Eeeek!!!
 
Our tax-gal is swamped in "regular" years...and I assume "this stimulus announcement" came-out too late for tax-people to find, employ, train ...competent extra HELP.
0
Molly-Tx (for Redneck)
Reply with quote  #6 
Hey Redneck,
We have frequently joked....why can't the government make the deadline June 30th....half the year to file, and then half the year to get ready (for businesses, etc).

Or, a rotational schedule according to birthdays...or something better than what they have.

Oh well, will be working Easter Sunday...(after church)....eat an easter egg for me.!

0
'daughter'
Reply with quote  #7 
Redneck, if most accountants are like my accountant, trust me,they will find a way to squeeze in extra clients and extra work! The gov't didn't give them much time though, that wasn't very nice.

Anyone else find it ironic that gas prices increased dramatically right before the stimulus checks are due to out? Any good guesses on what most people will be spending it on? Not too hard to figure out.

'daughter'(beth)
0
'daughter'
Reply with quote  #8 
I've got BIG BIG plans for MY $600, hubby can spend his $600 on whatever he wants to.

And I'll tell you this: I'M NOT SPENDING IT ON GASOLINE!



'daughter'(beth)
0
Molly-Tx
Reply with quote  #9 
Daughter (Beth)
I am WITH you....but, I checked and air fares to Italy have doubled.  Couldnt go anyway...taking care of the elderly, you know.

Molly-Tx

0
Molly (Note re direct dep
Reply with quote  #10 
Important note from IRS:  For the elderly or anyone who would normally not be required to file, or someone who owes and is not getting a refund for 2007, the following applies:

IF, you force your bank routing number and acct number at the bottom of the tax return, your stimulus payment will be direct deposited instead of mailed.

Thought this might help some of you.

Molly-Tx

0
Previous Topic | Next Topic
Print
Reply

Easily create a Forum Website with Website Toolbox.