Did TurboTax Mis-calculate My Recovery Rebate Credit?
It never makes me feel good when receiving a letter from the IRS because most of the time, it’s not going to be a good news (luckily I haven’t got into any trouble with the IRS so far). So when I saw the letter from IRS in my mailbox today, I was first kind of [...]
Economic Recovery Payment for Social Security Recipients Sent on May 7
Good news for 55 million social security benefit recipients who are looking forward to the one-time $250 economic recovery payment.
I mentioned early that the Social Security Administration plans to issue the checks to SSI recipient this month. Now it looks like the waiting is over. An announcement on the SSA website says that first payment [...]
Social Security Administration Has Answers to Your Questions on $250 One-Time Payment
Two months ago, I wrote an article on when social security recipients will receive the $250 payment as part of the American Recovery and Reinvestment Act of 2009. Since then some readers have left comments, mostly concerning who are eligible for the economic recovery one-time payment. While I am glad that post helped some people [...]
Facts about Homeowner Affordability and Stability Plan
As part of the American Recovery and Reinvestment Act of 2009, which was passed by the Congress over the weekend and signed into law by President Obama yesterday, the Treasury Department today released a fact sheet on details of the Homeowner Affordability and Stability Plan (PDF file) that will help struggled homeowners to fight foreclosure. [...]
Reader Question: When Will Social Security Recipients Receive $250 Payment?
A reader, Brenda, today commented on my American Recovery and Reinvestment Act of 2009 Breakdown post with the following question:
When will we get the 250.00, those of us that are on S.S. or will we.
When I read those articles on the stimulus plan after it was passed over the weekend, I didn’t see a mention [...]
American Recovery and Reinvestment Act of 2009 Breakdown – Chart of the Day
The House has already voted to approve the $789 billion economic stimulus plan (called American Recovery and Reinvestment Act of 2009) President Obama has sought since he took office less than a month ago. The Senate will take on the bill later today and it could be sent to the President for his signature as soon [...]
2009 Stimulus Plan Highlights
While the Congress is still battling to get the final version of the massive 2009 economic stimulus package (could cost tax payers as much as $800 billion when the deal is finalized) done before the weekend, I think it’s time to get an idea on what we can expect from the stimulus plan and how [...]
So This is What Happened to Our Stimulus Payment
When we received our economic stimulus payment of $201.10 last Friday, we didn’t know what went wrong because the note from IRS said we should get $383.95, and I was actually expecting another check.
Now, a week later, I guess I can forget about another check and the reason for the reduced payment is my own [...]
