Tuesday, April 1, 2008

Questions About Your Stimulus Check?

Everyone's talking about their stimulus checks. Myself included. While chatting with a friend, I realized I needed to know a few more things about this. What I found out really opened my eyes to the fact that a lot of people are eligible but don't know it!

  • What are stimulus checks?

  • How much will they be?

  • What do I have to do to get it?

These questions and more are common! Read on and then make sure to pass on the link to this site to be sure your friends and family don't miss out on getting their checks because of all the dis-information that's going around the internet.

This information was obtained (and filtered through my "average Jo logic database,") directly from The Economic Stimulus Payments Information Center for the IRS.

Starting in May, the Treasury will begin sending economic stimulus payments to more than 130 million households.

To receive a payment, taxpayers must have a valid Social Security number, $3,000 of income and file a 2007 federal tax return. ON TIME!!!!

IRS will take care of the rest. Eligible people will receive up to $600 ($1,200 for married couples), and parents will receive an additional $300 for each eligible child younger than 17. Millions of retirees, disabled veterans and low-wage workers who usually are exempt from filing a tax return must do so this year in order to receive a stimulus payment. DID YOU SEE THE LOW WAGE PART?

You May Be Eligible Even if You Normally Do Not File a Tax Return REALLY?

If you have at least $3,000 in certain types of income, you may be eligible for the economic stimulus payment.

You also may be able to use FREE FILE. See the website for special types of benefits or income that qualify below:
Especially for Social Security Recipients

Especially for Veterans Affairs Recipients

Especially for Railroad Retirement Recipients
Especially for Low-Wage Workers or Self Employed

Find out more here and visit this page regularly for the latest updates. Visit the IRS website here: http://www.irs.gov/irs/article/0,,id=177937,00.html

Once you've received your stimulus check you should know that Bush's intention was to "stimulate the economy" by asking you to spend it!

I highly suggest that you don't do that!

It's traditionally recommended that you put it in a savings account, pay off debt or certificate of deposit (cd). However, putting it in a bank with the dollar falling faster than Bush's popularity rating, would be like throwing it away!

Would you like to know how the rich, middle class and poor spend their money? Click to watch these two cartoon videos and you'll be surprised!

I opted to use last year's IRS Refund to start a business. I couldn't afford the traditional business with doors and inventory and employees. I began a home based business with just a few hundred bucks and have learned a new career. All the training comes with it. I am personally working with others who make six figures after only 8 years in the business. Another member of my team did it in just under 3 years on the internet.

It's just one option of many out there, but it just made the most business sense. If you'd like to learn more about the home business I chose, watch the presentation here: http://poweredfromhome.com/JoannHillebrand_main

Thanks for reading my blog today and make sure to spread the word about those checks!

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