Comments on: 5 Ideas For Your 2008 Tax Stimulus Check

By: BaysoxFan39

BaysoxFan39 — Sun, 15 Mar 2009 18:02:40 +0000

I am going to use the $300 to pay down my credit card bill. I firmly believe the interest payments is what burns a hole in a persons finance. I love this site and thanks to all of you for sharing experiances. I like Pres Obama but this government is focused on helping the businesses with our tax dollars and leaving the people who work and pay their bills on time to fend for outselves. I would prefer tax money going back to people that were responsible rather than bailout those that made decisions based on greed.

By: Jimbo

Jimbo — Mon, 07 Apr 2008 21:17:11 +0000

The idea is to spend the money on something you need. Spending it will boost the economy, but saving it will only push us further toward a recession.

By: lou

lou — Wed, 26 Mar 2008 19:03:19 +0000

im putting it in the bank to cover some of the income tax i had to pay

By: Shirley

Shirley — Thu, 14 Feb 2008 23:18:06 +0000

I will be putting it toward the purchase of an ounce of gold bullion.

By: Nadine

Nadine — Mon, 11 Feb 2008 01:32:41 +0000

If I made 160 a week for exactly 5 months, 07/31-12/31 did I make 3,000$.?

By: Anonymous

Anonymous — Mon, 11 Feb 2008 01:29:38 +0000

If I made 160 a week for exactly 5 months, 07/31-12/31 did I make 3,000$.?

By: jeannette

jeannette — Mon, 11 Feb 2008 01:09:34 +0000

I pay child support to my ex. My children live with him. I have visitation. He captures my returns every year. Will he be entitled to capture my “incentive check”?

By: Cheryl

Cheryl — Sat, 09 Feb 2008 15:11:10 +0000

So, what’s the point? What a crock!

By: Jim

Jim — Sat, 09 Feb 2008 14:14:21 +0000

It is no a gift. This “incentive” will come off the top of your 2009 tax return. So save it… so you can pay the taxes YOU WILL OWE NEXT YEAR!

By: Cheryl

Cheryl — Fri, 08 Feb 2008 17:17:22 +0000

I have heard that we will have to pay this “stimulus” back with next year’s taxes. Does anybody know??? Thanx!

By: Jackie

Jackie — Thu, 07 Feb 2008 21:33:52 +0000

Save, save, save… ’nuff said.

By: Matt

Matt — Wed, 06 Feb 2008 20:29:28 +0000

@Mediagal: The checks are going off the 2007 tax returns. So if he is entitled to claim them as dependents because he pays child support, he is entitled to the rebates. If you are employed, and filed a return and claimed them as dependents, YOU are entitled to the rebates as well. (that means you will get $1200, not $600).

However, if you were married in 2007 and filed jointly (with him as Head of Household), and you were awarded sole custody when you divorced, then he is NOT entitled to keep the $600 in child credits. If he refuses to turn them over to you, you can take action on him.

By: Mediagal

Mediagal — Fri, 01 Feb 2008 00:35:32 +0000

My ex-husband gets to claim the 2 children who live with ME as tax deductions. I’ve just discovered that he will be the one to get the 2 checks for $300 each AND he’ll get the $1200 because he remarried–not to mention the stepchild for another $300. That leaves me raising the 2 teenage boys with just the $600. Does that seem fair?

By: dakboy

dakboy — Tue, 29 Jan 2008 04:15:05 +0000

We’ll be paying down debt/credit cards with most of it, but the $300 we get for having a child will go into his 529 account.

By: RacerX

RacerX — Tue, 29 Jan 2008 03:18:33 +0000

I am putting mine towards saving for some yearly bills (e.g.. Property Taxes!)