Stimulus Payments Begin In May
04-10-2008 | 07:25 AM
#21
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From: Bigfoot
April 15 is only a few days away and it can't come soon enough for me! This year, in what little spare time I have, I help run an IRS-sanctioned free tax preparation site. Our "constituents" are those whose AGI averages $18,000. They are essentially the working poor to the dirt poor. Many qualify for the Earned Income Credit.
Whoever dreamed up of the stimulus rebate package should be kicked in the privates. When the IRS sent out letters exhorting people to get their taxes done so they can get free money, the practical results were obviously unknown to them. Ever since those dang letters went out, every senior citizen and disabled person, many of whom have not left their rooms in two years, spilled out of nursing homes and such, and travelled to our little tax site in canes, walkers and wheelchairs. There were a few I thought were going to die on us; they were that old and feeble. At least they got to see the sun for a little bit.
So, if ever you think you have a lousy job, just think about what happened to me this tax season. By the way, what are YOU going to do with your rebate check?
Whoever dreamed up of the stimulus rebate package should be kicked in the privates. When the IRS sent out letters exhorting people to get their taxes done so they can get free money, the practical results were obviously unknown to them. Ever since those dang letters went out, every senior citizen and disabled person, many of whom have not left their rooms in two years, spilled out of nursing homes and such, and travelled to our little tax site in canes, walkers and wheelchairs. There were a few I thought were going to die on us; they were that old and feeble. At least they got to see the sun for a little bit.
So, if ever you think you have a lousy job, just think about what happened to me this tax season. By the way, what are YOU going to do with your rebate check?
'If I use the money to buy toys for my kids - the money goes to China. If I use it to fill up my car - the money goes to the Arabs. If I use it to buy electronics - it goes to Mexico. The only logical solution is beer and hookers. It doesn't get any more American than that.'
AMEN
04-10-2008 | 07:44 AM
#22
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Joined: May 2006
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From: C-172
You forgot gambling as another great American product. 
BTW, gambling winnings must be reported on Line 21 of Form 1040. You can deduct losses, but only to the extent of your winnings. Just another friendly tip from your tax guru.
BTW, gambling winnings must be reported on Line 21 of Form 1040. You can deduct losses, but only to the extent of your winnings. Just another friendly tip from your tax guru.
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