Basic Information on the Stimulus Payments
Updated April 17, 2008
Basic Information on the Stimulus Payments
Updated April 17, 2008
You’ve heard about it. Now find out how to get yours.
What is it? It’s an economic stimulus payment that more than 130 million households will receive starting in May. It’s not taxable, and it won’t reduce your 2007 or 2008 refund or increase the amount you owe when you file your 2008 return.
Not eligible at the current time? If you’re not eligible this year but you become eligible next year, you can claim the economic stimulus payment next year on your 2008 tax return.