RE: What will you do with your economic stimulus rebate?
View related threads:
(in this forum
| in all forums)
|
Logged in as: Guest
|
|
Users viewing this topic:
none
|
|
|
[Poll]
|
What will you do with your economic stimulus rebate?
|
| Put it in savings |
|
| Invest it |
|
| Pay bills |
|
| Put it in your gas tank :( |
|
| Make a specific purchase (car, computer, etc.) |
|
| Treat yourself or your family |
|
| Give it to charity |
|
| I won't get one |
|
| Other |
|
Total Votes : 84
|
(last vote on : 6/25/2008 12:28:16 AM)
(Poll will run till: -- )
|
|
Login  | |
|
RE: What will you do with your economic stimulus rebate? - 3/22/2008 8:52:41 AM
|
|
|
crownofbeauty
Posts: 115
Joined: 12/10/2005
Status: offline
|
Ours will be going back to the IRS.
I don't think parents with children over 17 are eligible to receive the stimulus payment on their child even if they are a dependent. But, will my 18 year old daughter (who is still a dependent) receive her own stimulus payment if she had income over $3000?
From the irs.gov site:
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. 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.
< Message edited by crownofbeauty -- 3/22/2008 9:09:09 AM >
_____________________________
Isaiah 61:3
...to bestow on them a crown of beauty instead of ashes, the oil of gladness instead of mourning, and a garment of praise instead of a spirit of despair...
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 3/22/2008 10:25:40 AM
|
|
|
isaacsmom
Posts: 1622
Joined: 12/2/2005
Status: offline
|
We're going to replace our dying television, computer, and digital camera (all are several years old) and then put a few hundred in savings.
_____________________________
<<< Pretty wildflowers my hubby picked for me
*~*~*Rachel*~*~*
My Space
pirtlefarm.blogspot.com
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 3/22/2008 10:54:27 AM
|
|
|
Consecrated2God
Posts: 4856
Joined: 4/4/2005
From: Jesus Land
Status: offline
|
We're going to use it to buy our curriculum for this next school year, and if there's any left, set aside in our fund to replace the vehicle.
_____________________________
<--Me at age fourteen
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 3/22/2008 1:02:48 PM
|
|
|
Mrs.Wifey
Posts: 4890
Joined: 4/12/2005
From: The Gorgeous plains of Colorado
Status: offline
|
DH said we are also buying him a new laptop, I think he has fallen in love with mine 
_____________________________
Ryanne Gabriella Alexis born 8-22-07!
"No firebrands, or deadly arrows just a Springfield XD .40 with Tritium sights" Patriotism
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 3/22/2008 9:23:01 PM
|
|
|
peace77
Posts: 1177
Joined: 4/18/2005
Status: offline
|
Meg and Crown,
I checked the IRS website again and you are correct. Children 17 and over will not be eligible for a stimulus payment as long as they are a dependent.
(The 17th birthday needs to be prior to Jan 1, 2008.)
Leave it to the IRS to make things more complicated than necessary.
Anne
_____________________________
I GoodSearch for Deaf Missions.
Raise money for your favorite charity or school just by searching the Internet or shopping online with GoodSearch - www.goodsearch.com
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 3/22/2008 10:56:11 PM
|
|
|
danas_mom
Posts: 637
Joined: 6/17/2005
Status: offline
|
I voted Bills, Gas tank, and Charity. Exactly what we do with it will depend on when it gets here. (Has there been any kind of confirmed chart showing the dates they get sent out?) Right now hubby is using around $120/week in gas and that's coming straight out of our weekly budget which REALLY hurts. So by the time the check gets here, we'll probably have some monthly bills to catch up on, and the rest will get stashed away for gas. After we give a portion as an offering of course.
_____________________________
I will not sacrifice to the LORD my God burnt offerings that cost me nothing. ~ 2 Samuel 24:24
Avatar pic is Keith Wheeler.
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 3/27/2008 12:53:08 PM
|
|
|
danas_mom
Posts: 637
Joined: 6/17/2005
Status: offline
|
irs.gov has updated their site with a rebate check calculator, and chart for when you can expect your direct deposit or check. We should get ours via direct deposit on May 9. ***whew***
Link to FAQ page.
_____________________________
I will not sacrifice to the LORD my God burnt offerings that cost me nothing. ~ 2 Samuel 24:24
Avatar pic is Keith Wheeler.
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 3/27/2008 2:05:51 PM
|
|
|
DynamoGirl
Posts: 48
Joined: 12/6/2007
Status: offline
|
Unfortunately, I will be paying bills. 
There goes the new laptop...
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 3/27/2008 3:29:41 PM
|
|
|
reach
Posts: 1288
Joined: 4/12/2005
Status: offline
|
Mine will go toward savings. But we need a new digital camera. So maybe we will do a camera and something for my husband and pay down our principal.
Don't know, as i am looking for a new job, so I don't want to spend any of the tax return or stimulus payment until I find a job. I would rather be cash happy until I find a new job. Then we can spend it.
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 3/27/2008 4:41:58 PM
|
|
|
Psalm22
Posts: 406
Joined: 4/18/2005
From: Alaska! Breaking is in progress, soon be spring!
Status: offline
|
First, it will go into savings.
Second, once I know waht my property taxes will be this year, I will transfer some to my mortgage escrow account to cover increased taxes. I expect to use 25%-50% (maybe more) of it for that alone.
Third, what is left over will probably be split between additional stocking up on staples and donations.
_____________________________
And the Spirit and the bride say, "Come!" And let him who hears say, "Come!" And let him who thirsts come. Whoever desires, let him take the water of life freely. Rev. 22:17
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 3/27/2008 8:20:21 PM
|
|
|
thekfc
Posts: 2
Joined: 3/27/2008
Status: offline
|
Pay off some bills.
_____________________________
To handle yourself, use your head; to handle others, use your heart. DL
The only way to have a friend is to be one. RWE
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 4/1/2008 8:11:20 AM
|
|
|
LaurainAL
Posts: 1543
Joined: 8/13/2005
Status: offline
|
Some of it will go towards our beach vacation in May and the rest will go to bills.
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 4/27/2008 5:57:51 PM
|
|
|
mtd
Posts: 25
Joined: 4/22/2005
From: Indiana
Status: offline
|
debt reduction to be specific
we should all vote Republican in the fall for every office
_____________________________
Blessings,
Mike
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 5/13/2008 1:17:16 PM
|
|
|
JazTek
Posts: 46
Joined: 9/13/2006
Status: offline
|
Just taking care of some bills with mine... 
_____________________________
--------------------------------------------------------
"As for me and my house, we will serve the Lord"...
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 5/13/2008 2:17:55 PM
|
|
|
Beanteaser
Posts: 257
Joined: 6/23/2005
From: Minnesota
Status: offline
|
The wife and I have a few options. New washer and dryer, 42 inch TV, pay off some debt, or put it towards a vacation.
According to the IRS, my wife should have received her payment last week. Mine is supposed to be in the last batch because my SSN # ends in the 80's. Since we filed jointly, will we get one check instead of two? When is that supposed to come? Just wondering........
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 5/13/2008 4:12:47 PM
|
|
|
PrincessDonna
Posts: 10466
Joined: 4/11/2005
From: Cow country, Upstate NY
Status: online
|
If you filed jointly, it will come together and the timing will be based on the SSN of the first person listed on the return.
_____________________________
For I will pour water on the thirsty land,
and streams on the dry ground;
I will pour out my Spirit on your offspring,
and my blessing on your descendants.
~Isaiah 44:3~
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 5/14/2008 8:05:21 AM
|
|
|
crownlaurel
Posts: 58
Joined: 2/15/2007
Status: offline
|
I just paid off 2 credit cards. We have several to go, but I'm hoping I can put $500-1000 per month and take it down quickly.
I saw a news report yesterday that said that retail sales are down again. I guess the stimulus isn't all that stimulating.
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 5/14/2008 8:12:21 AM
|
|
|
PrincessDonna
Posts: 10466
Joined: 4/11/2005
From: Cow country, Upstate NY
Status: online
|
Well of course it isn't, since both food and gas prices have risen so much since the stimulus was announced. People around here are focusing on necessities and/or paying down debt instead of buying more "stuff".
_____________________________
For I will pour water on the thirsty land,
and streams on the dry ground;
I will pour out my Spirit on your offspring,
and my blessing on your descendants.
~Isaiah 44:3~
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 5/14/2008 8:31:11 AM
|
|
|
Consecrated2God
Posts: 4856
Joined: 4/4/2005
From: Jesus Land
Status: offline
|
Of course, a lot of people still haven't gotten theirs yet, either. I'm the only one in our women's group at church who has gotten one yet. I don't know if it'll do much good either, but I think it's too early to know yet.
_____________________________
<--Me at age fourteen
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 5/14/2008 9:06:22 AM
|
|
|
ddsisson
Posts: 411
Joined: 4/11/2005
From: Indiana
Status: offline
|
quote:
ORIGINAL: Consecrated2God
We're going to use it to buy our curriculum for this next school year, and if there's any left, set aside in our fund to replace the vehicle.
We are doing this too. Plus we may get a new mattress/box spring set, ours is SO OLD. Some(Key word-but most will go to that "Bill guy") may go in savings for a "rainy" day and some on bills. (Boy I will that "Bill guy would quite writing me"  )
quote:
People around here are focusing on necessities and/or paying down debt instead of buying more "stuff".
A new mattress set for us IS a necessity, ours is so old  . Oh, of course I voted $$ on GAS too  .
quote:
Of course, a lot of people still haven't gotten theirs yet, either.
We haven't, of course we are one of those that Donna was talking about the "third party thing" in the other thread. H & R Block does our taxes and it gets e-filed and they get a Loan atisipation check for us and we deposit it from that. SO we should get it at the end of the month, according to IRS site because of DH's # it will be mailed out on the 23rd(or is that when we should get it?-which ever )
_____________________________
<--------That is Daisy.
Debbie Sisson-Homeschool Mom of Greg(17yo-junior), Megan(14yo-8th), Tyler(11yo-5th)
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 5/15/2008 1:14:06 AM
|
|
|
ladioffaith
Posts: 2836
Joined: 3/31/2005
From: NE Ohio (L.A. . . Lower Akron)
Status: offline
|
About half of mine went to pay for a business trip for my Pampered Chef business. I voted "other" for that although I suppose it's an investment.
The other money went into savings but will eventually pay for gas in the tank.
_____________________________
~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
The LORD your God is with you, he is mighty to save.
He will take great delight in you, he will quiet you with
his love, he will rejoice over you with singing." Zeph. 3:17
~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 5/15/2008 10:39:16 AM
|
|
|
Consecrated2God
Posts: 4856
Joined: 4/4/2005
From: Jesus Land
Status: offline
|
I would think that it wouldn't matter if you spent it on needs or wants, it would still accomplish the same goal (if it works). I don't think saving it would help stimulate the economy, (unless you buy stocks or somethng) or giving it to people in other countries, but everything else probably would.
_____________________________
<--Me at age fourteen
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 5/15/2008 1:20:19 PM
|
|
|
zoebob
Posts: 8871
Joined: 4/13/2005
From: land of limbo
Status: online
|
I'll pay some bills. If my van is still hanging together by then, it will go towards a newer car. If my van has totally died then I will have to borrow from my parents for a newer vehicle and then that cost will be part of payiing bills.
I will treat us to a meal out or some needed clothes or something with a little of it.
_____________________________
L-R: DD1, Ellies DS2, DD2, Ellies DS1
L-R: Ellies DD1, Ellies DD2, DS, Ellies DS3
|
|
|
|
|
RE: What will you do with your economic stimulus rebate? - 5/15/2008 2:03:26 PM
|
|
|
reach
Posts: 1288
Joined: 4/12/2005
Status: offline
|
I got my digital camera and we bought new cell phones with our money. I am excited. can't wait to be able to go somewhere and take pictures. :)
|
|
| | |
Forum Tools
Printable Version
