Military Stimulus?

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Subject Author Date Military Stimulus? R. Pile 03-31-2009  Re: Military Stimulus? Paul Thomas, CPA 03-31-2009  Re: Military Stimulus? R. Pile 03-31-2009  Re: Military Stimulus? Alan 03-31-2009  Re: Military Stimulus? Harlan Lunsford 04-01-2009  Re: Military Stimulus? Paul Thomas, CPA 04-01-2009  Re: Military Stimulus? D. Stussy 03-31-2009
Posted by R. Pile on March 31, 2009, 5:58 pm Please log in for more thread options My nephew is in the military and a few weeks ago I assisted him in filing his 2007 tax return and am now workiung on his 2008 tax return. In 2007 he was single; he married in Dec 2008 and is filing MFS for 2008 (his wife's parents want her as a dependent one last year - they did support her over half the year). He says that sometime in 2008, everyone in his unit received a $600 check while in a war zone that he claims was a "stimulus check." Since he hadn't yet filed a 2007 return, can this be a stimulus check? Is there any other type of payment that went out to the military separate from the stimulus checks? On his 2008 tax return, he appears to qualify for a $300 rebate, assuming no payment received in 2007. (He has since lost his check and wants help to have it replaced. Does the IRS do that?) -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by Paul Thomas, CPA on March 31, 2009, 6:13 pm Please log in for more thread options > My nephew is in the military and a few weeks ago I assisted him in > filing his 2007 tax return and am now workiung on his 2008 tax > return. In 2007 he was single; he married in Dec 2008 and is filing > MFS for 2008 (his wife's parents want her as a dependent one last year > - they did support her over half the year). > > He says that sometime in 2008, everyone in his unit received a $600 > check while in a war zone that he claims was a "stimulus check." > Since he hadn't yet filed a 2007 return, can this be a stimulus > check? Is there any other type of payment that went out to the > military separate from the stimulus checks? It was the noted "stimulus check" that we all received and spent to no avail. If he did n't file his return in a timely manner (including extensions), he can get that amount on his 2008 return as a "Rebate Recovery Credit" seen on Line 70 of Form 1040. > On his 2008 tax return, he appears to qualify for a $300 rebate, > assuming no payment received in 2007. (He has since lost his check > and wants help to have it replaced. Does the IRS do that?) As mentioned, he probably never received a check because he didn't file his 07 in a timely manner. So if his 2008 income qualifies him for a credit of $300, then take it. FYI: His bride will not get $300 if she is claimed as a dependent on her parents return. She'd get $300 if she filed jointly with him in most cases. -- Paul Thomas, CPA Watkinsville, Georgia -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by R. Pile on March 31, 2009, 7:34 pm Please log in for more thread options wrote: > > It was the noted "stimulus check" that we all received and spent to no > avail. > > If he did n't file his return in a timely manner (including extensions), he > can get that amount on his 2008 return as a "Rebate Recovery Credit" seen on > Line 70 of Form 1040. > Sorry, I wasn't clear. He claims that he DID receive a $600 check in 2008, even though he didn't file his 2007 tax return until a few weeks ago in Feb 2009. (He has now lost or misplaced the check.) Can this be a stimulus check? If not, is there some other kind of payment being sent to people in the military? -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by Alan on March 31, 2009, 9:03 pm Please log in for more thread options R. Pile wrote: > wrote: > >> It was the noted "stimulus check" that we all received and spent to no >> avail. >> >> If he did n't file his return in a timely manner (including extensions), he >> can get that amount on his 2008 return as a "Rebate Recovery Credit" seen on >> Line 70 of Form 1040. >> > > Sorry, I wasn't clear. He claims that he DID receive a $600 check in > 2008, even though he didn't file his 2007 tax return until a few weeks > ago in Feb 2009. (He has now lost or misplaced the check.) Can this > be a stimulus check? If not, is there some other kind of payment > being sent to people in the military? > Many of the military stationed in Iraq & Afghanistan had the person to whom they gave power of attorney file the abbreviated 1040A in order to get the $600 payment. No 1040A, no ESP. Other than that, I know of no other reason why he would have received a $600 check. If this is what happened, then the 2007 return you filed will get bounced. In the interim, just go to the IRS website where you can look up the amount of stimulus payment. You need the SSN, filing status & number of exemptions claimed. https://sa2.www4.irs.gov/irfof/IRServlet?app=IRACTC -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by Harlan Lunsford on April 1, 2009, 5:51 pm Please log in for more thread options Alan wrote: > R. Pile wrote: >> wrote: >> >>> It was the noted "stimulus check" that we all received and spent to no >>> avail. >>> >>> If he did n't file his return in a timely manner (including >>> extensions), he >>> can get that amount on his 2008 return as a "Rebate Recovery Credit" >>> seen on >>> Line 70 of Form 1040. >>> >> >> Sorry, I wasn't clear. He claims that he DID receive a $600 check in >> 2008, even though he didn't file his 2007 tax return until a few weeks >> ago in Feb 2009. (He has now lost or misplaced the check.) Can this >> be a stimulus check? If not, is there some other kind of payment >> being sent to people in the military? >> > Many of the military stationed in Iraq & Afghanistan had the person to > whom they gave power of attorney file the abbreviated 1040A in order to > get the $600 payment. No 1040A, no ESP. Other than that, I know of no > other reason why he would have received a $600 check. > > If this is what happened, then the 2007 return you filed will get bounced. > > In the interim, just go to the IRS website where you can look up the > amount of stimulus payment. You need the SSN, filing status & number of > exemptions claimed. > https://sa2.www4.irs.gov/irfof/IRServlet?app=IRACTC > Exactly my reaction, too. When a military member deploys over there, each military member is encouraged, nay manadated, that they have a power of attorny in place. So PROBABLY it was the wife who filed the 2007 return for her husband and got the money. ChEAr$, Harlan Lunsford, EA n LA -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Similar Threads Posted NJ Military Income February 23, 2009, 10:05 am Dependent? Son age 24, military discharged, living at home, full-time student April 2, 2007, 5:58 pm Stimulus payment March 1, 2008, 6:06 pm One more try at the stimulus payments March 2, 2008, 11:32 pm Stimulus claim April 5, 2008, 4:45 pm Stimulus Act 2008 - Rebate February 10, 2008, 2:42 pm Stimulus Payment for Teenager March 21, 2008, 3:51 pm Stimulus Carryover to 2008? 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