Thread: Tax Refunds
View Single Post
Old 05-06-2008, 12:02 PM   #18
DixieGal
Hi There!
DixieGal ought to be getting tired of karma fortunes by now.DixieGal ought to be getting tired of karma fortunes by now.DixieGal ought to be getting tired of karma fortunes by now.DixieGal ought to be getting tired of karma fortunes by now.DixieGal ought to be getting tired of karma fortunes by now.DixieGal ought to be getting tired of karma fortunes by now.DixieGal ought to be getting tired of karma fortunes by now.DixieGal ought to be getting tired of karma fortunes by now.DixieGal ought to be getting tired of karma fortunes by now.DixieGal ought to be getting tired of karma fortunes by now.DixieGal ought to be getting tired of karma fortunes by now.
 
DixieGal's Avatar
 
Posts: 7,473
Karma: 2930523
Join Date: Feb 2008
Location: Ft Lauderdale
Device: iPad
Quote:
Originally Posted by Strether View Post
Except that the "facts" need to be true. From the IRS website:

"Q. Is my stimulus payment taxable?

A. No. You will not owe tax on your payment when you file your 2008 federal income tax return. But you should keep a copy of the IRS letter you receive later this year listing the amount of your payment."

Jim
We are talking about taxes here, so there are many different "true facts." For us Alabamians, next year on our state forms we will have to include the federal rebate as "income" and the rebated tax will be re-taxed by the state. Is it clear as mud yet? 'Cuz I didn't mention that we always have to include our yearly regular federal tax refund to be taxed by the state. It's a tax on a tax on a tax and so on. However, with taxes being based on income.....

I WISH I PAID THE MOST TAXES IN THE U.S.!

Think about it
DixieGal is offline   Reply With Quote