Comments on: 2009 Economic Stimulus – What it Means to You http://themilitarywallet.com/2009-economic-stimulus-plan-benefits/ Personal finance for military, veterans, and their families Wed, 08 Feb 2012 12:38:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Curt Walker http://themilitarywallet.com/2009-economic-stimulus-plan-benefits/comment-page-1/#comment-2432 Curt Walker Fri, 09 Apr 2010 16:45:00 +0000 http://themilitarywallet.com/?p=253#comment-2432 I just completed my taxes and had to pay back the $250 Stimulus Check received from the VA. The information VA Disability Beneficiaries stimulus check information: If you receive disability benefits from the VA, you will be among the thousands of individuals receiving this $250 stimulus check. Here is the information you need to know: • You will receive a one time $250 check. • You will receive the payment in the same method you receive your regular disability payment (direct deposit or physical check). • Your $250 stimulus payment will not be included in your regular VA disability payment. • The $250 stimulus check is not considered taxable income. Note: Not considered taxable income! Please clarify this action on my taxes to return the $250! I just completed my taxes and had to pay back the $250 Stimulus Check received from the VA. The information VA Disability Beneficiaries stimulus check information:

If you receive disability benefits from the VA, you will be among the thousands of individuals receiving this $250 stimulus check. Here is the information you need to know:
• You will receive a one time $250 check.
• You will receive the payment in the same method you receive your regular disability payment (direct deposit or physical check).
• Your $250 stimulus payment will not be included in your regular VA disability payment.
• The $250 stimulus check is not considered taxable income. Note: Not considered taxable income! Please clarify this action on my taxes to return the $250!

]]> By: josh alexander http://themilitarywallet.com/2009-economic-stimulus-plan-benefits/comment-page-1/#comment-2239 josh alexander Mon, 01 Feb 2010 05:20:58 +0000 http://themilitarywallet.com/?p=253#comment-2239 I just filed my taxes and there was an issue regarding the $250 one time payment for "Making Work Pay" tax credit for veterans on disability. Once I corrected my return and showed that I had received the tax credit, my return dropped $250. It seems as though the government just borrowed that money and just got it back. Am I missing something here? I just filed my taxes and there was an issue regarding the $250 one time payment for “Making Work Pay” tax credit for veterans on disability. Once I corrected my return and showed that I had received the tax credit, my return dropped $250. It seems as though the government just borrowed that money and just got it back. Am I missing something here?

]]> By: Barbara http://themilitarywallet.com/2009-economic-stimulus-plan-benefits/comment-page-1/#comment-1631 Barbara Thu, 09 Jul 2009 04:02:09 +0000 http://themilitarywallet.com/?p=253#comment-1631 "New car buyer’s tax credit" It is a CREDIT, not a deduction. A credit is better than a deduction. You do not need to itemize to get this credit. Since it is not a deduction, it is not proper to call it an "above-the-line" deduction. “New car buyer’s tax credit”
It is a CREDIT, not a deduction. A credit is better than a deduction. You do not need to itemize to get this credit. Since it is not a deduction, it is not proper to call it an “above-the-line” deduction.

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