Question:

Since I got a large amount of unemployment am I eligible for the economic stimulus?

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I have yet to get mine and Im sure I wont. I was awarded a large amount of unemployment due to a layoff. The unemployment I recieved was in the threshhold of what you needed to make in order to get a stimulus check.

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2 ANSWERS


  1. No, unemployment comp is not qualifying income for the stimulus payment.


  2. The question is not if you got unemployment - but did you have any other qualifying income in 2007?  A large amount of employment will not disqualify your other income.  You have to have $3,000 of qualifying income to get the rebate.  If you only got unemployment in 2007, then you will not get the rebate.  But if you do not qualify in 2007, you may be able to qualify on your 2008 tax return.

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