Will people get Stimulus checks next year when you file your taxes?

Question

Will people get Stimulus checks next year when you file your taxes?

Answer 1

no - although there will be an adjustment on your return between what you got and what you should have got given your 2008 income. But no extra checks this time next year (always subject to change of course)

Answer 2

Not unless something additional is passed and signed into law.

But people who did not get the maximum this year might be eligible for additional money off their taxes next year if they have more tax liability next year than they did this year.

Answer 3

If you received less than the maximum rebate this year there will be a "second look" opportunity to pick up the difference when you file your 2008 return in 2009.  For this reason it's important to keep the letter that you receive from the IRS that explains the amount you received this year.

If you receive the max rebate this year there won't be any extra next year unless Congress passes another rebate law.  Given the damage that it does to the Federal deficit, hopefully that won't happen.

Answer 4

The stimulus checks are an advance on a credit on next year's taxes.

Anyone who qualified for it, but didn't get it this year, will receive whatever they were due on their taxes next year.

But it's a one-time thing.  Either you get a stimulus check this year, or you'll get it in next year's tax return.  But not both.

Answer 5

The rebate payment is equal the amount of tax liability on the return (tax liability on the return Form 1040 line 46 or Form 1040A line 28) with a minimum amount of $300 and a maximum amount of $600 for individuals.  

If you do not receive full amount of $600 now, then you may get the balance amount when you file your 2008 return, and you become eligible for the tax rebate.  

For information on stimulus tax rebate read: http://taxipay.blogspot.com/2008/04/list...

Answer 6

No. It was a one time deal. Not an annual program.