Skip to main content

More Information on the Economic Stimulus Act

The IRS is mailing special information packages regarding the Economic Stimulus Act to the 20.5 million recipients of Social Security or VA benefits who did not file a tax return in 2006. The 10-page package contains everything you will need to file a 2007 tax form. It has an informational notice, tips for completing Form 1040A, a sample Form 1040A and an actual Form 1040A for your use. The package is specially designed for people who may qualify for an economic stimulus payment but who normally aren’t required to file a tax return.

Under the Economic Stimulus Act of 2008, you may be eligible for a payment of $300 ($600 for couples) even if you do not normally file a tax return. There also is an additional payment of $300 for those with eligible children under 17. However, you must file an income tax return to receive the payment.

People who don’t normally need to file can use Free File – Economic Stimulus Payment, which is available at IRS.gov. Several Free File software providers are making their products available for the simplified filing of a tax return.

More information is available on various senior information websites. Here is one link:
http://www.seniorlegalhotline.org/10-tip.html.

The Ohio Pro-Seniors office also has a good Q&A on the subject at:
http://www.proseniors.org/PDFDocs/Consumer/ESP.pdf It includes hyperlinks toIRS.gov pages that give further details.

Comments

Post a Comment

Popular posts from this blog

Clifton B. Kruse, Jr., Leading Elder Law Attorney, Dies at 74

Clifton B. Kruse , Jr., a revered elder law attorney who was admired as much for his kindness and generosity to fellow practitioners as for his grasp of the law, died December 30, 2008, in Colorado Springs, Colorado. He was 74. The cause was complications from Alzheimer's disease. For many in the field, Kruse set the standard for all that an elder law attorney can and should be. One of elder law's founding fathers, he combined a gentlemanly charm, warmth and caring with one of the sharpest and most ethical of legal minds. Wrote Arizona elder law attorney Robert Fleming in a tribute , "In my third of a century of elder law practice I have never met another lawyer who managed to pull together sophistication, heartfelt empathy, intellectual rigor and courtly manner in the same fashion Clifton Kruse projected. He did it, to all appearances, effortlessly. He was a friend and mentor to many in the elder law community (I count myself among those legions)." Kruse was the e...
1 comment
Read more

Knee Surgery OK for Octogenarians

Knee replacement surgery can improve the quality of life even for very elderly patients, according to a study presented at the 2009 Annual Meeting of the American Academy of Orthopaedic Surgeons (AAOS) . The study found that patients in their 80s can benefit both physically and socially from knee replacement surgery, also called total knee arthroplasty (TKA), once thought too risky for the very elderly. “As patients are living longer, there is an upward trend in the demand for quality of life among the elderly population,” said Edsel Arandia, M.D., lead author of the study and an orthopaedic surgeon at Philippine Orthopaedic Center and a Fellow at Singapore General Hospital. “As patients age, debilitating diseases like arthritis of the knee begin to develop. We conducted this study to determine the viability of TKA in octogenarians and to learn whether their quality of life improves after TKA.” Dr. Arandia and his team reviewed data from 128 patients older than 80 years of age wh...
Post a Comment
Read more

Harry's Law gets Medicaid Planning All Wrong

I usually enjoy David Kelley's crazy law-related television shows like Boston Legal and Harry's Law. They are great fun and often give some good portrayals of lawyers and legal issues. But, I'm always laughing at how a client comes in to the office in the morning and somehow they are in Court in the afternoon - sometimes with a jury there. It takes years to get into Court most of the time and at least several days to get a jury together and ready for a trial. But, I'll allow some literary license to TV to keep the story moving. But, I don't like it when they get the law completely wrong and especially when they have the lawyers participate in fraud. Last week's episode of Harry's Law got the Medicaid rules wrong, and put lawyers in a bad light. Let me explain. First, Kelley got Medicaid law all wrong. The couple in question only had a house and the husband needed nursing home care. The wife said she needed to get a divorce to save the house. This is wron...
Post a Comment
Read more