Saturday, March 29, 2008

Calculator for Veterans eligible for stimulus payments

Podcast: Economic Stimulus Payment (mp3) Running time 6:14

A new online calculator will give you an estimate of the stimulus payment you may be due. Just answer a few questions and the calculator will do the rest. Remember: you must file a 2007 tax return in order to receive the payment.Payments will start May 2. The last two-digits of your Social Security number and whether you opted for direct deposit into your financial account or a paper check will determine when you receive your payment.Super Saturday — March 29 - Approximately 320 IRS offices located in all 50 states and the District of Columbia will be open on Super Saturday to prepare the simple Form 1040A for people who are filing a return solely to receive their stimulus payment. Operating hours will be 9 a.m. to 3 p.m., although some may be open longer. IRS employees will help prepare the Form 1040A returns for low-income workers, retirees, disabled veterans and others. Super Saturday Locations for March 29

You May Be Eligible Even if You Normally Do Not File a Tax Return - If you have at least $3,000 in certain types of income, you may be eligible for the economic stimulus payment. You also may be able to use Free File - Economic Stimulus Payment. See the special types of benefits or income that qualify below:Rebate Scam Alert - Be aware that identity thieves are already pushing scams involving the stimulus payments. At least one telephone scam is making the rounds using the proposed rebates as bait. News release IR-2008-11, IRS Warns of New E-Mail and Telephone Scams Using the IRS Name; Advance Payment Scams Starting, has more details.

En Español - Pagos de Estímulo Económico: Conozca sobre los pagos del estímulo económico, a cuanto ascienden los pagos y cuando estos se enviaran a los contribuyentes.

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