Saturday, August 02, 2008

2008 Economic Stimulus Payment - It's Not Too Late

Even though the April 15 tax deadline has passed, it is not too late to file for your economic stimulus payment this year. Persons who qualify for the payment must file a 2007 tax return by October 15, 2008.

Millions of people are eligible but may not know it, or think it is too late to get a payment. These are certain retirees, disabled veterans and low-wage workers who normally don’t file a tax return because their income is too low or nontaxable.

People who have no tax filing requirement but have at least $3,000 in qualifying income must file a simple Form 1040A tax return to obtain their stimulus payment. The law provides a minimum payment of $300 ($600 for married couples) plus the $300 payment per eligible child, if the person (or married couple) qualifies. Qualifying income includes any combination of earned income, nontaxable combat pay as well as certain payments from Social Security, Veterans Affairs and Railroad Retirement.

Form 1040A and instructions are available at the Greenfield Public Library, on the IRS Web site at www.irs.gov or by calling 800-TAX-FORM (800-829-3676).

For more information:http://www.irs.gov click on “Rebate - It's Not Too Late ”


Community Action is offering FREE ASSISTANCE to help
file the necessary form for economic stimulus returns only.

Tuesday August 12th
Wednesday August 13th
Wednesday August 20th.

Call 413-387-1201 to schedule an appointment.

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