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Consumer & Financial Affairs Warn others about scams or provide tips on saving a few bucks. Seek advice on investments--stocks, mutual funds & 401k's. Where's the best best place to bank?

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Old 02-20-2008, 03:35 PM   #1 (permalink)
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Exclamation Free Help: 2007 Tax Return Req. for Stimulus $$$

In order to get this $300 rebate that the government is providing to many citizens in order to stimulate the receding economy, you must have filed a 2007 tax return. But, many people who qualify for the money do not file returns because their income is below the required level. Dilema...

The people at Liberty Tax will file a return for free for qualified individuals.
Visit Income Tax Preparation Services | Liberty Tax Service and enter your zip code to find the closest office.

Here is their Press Release:

------------------

Liberty Tax Service Files Free Returns For Taxpayers Who Don’t Meet Regular Filing Requirements:

Many Qualify for Rebates, but Must File a 2007 Return to Benefit

(Virginia Beach, VA) The tax stimulus package means rebates for most taxpayers, including people who would not normally file a tax return.

If you are eligible for a payment, all you have to do is file a 2007 tax return. Liberty Tax Service is offering to prepare tax returns at no charge until March 31st for select taxpayers who have no tax liability. Low income workers, or those who receive Social Security benefits or veterans’ disability compensation, pension or survivors benefits received from the Department of Veterans Affairs in 2007 will be eligible to receive a payment of $300 ($600 on a joint return) if they had at least $3,000 of qualifying income.

Qualifying income includes Social Security benefits, certain Railroad Retirement benefits, certain veterans’ benefits, and earned income, such as income from wages, salaries, tips and self-employment. While these people might not normally be required to file a tax return because they do not meet the filing requirement, they must file a 2007 return in order to receive a rebate.

“Liberty Tax Service wants to help people who do not normally have to file a return get the rebate they are entitled to receive. Many people who receive Social Security and veterans benefits are likely to overlook this opportunity to get the stimulus payment. Last year, over 30 million taxpayers missed the telephone excise tax credit that was due to them. We don’t want that to occur with the tax stimulus package,” states John Hewitt, CEO of Liberty Tax Service. “Liberty is known for our commitment to give back to the communities that support our company. This is just another way we can help out.”

Liberty Tax Service will be mounting a public awareness campaign to ensure that everyone entitled to a stimulus payment is alerted. Anyone who has questions can e-mail taxrebates@libertytax.com for more information. Representatives from Liberty Tax Service are available to comment on this program as well.

Last edited by David : 02-20-2008 at 05:46 PM.
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Old 02-29-2008, 12:44 AM   #2 (permalink)
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of course ..... it to small for a lot of folks to bank, so they will go out an by more stuff ... dinner, some clothes ....
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Old 02-29-2008, 03:36 AM   #3 (permalink)
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Originally Posted by RadioPatrol View Post
of course ..... it to small for a lot of folks to bank, so they will go out an by more stuff ... dinner, some clothes ....
Just another paycheck for me. To the bank!
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Must...not...give...in...to...the...infinite...allure...of...grin-on-a-stick...
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