My husband had his taxes filled out and it had on there if you/r spouse recieved the one time only payment and my husband said yes my wife did. We was supposed to have to back about 2500 now it is $250 less now. When my husband called h&r about this they said that whoever got the one time payment is expected to pay it back. Seriously how was that helping out with anything and how is senoirs (people who don't need to file income tax) how are they suppose to pay it back.
Asked by Anonymous at 2:09 PM on Jan. 26, 2010 in Politics & Current Events
Answer by mustbeGRACE at 2:12 PM on Jan. 26, 2010
Answer by heatheryn at 2:15 PM on Jan. 26, 2010
Answer by Anonymous at 2:16 PM on Jan. 26, 2010
Answer by older at 2:16 PM on Jan. 26, 2010
Answer by my4loves3 at 2:17 PM on Jan. 26, 2010
Without knowing specifics of your personal case~ it could have possibly been this:
Millions of Americans enjoying their small windfall from President Barack Obama's "Making Work Pay" tax credit are in for an unpleasant surprise next spring. The government is going to want some of that money back.
or possibly this
As part of last year's stimulus package, many American's received extra money in their paychecks. But approximately 15 million taxpayers will have to repay between $250-$400 of the tax credit they received. To avoid getting a nasty surprise when you file, use the IRS Schedule M to determine whether or not you will have to repay Uncle Sam.
[AP]WASHINGTON - More than 15 million taxpayers may owe the government $250 or more because of how the IRS last spring set up President Barack Obama's tax break that was designed to help consumers spend the U.S. economy out of recession.
Individuals with more than one job and married couples in which both spouses work may have to repay the government $400, either through a smaller tax refund or a larger tax bill, according to a report released Monday by the Treasury Department's inspector general for tax administration. Social Security recipients who also earn taxable wages may have to repay $250.
Answer by grlygrlz2 at 2:35 PM on Jan. 26, 2010
Answer by Anonymous at 2:42 PM on Jan. 26, 2010
Answer by mancosmomma at 3:03 PM on Jan. 26, 2010