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NY Tims: Many Filers Confused by Stimulus Tax Credit
NY Times ^
| April 9, 2010
| By DAVID KOCIENIEWSKI
Posted on 04/10/2010 7:27:37 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer
.
So...the stupid, lazy and ignorant are too, well, stupid lazy or ignorant to claim this year’s gimmee?
2
posted on
04/10/2010 7:29:06 AM PDT
by
Touch Not the Cat
(Where is the light? Wonder if it's weeping somewhere...)
To: Oldeconomybuyer
What millions of taxpayers did not realize.
Its always the taxpayers who dont realize, never the screwed up Government who messes things up. Fair tax now get rid of IRS.
3
posted on
04/10/2010 7:30:24 AM PDT
by
bikerman
(Impeachment ! Has a nice ring to it dont you think?)
To: Touch Not the Cat
Based on Obie's comments on his Saturday radio show, it appears he is confused about the stimulus as well.
4
posted on
04/10/2010 7:31:16 AM PDT
by
gov_bean_ counter
(Obie Wan Nairobi from the 1/2 dark side. The farce strong with this one, it is...)
To: Oldeconomybuyer
5
posted on
04/10/2010 7:35:12 AM PDT
by
Don Corleone
("Oil the gun..eat the cannolis. Take it to the Mattress.")
To: Oldeconomybuyer
6
posted on
04/10/2010 7:36:02 AM PDT
by
dawn53
To: bikerman
It was my understanding the credit would automatically be adjusted on the withholdings, I did not find out it wasn’t until I filed my taxes. Still had to pay a ton anyway, oh well. I think income withholdings should be illegal anyway, the greatest fleecing of America (or close to it).
7
posted on
04/10/2010 7:37:24 AM PDT
by
JDW11235
(I think I got it now!)
To: Don Corleone
"FLAT TAX bump"
Investigate and understand the Fair Tax...and you will support it.
It will do just fine until after the shooting stops.
To: Touch Not the Cat
"As a result (of employers deducting too much), the audit warned, 15 million or more taxpayers might find that their refunds would be smaller than expected, or they might even owe taxes."
And, ta-ta-daa, we find the United States government itself (or United Stase guf'mnt is-sef) in the category of stupid employers who reduced withholding improperly for 100% of its retirees!
9
posted on
04/10/2010 7:40:42 AM PDT
by
muawiyah
("Git Out The Way")
To: Oldeconomybuyer
Oh that reminds me. Time to send in my extension....
To: Oldeconomybuyer
It takes a lot of time and effort to file one’s taxes, not to mention the cost. I send mine to the IRS the old fashioned way, by certified mail. If I have to spend all that time doing the taxes, those jerks can at least spend enough time to read my return and enter it into their system.
11
posted on
04/10/2010 7:45:18 AM PDT
by
LOC1
To: Oldeconomybuyer
What millions of taxpayers did not realize was that to have the credit deducted from the total amount of taxes owed, they are required to complete a new form, Schedule M.
It's just one freaking page. How could these millions of people have heard of the credit but not of Schedule M?
12
posted on
04/10/2010 7:48:00 AM PDT
by
aruanan
To: Oldeconomybuyer
But only people with low incomes are eligible for this credit, right?
To: Oldeconomybuyer
I wasn’t confused. My CPA figured it out. He does our business and personal returns.
14
posted on
04/10/2010 7:57:47 AM PDT
by
savedbygrace
(You are only leading if people follow. Otherwise, you just wandered off.)
To: Oldeconomybuyer
15
posted on
04/10/2010 8:00:33 AM PDT
by
jaz.357
To: musicman
A “gettin’ ready to do the Turbo Tax thingee” BFLR.
16
posted on
04/10/2010 8:02:49 AM PDT
by
musicman
(Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
To: Don Corleone
**FLAT TAX bump**
When the INCOME TAX was originally created, it was basically a FLAT TAX. One rate for everyone, and ONE RATE for the “RICH”..which was such that the higher rate affected only a small handful of American.
And LOOK where it is NOW!!
A Flat tax will never work, as long as Congress has control over it. I have to agree with the FAIR taxers on this one, as it would remove control of taxes from the Congress to the People.
17
posted on
04/10/2010 8:03:23 AM PDT
by
gwilhelm56
(Obama ... Mein Kampf is NOT a Textbook!!)
To: proxy_user
No, there is in fact a minimum income required to take this credit. It starts to phase out way above $100K for a married couple IIRC.
18
posted on
04/10/2010 8:03:39 AM PDT
by
jiggyboy
(Ten per cent of poll respondents are either lying or insane)
To: aruanan
**It’s just one freaking page.**
I found out about it by accident.. I stumbled across it looking for something ELSE.
Just what I need is another form. As my Federal tax return, when filled out and printed is just shy of an inch thick. and I don’t make all that much Money!
19
posted on
04/10/2010 8:06:42 AM PDT
by
gwilhelm56
(Obama ... Mein Kampf is NOT a Textbook!!)
To: Oldeconomybuyer
$250 stimulus - Social Security no COLA, resulting in about $250 less for year and dem’s voted seniors won't get the ‘stimulus’.
An example of how all the new recipients of medicare under the ‘bammercare will will be paid for - deducting medicare monies from senior cits?
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