[Oldeconomybuyer]

 

[Touch Not the Cat]

.
So...the stupid, lazy and ignorant are too, well, stupid lazy or ignorant to claim this year’s gimmee?

[bikerman]

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.

[Don Corleone]

FLAT TAX bump

[dawn53]

I’ve followed this blog off and on for about 6 months. Talk about confused and frustrated. Many (most) of those filing for the First Time Home Buyer’s Rebate have had a difficult time w/the IRS.

http://www.lvrealty.net/news/first-time-home-buyer-tax-credit

[screaminsunshine]

Oh that reminds me. Time to send in my extension....

[LOC1]

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.

[aruanan]

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?

[proxy_user]

But only people with low incomes are eligible for this credit, right?

[savedbygrace]

I wasn’t confused. My CPA figured it out. He does our business and personal returns.

[jaz.357]

http://www.irs.gov/pub/irs-pdf/i1040sm.pdf

[musicman]

A “gettin’ ready to do the Turbo Tax thingee” BFLR.

[maine-iac7]

$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?

[nhwingut]

[Right_in_Virginia]

BTTT

[Moose4]

My return was one of the four million. I was expecting $1200 back, when I checked my refund status, I found out I was getting back just shy of $2000. About a week after the refund hit the bank, the IRS sent me a letter explaining that I didn’t file for the credit and that they’d added it in for me. I didn’t even notice anything about a “Schedule M” or the stimulus tax credit, I just filed like we always have for years.

}:-)4

[Tolerance Sucks Rocks]

I did my Mom’s tax returns, and she just mailed them off. If the [NSFW}ing IRS claims a [NSFW]ing error on her return, just because I didn’t take care to add a [NSFW]ing stimulus creidt, I think I’ll [NSFW]ing go crazy!!!

[jveritas]

All this for a totally insignificant one time tax credit of $ 500 and yet the socialist call this joke a "massive tax cut".

Wait until the Bush tax cuts expire on December 31 2010 and then people will feel the real pain. People who were paying 25% in Federal taxes are going to pay 28%, people who were paying 28% are going to pay 31%, those who were paying 31% will be paying 34%, the highest bracket of 35% will be paying 39%. Many other tax dedcutions that have been in the Bush tax cuts for the last 8 years will also expire by December 31 2010.

[Tolerance Sucks Rocks]

PING!

And I missed the damn thing, too, but I haven’t sent mine yet, fortunately. And please don’t brag about how your tax software figured it out for yas. I pride myself on doing it by hand, and if I hear any more “easy-peasy” comments, my pointy head will explode.

[Texas Eagle]

No problem. Just use the Tim Geither method.