| IRS coming to clear up rebate questions
WEST MICHIGAN (NEWSCHANNEL 3) - Rebate checks are rolling off the presses, heading your way. Confusion over how to get one and what to do is growing, especially if you don't have taxable income or don't make enough to file taxes. We're hearing for a lot of you wanting to know how to qualify to get one. Help is on the way from the IRS. This Saturday it will have representatives at several locations across the state to answer your questions. They'll even help you fill out the forms you'll need. In West Michigan, we know of two locations already. In Battle Creek you can head to the Community Action Agency. In Grand Rapids the IRS office on Front Avenue will be open from 9 am until 3.
Social Security and tax returns
Editor's note: In this and articles to follow, Peggy Rogers, field office manager, Creston, answers questions asked about the Social Security program.——————Q: I got Social Security benefits last year and wasn't planning to file a tax return. But I heard that I may want to file a tax return to get the "stimulus payment" offered by the government. Should I?A: Yes. If you received Social Security benefits last year, you may be entitled to an economic stimulus payment, or tax rebate, from the federal government — even if you otherwise wouldn't plan on filing a tax return. The IRS will begin sending stimulus payments to more than 130 million taxpayers in May. If you have filed or plan to file a 2007 tax return, no other action is necessary. If you receive Social Security and did not file a 2006 tax return, the IRS will send you a package over the next couple of months, which includes everything you need to file a 2007 return and receive a stimulus payment.
IRS Holds $1.2 Billion in Unclaimed Refunds for 2004
WASHINGTON - Unclaimed refunds totaling approximately $1.2 billion are awaiting about 1.3 million people who failed to file a federal income tax return for 2004, the Internal Revenue Service announced today. However, to collect the money, a return for 2004 must be filed with an IRS office no later than Tuesday, April 15, 2008. Those due a refund who did not file a 2004 tax return could collect even more money by also filing a 2007 tax return to claim the economic stimulus payment. To receive a payment, taxpayers must have a valid Social Security number, $3,000 of qualifying income and file a 2007 federal tax return. Millions of retirees, disabled veterans and low-wage workers who usually are exempt from filing a tax return must do so this year in order to receive the stimulus payment.
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