The Federal Tax Credits Blog

Posts Tagged ‘tuition tax credit stimulus bill’

Question: Where do people get the idea that the Stimulus bill would benefit illegals?

We hear this claim over and over. Are people misinformed by the media? or is this fact?

http://mediamatters.org/items/200901300010

Summary: Lou Dobbs falsely claimed that the economic recovery bill, which the House recently passed, “would allow people who don’t have Social Security numbers to be eligible” for the bill’s Making Work Pay tax credits and would therefore make undocumented immigrants “eligible for checks.” In fact, illegal immigrants without Social Security numbers are not eligible for tax credits under the stimulus bill.

Answer: From Rush Limbaugh and his Band of Ignorant men.

Biden says average income tax refunds up nearly 10 percent, gives credit to stimulus plan

WASHINGTON – Vice President Joe Biden says average income tax refunds are up nearly 10 percent to just over $3,000, largely due to various tax benefits in last year’s economic stimulus bill.

Economic Stimulus Package

Question: Why does my $225,000 + bonus annual income disqualify me from the stimulus bill tax benefits?

I am a head of household single parent. I don’t get the $400 tax credit, or the car purchase sales tax deduction or the tax credit on my son’s college tuition. Was I a fool to work hard and pay my own way through college to get a chemistry degree, a law degree and then keep working hard all these years?

Answer: yup pretty much. You should have been like my dad who lays around getting disability. Hey, thanks for paying for my college hahaha.

UPDATED: Year-end tax tips from local experts

SANDUSKY ‘Tis the season to pay taxes. The April 15 deadline to file a federal income tax return looms, and the folks who give advice on such things suggest giving that fact some concentrated attention well before April 14.

President Obama: Health Reform Town Hall at Kroger in Virginia