Pat Starnes Snippets: Economic Stimulus Check: Use it or Lose it

Economic Stimulus Check: Use it or Lose it

 Have you filed your 2007 tax return? Well, call me the procrastinator. I beat the October 15 deadline for filing my Federal tax return by a full seven days. Woo hoo! As I left the accountant's office, I assured her that THIS year will be different. Unfortunately, she knows me well enough by now that she is taking a "I'll believe it when I see it" attitude.

This blog is to remind everyone about the economic stimulus package which passed earlier this year. In order to receive a check, your tax return must be filed by October 15. An news article appeared in this weekend's business section reminding those who don't normally file a return (eligible seniors and veterans) that they MUST FILE to receive the stimulus check. A taxpayer must have earned at least $3,000 in 2007, and social security benefits can be applied to the threshold. Those who file a tax extension should also be reminded about the deadline. Pat Starnes

According to the IRS, over 6,000 recipients in the Jackson Metro area have not submitted their tax return, and will forfeit the money if a return is not filed by the October 15 deadline. On the national level, the number of taxpayers not filing is staggering.

Take a moment to insure those who routinely file tax extensions, or an elderly parent, is aware of this deadline and takes immediate action to file a 2007 return.

 

Written and published by Pat Starnes, McIntosh and Associates, LLC

Written and Published by Pat Starnes REALTOR

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Pat specializes in Residential and New Home Sales 

Primary Service Area:

Brandon, Pearl, Ridgeland, Flowood, Madison and the Ross Barnett Reservoir area

 Pat Starnes, Broker Associate

Front Gate Real Estate, 6700 Old Canton Rd., Suite C

Ridgeland, MS 39157

601-991-2900 - Office

601-278-4513 - Cell

 

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Homes for Sale in Scottish Hills ~ Brandon MS 39047

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Are you looking to buy or sell a home in the Brandon MS market? Call me!

Comment balloon 2 commentsPat Starnes-Front Gate Realty • October 09 2008 08:12PM

Comments

70,000 Louisiana people did not file. That leaves more for the tax payers. This always happens as people or too dumb or do not want to be known by the IRS. The same holds true for the earned income tax credit which is much more. 

I just sent my taxes in today but did not qualify for the helicopter drop. Did it work? 

Posted by Eric Bouler, Listening to your Needs ( Gardner Realtors, Licensed in La.) about 11 years ago

I don't know whether I'll get anything back or not. My accountant said it would probably be applied to NEXT year's return.

Posted by Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell (Front Gate Real Estate) about 11 years ago

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