How To Receive Your Stimulus Rebate
In early February, the U.S. Congress approved an economic stimulus package, which passed both the House and Senate by wide margins and was signed by President Bush. I supported this package that includes a tax rebate check for low-income individuals, including retirees on Social Security and disabled veterans who pay no income taxes. This relief could not have come a moment too soon for millions of hardworking American families and small businesses as well as those restricted to a fixed source of income.
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Fraud Alert!
Congressman Mike Pence wants folks to be aware that there exists a potential for scams and fraud with the upcoming stimulus payments (rebates). There have been reports of individuals posing as IRS agents asking for personal and financial information. By following a few simple steps, you can obtain your stimulus payment and protect yourself from fraud.
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IRS 1040A Form and Other Information
Starting in May, the Treasury will begin sending economic stimulus payments to more than 130 million households. To receive a payment, taxpayers must have a valid Social Security number, $3,000 of income and file a 2007 federal tax return. IRS will take care of the rest. Eligible people will receive up to $600 ($1,200 for married couples), and parents will receive an additional $300 for each eligible child younger than 17. 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 a stimulus payment. |
