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According to the IRS, the stimulus payment did not reduce taxpayers' 2008 refunds or increase the amount owed when filing 2008 returns. [7] The payment schedule was based on whether the taxpayer's 2007 tax return listed direct deposit information as well as the last two digits of the social security number of the tax return's main filer, with ...
January 18 – President George W. Bush announces an economic stimulus package, proposing $800 per individual and $1600 per couple in tax refunds. January 21 – Stock markets around the world plunge amid growing fears of a U.S. recession, fueled by the 2007 subprime mortgage crisis. [3]
You can get information on your refund 24 hours after the IRS receives your e-filed tax return or four weeks after you mailed a paper return. The tool updates once a day, usually overnight.
January 2008: U.S. stocks had the worst January since 2000 over concerns about the exposure of companies that issue bond insurance. [114] February 13, 2008: The Economic Stimulus Act of 2008 was enacted, which included a tax rebate. [115] [116] February 22, 2008: The nationalisation of Northern Rock was completed. [100]
The outlet said refunds could take longer during peak filing times in April, while refunds that include the Earned Income Tax Credit or the Additional Child Tax Credit can't be issued until mid ...
IRS records show that tax filing season has normally started in the last week of January, here is a list of start dates for the past 10 years. 2024: Jan. 29 2023: Jan. 23
Form 1040, U.S. Individual Income Tax Return; Form 1040A, U.S. Individual Income Tax Return; Form 1040EZ, Income Tax Return for Single and Joint Filers with No Dependents; Form 1041, U.S. Income Tax Return for Estates and Trusts (for 1993 and prior years, this was known as "U.S. Fiduciary Income Tax Return");
You've filed your tax return and now you're anxiously awaiting your refund. If you want to check on the status, you can do so at the IRS website. You'll need to have certain information in hand to ...