IRS: It’s Still OK to File Tax Return for Stimulus Payment
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News, Wilkes, Wilkes County, Wilkesboro
Even though April 15 has passed, the Internal Revenue Service today reminded retirees, disabled veterans and others who normally do not file a tax return that there is still time to submit a 2007 form to receive an economic stimulus payment.
People who have no tax filing requirement but have at least $3,000 in qualifying income should file a simple Form 1040A. Qualifying income includes any combination of earned income, nontaxable combat pay as well as certain payments from Social Security, Veterans Affairs and Railroad Retirement.
“Don’t worry if you did not file a return by April 15. If you meet the criteria, you are still eligible for a stimulus payment. The quicker you file, the quicker you’ll get your payment,” said Doug Shulman, IRS Commissioner. People must file a return by October 15 to receive an economic stimulus payment this year.
People who have no tax filing requirement but have at least $3,000 in qualifying income should file a simple Form 1040A. Qualifying income includes any combination of earned income, nontaxable combat pay as well as certain payments from Social Security, Veterans Affairs and Railroad Retirement.
“Don’t worry if you did not file a return by April 15. If you meet the criteria, you are still eligible for a stimulus payment. The quicker you file, the quicker you’ll get your payment,” said Doug Shulman, IRS Commissioner. People must file a return by October 15 to receive an economic stimulus payment this year.
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North Wilkesboro News @ April 24, 2008