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Velas Tours
an incoming tour operator based in Greece with 34 years experience in both, tours and holidays
velastours.com
an incoming tour operator based in Greece with 34 years experience in both, tours and holidays
velastours.com
Tax Rebate Deadline is October 15th!Tax Rebate Deadline is October 15th! -Rep. Maloney Urges Eligible New Yorkers to File For Rebate Checks- *4.4 Million Americans Who May Be Eligible For Stimulus Checks Havent Filed Yet –Are You One of Them?* New York, NY – New Yorkers who are eligible to receive economic stimulus checks but have not yet filed their 2007 taxes must submit their tax returns by October 15th to receive a rebate. Congresswoman Carolyn B. Maloney (D-Manhattan, Queens) today urged New Yorkers who have not yet taken advantage of the economic stimulus program to do so before the deadline. The IRS has yet to receive tax returns from nearly 4.4 million Social Security and Veterans Affairs beneficiaries who may be eligible for a refund. In addition, October 15th is the rebate deadline for the 10 million Americans who received an extension on their 2007 taxes. “Talk to your friends, neighbors and relatives and make sure they file for their rebate checks before its too late,” Maloney said. “Many New Yorkers who dont normally file tax returns still may be eligible for a rebate. If you havent received a rebate check, you should call the IRS immediately to find out if some unexpected money may be coming your way. Economic stimulus payments totaling $93 billion have already gone out to 114.8 million individuals and families –please dont let this opportunity pass you by.” Taxpayers with questions about the economic stimulus rebates should call the IRS at 1-866-234-2942 or visit the IRS website, www.irs.gov . In-person assistance is available at IRS local offices in Manhattan (55 W. 125th St.; 290 Broadway; and 110 W. 44th St.; all of which can be reached by phone at (212) 436-1000), and Rego Park (59-17 Junction Blvd., (718) 760-6019). Tax Rebate Information From the I.R.S.: People must file a tax return in order to receive an economic stimulus payment, even if they normally are not required to file a return. For eligible individuals, the Economic Stimulus Act of 2008 provided for stimulus payments of up to $600 ($1,200 for married couples) or the amount of the taxpayers 2007 net income tax liability, whichever is less. There also is a $300 payment for each qualifying child. There is an income phase-out, starting at adjusted gross income amounts of $75,000 for single taxpayers and $150,000 for married taxpayers. For people who have no tax liability and who have no requirement to file a tax return because their income is too low or nontaxable there is a stimulus payment of up to $300 ($600 for married couples) plus the $300 payment for each qualifying child. However, people in this situation must have at least $3,000 in qualifying income from earned income, nontaxable combat pay as well as certain benefits from Social Security, Veterans Affairs, and Railroad Retirement. Qualifying income from Social Security includes retirement, disability and survivor benefits. Supplemental Security Income is not a qualifying income. Qualifying income from Veterans Affairs includes disability compensation, disability pension, and survivor benefits. Qualifying Railroad Retirement Board benefits include the Social Security equivalent portion of Tier I benefits. Those who are dependents or eligible to be dependents on anothers tax return are not eligible. People must have a valid Social Security Number unless their spouse is a member of the military. Each year, there are approximately 10 million taxpayers who request an extension from the April 15 deadline to file their tax return. The extension applies only to filing a return, not to paying any taxes owed. October 15 is a final deadline for these extension taxpayers to avoid any penalties. They, too, may be eligible for the economic stimulus payment but must file a 2007 return by October 15 to receive the payment this year. By law, the IRS cannot disperse any economic stimulus payments after December 31, however, people who may be eligible for an economic stimulus payment can claim a credit in 2009 by filing a 2008 income tax return. Those who already have filed a 2007 tax return but who have not yet received an economic stimulus payment can check on the status of their payment by going to “Wheres My Economic Stimulus Payment?”on the IRS.gov website. People also can call 1-866-234-2942 and, after selecting English or Spanish language, should press 2 to check on the status of the stimulus payment. People will need their Social Security Number (the one listed first on the 2007 return), filing status (single, married, etc) and the number of exemptions claimed on the return.
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