Comments on: 2009 Economic Stimulus: What It Means For You http://www.moneyunder30.com/2009-economic-stimulus-means-you Personal Finance for the Young and Ambitious Sat, 21 Nov 2009 04:23:03 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: SHARON http://www.moneyunder30.com/2009-economic-stimulus-means-you/comment-page-1#comment-2195 SHARON Tue, 26 May 2009 19:32:16 +0000 http://www.moneyunder30.com/?p=1389#comment-2195 I was wondering when I am getting my Economic Stimulus check? I was wondering when I am getting my Economic Stimulus check?

]]> By: william w walters http://www.moneyunder30.com/2009-economic-stimulus-means-you/comment-page-1#comment-2193 william w walters Mon, 11 May 2009 20:30:05 +0000 http://www.moneyunder30.com/?p=1389#comment-2193 I was wondering when i would get check for 250 dollars. I was wondering when i would get check for 250 dollars.

]]> By: FightForANewAmerica http://www.moneyunder30.com/2009-economic-stimulus-means-you/comment-page-1#comment-2189 FightForANewAmerica Wed, 01 Apr 2009 18:58:26 +0000 http://www.moneyunder30.com/?p=1389#comment-2189 stimulus checks are a joke, its just another way for the goverment to hide themselfs for what they are really doing with the money we give them every week,its just a way of keeping you off there trail, to give you this money, and you guys think its free money but its not,its the money you pay every week from working , i really think the goverment could do alot better then what they are giving,instead of giving all this money to other countrys, i dont really understand the goverment myself and all this stuff i wrote is my assumptions, but something really has to be done, i really do not think that god attended us to act like this, i know he made goverments and the laws on the land, but you have to realize that the devil does things to, to blind people from seeing the truth, and if you want to see the truth then all you have to do is accept god as your lord and savier, belive in him and he will give all the answers you need. stimulus checks are a joke, its just another way for the goverment to hide themselfs for what they are really doing with the money we give them every week,its just a way of keeping you off there trail, to give you this money, and you guys think its free money but its not,its the money you pay every week from working , i really think the goverment could do alot better then what they are giving,instead of giving all this money to other countrys, i dont really understand the goverment myself and all this stuff i wrote is my assumptions, but something really has to be done, i really do not think that god attended us to act like this, i know he made goverments and the laws on the land, but you have to realize that the devil does things to, to blind people from seeing the truth, and if you want to see the truth then all you have to do is accept god as your lord and savier, belive in him and he will give all the answers you need.

]]> By: Drokkenian http://www.moneyunder30.com/2009-economic-stimulus-means-you/comment-page-1#comment-2183 Drokkenian Mon, 30 Mar 2009 21:39:39 +0000 http://www.moneyunder30.com/?p=1389#comment-2183 Exactly what I want to know Drenna. If I end up having to pay more in taxes back in 2010 (ie get less of a refund or god forbid having to pay) then I don't want the "credit". It won't be worth it to me. Exactly what I want to know Drenna. If I end up having to pay more in taxes back in 2010 (ie get less of a refund or god forbid having to pay) then I don’t want the “credit”. It won’t be worth it to me.

]]> By: Drenna http://www.moneyunder30.com/2009-economic-stimulus-means-you/comment-page-1#comment-2184 Drenna Thu, 19 Mar 2009 17:59:14 +0000 http://www.moneyunder30.com/?p=1389#comment-2184 I have a question for anyone. Although the 2009 Work Pay Tax Credit will provide a little more in my paycheck each week. How does this affect my tax liability when filing in 2010 (for 2009)? Will the liabilities change along with the lowered payroll tax withholding? Or will I simply have paid in less taxes, thus increasing my tax liability next year when I file? I have a question for anyone. Although the 2009 Work Pay Tax Credit will provide a little more in my paycheck each week. How does this affect my tax liability when filing in 2010 (for 2009)? Will the liabilities change along with the lowered payroll tax withholding? Or will I simply have paid in less taxes, thus increasing my tax liability next year when I file?

]]> By: Eddie http://www.moneyunder30.com/2009-economic-stimulus-means-you/comment-page-1#comment-2190 Eddie Tue, 03 Mar 2009 13:32:42 +0000 http://www.moneyunder30.com/?p=1389#comment-2190 Jennifer, your friend probably received a $600 stimulus check because he did not recieve one the last go around. THERE IS NO STIMULUS CHECK FOR THIS YEAR! If you did not get it last time, you get it this time, that simple. I would not plan on that check coming anytime soon. Unless you did not get a check last year that is. Jennifer, your friend probably received a $600 stimulus check because he did not recieve one the last go around. THERE IS NO STIMULUS CHECK FOR THIS YEAR! If you did not get it last time, you get it this time, that simple. I would not plan on that check coming anytime soon. Unless you did not get a check last year that is.

]]> By: Jennifer http://www.moneyunder30.com/2009-economic-stimulus-means-you/comment-page-1#comment-2194 Jennifer Tue, 03 Mar 2009 04:38:22 +0000 http://www.moneyunder30.com/?p=1389#comment-2194 Ok, my friend just informed me he recieved a $600 Stimulus check a couple weeks ago for 2009. This sounds like good news to me being that were in the same business of hospitality and no children and around the same age.....I already did my tax return so I guess its just a waiting game. I did mine on turbotax and efiled he did his thru Jackson Hewitt and paid to have his return faster...do you think this would make a difference in time frame of recieveing your check? Ok, my friend just informed me he recieved a $600 Stimulus check a couple weeks ago for 2009. This sounds like good news to me being that were in the same business of hospitality and no children and around the same age…..I already did my tax return so I guess its just a waiting game. I did mine on turbotax and efiled he did his thru Jackson Hewitt and paid to have his return faster…do you think this would make a difference in time frame of recieveing your check?

]]> By: Money Under 30 http://www.moneyunder30.com/2009-economic-stimulus-means-you/comment-page-1#comment-2187 Money Under 30 Fri, 20 Feb 2009 18:56:58 +0000 http://www.moneyunder30.com/?p=1389#comment-2187 Chiamo, one thought. Eddie's definitely right that you typically lose 20-30% of the value of a new car as soon as you drive off the lot, although Hondas, especially Civics, may be something of an exception. I worked briefly as a Honda salesperson and was amazed to see that dealers sold two year old civics for only $1-$2k less than brand new ones. That said, you likely couldn't get that in a private sale, but it does show Civics depreciate a bit less than other models. I would look at the credit as an opportunity to perhaps get a new car for not much more than you would've paid for the used one, although even with the credit you're still paying a premium for buying new. Chiamo, one thought. Eddie’s definitely right that you typically lose 20-30% of the value of a new car as soon as you drive off the lot, although Hondas, especially Civics, may be something of an exception. I worked briefly as a Honda salesperson and was amazed to see that dealers sold two year old civics for only $1-$2k less than brand new ones. That said, you likely couldn’t get that in a private sale, but it does show Civics depreciate a bit less than other models.

I would look at the credit as an opportunity to perhaps get a new car for not much more than you would’ve paid for the used one, although even with the credit you’re still paying a premium for buying new.

]]> By: JEM http://www.moneyunder30.com/2009-economic-stimulus-means-you/comment-page-1#comment-2188 JEM Fri, 20 Feb 2009 16:54:26 +0000 http://www.moneyunder30.com/?p=1389#comment-2188 Too bad I had to buy two cars in 2008!! It figures! Too bad I had to buy two cars in 2008!! It figures!

]]> By: Eddie http://www.moneyunder30.com/2009-economic-stimulus-means-you/comment-page-1#comment-2185 Eddie Thu, 19 Feb 2009 19:43:51 +0000 http://www.moneyunder30.com/?p=1389#comment-2185 Chiamo, probably not a real good idea the way I figure it. Per the Bill, you are only allowed to deduct the sales tax from a new car purchase. Given that you lose like 20 to 30% of the value of a new car as soon as you drive it off the lot I would think the number between the tax break and the beating you would get from the depreciation of the new car would never add up to any savings. If it were me, I would buy a 2 year old, low mileage car and not take the carrot on this one. Just my opinion though :-) Chiamo, probably not a real good idea the way I figure it. Per the Bill, you are only allowed to deduct the sales tax from a new car purchase. Given that you lose like 20 to 30% of the value of a new car as soon as you drive it off the lot I would think the number between the tax break and the beating you would get from the depreciation of the new car would never add up to any savings. If it were me, I would buy a 2 year old, low mileage car and not take the carrot on this one. Just my opinion though :-)

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