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Old 02-01-2009, 03:06 PM   #7 (permalink)
Redjake
I'm a family man - I run a family business.
 
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Location: Wilson, NC
Quote:
Originally Posted by radioguy View Post
i did my taxes last week and asked about the stimulus check. my guy said that it doesn't affect your return this year. you are asked how much you got to make sure that you received the correct amount. i received 6200 back this year...doesn't look like it was minus any stimulus money.
Most tax websites and tax professionals are saying "it doesn't affect your return" but this is very misleading. It does not affect your total return, because you got part of it in the first half of 2008! If you got back $6200 this year, and got a stimulus check in 2008, you normally would've gotten back $6200 + $600 (or $1200 if you are married).
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