I want my bailout!

[carlsbadworker]

cooperider, would you please read my original link? The bill intends to remove the repayment requirement for home purchased in the first half of 2009.

[Sandiagon]

“The full credit would be available for 2009 and 2010 but is limited to those making $75,000 or less ($150,000 or less for workers filing joint returns).

The credit could be paid to workers in one of two ways: through their paychecks or through their federal tax return.

The Make Work Pay Credit also would be refundable, meaning that even tax filers without any tax liability — typically very low-income workers — would receive one.”

As per this article, full credit extended to entire year 2009 and 2010. But it is not talking about waving repayment. Repayment is still there. As per my knowledge if make loss on selling home, you do not need to repay 7,500.00

[Sandiagon]

“The full credit would be available for 2009 and 2010 but is limited to those making $75,000 or less ($150,000 or less for workers filing joint returns).

The credit could be paid to workers in one of two ways: through their paychecks or through their federal tax return.

The Make Work Pay Credit also would be refundable, meaning that even tax filers without any tax liability — typically very low-income workers — would receive one.”

As per this article, full credit extended to entire year 2009 and 2010. But it is not talking about waving repayment. Repayment is still there. As per my knowledge if make loss on selling home, you do not need to repay 7,500.00

[Sandiagon]

“The full credit would be available for 2009 and 2010 but is limited to those making $75,000 or less ($150,000 or less for workers filing joint returns).

The credit could be paid to workers in one of two ways: through their paychecks or through their federal tax return.

The Make Work Pay Credit also would be refundable, meaning that even tax filers without any tax liability — typically very low-income workers — would receive one.”

As per this article, full credit extended to entire year 2009 and 2010. But it is not talking about waving repayment. Repayment is still there. As per my knowledge if make loss on selling home, you do not need to repay 7,500.00

[Sandiagon]

“The full credit would be available for 2009 and 2010 but is limited to those making $75,000 or less ($150,000 or less for workers filing joint returns).

The credit could be paid to workers in one of two ways: through their paychecks or through their federal tax return.

The Make Work Pay Credit also would be refundable, meaning that even tax filers without any tax liability — typically very low-income workers — would receive one.”

As per this article, full credit extended to entire year 2009 and 2010. But it is not talking about waving repayment. Repayment is still there. As per my knowledge if make loss on selling home, you do not need to repay 7,500.00

[Sandiagon]

“The full credit would be available for 2009 and 2010 but is limited to those making $75,000 or less ($150,000 or less for workers filing joint returns).

The credit could be paid to workers in one of two ways: through their paychecks or through their federal tax return.

The Make Work Pay Credit also would be refundable, meaning that even tax filers without any tax liability — typically very low-income workers — would receive one.”

As per this article, full credit extended to entire year 2009 and 2010. But it is not talking about waving repayment. Repayment is still there. As per my knowledge if make loss on selling home, you do not need to repay 7,500.00

[temeculaguy]

The current stimulus package at the senate has a provision to eliminate the need to repay the 7500, that is why carlsbad posted this thread, he missed it by a day because the freebie is only for 2009 buyers, Dec 31 2008 buyer is on the hook to repay. Sorry of I got the non resident alien thing wrong, I followed the link to the IRS website and went through the flow chart as if I was an illegal alien, guess what, I qualified. I realize it is highly unlikely that an illegal alien would file taxes and get the credit or buy a house, I was just being pissy cause I get jipped again. I never get the stimulus checks, the child tax credit or the bailout because of my income, truth be told I should be more thankful of my numbers and not begrudge anyone their freebies. Occasionaly I have male PMS and realize that I am paying for everyone else’s party. Plus I was tense about the laker/cavs game, my apologies. It’s halftime and it is tied so I guess all is right with the world, everyone take my money, I don’t care, I’ll get more, at least I have my good looks.

[temeculaguy]

The current stimulus package at the senate has a provision to eliminate the need to repay the 7500, that is why carlsbad posted this thread, he missed it by a day because the freebie is only for 2009 buyers, Dec 31 2008 buyer is on the hook to repay. Sorry of I got the non resident alien thing wrong, I followed the link to the IRS website and went through the flow chart as if I was an illegal alien, guess what, I qualified. I realize it is highly unlikely that an illegal alien would file taxes and get the credit or buy a house, I was just being pissy cause I get jipped again. I never get the stimulus checks, the child tax credit or the bailout because of my income, truth be told I should be more thankful of my numbers and not begrudge anyone their freebies. Occasionaly I have male PMS and realize that I am paying for everyone else’s party. Plus I was tense about the laker/cavs game, my apologies. It’s halftime and it is tied so I guess all is right with the world, everyone take my money, I don’t care, I’ll get more, at least I have my good looks.

[temeculaguy]

The current stimulus package at the senate has a provision to eliminate the need to repay the 7500, that is why carlsbad posted this thread, he missed it by a day because the freebie is only for 2009 buyers, Dec 31 2008 buyer is on the hook to repay. Sorry of I got the non resident alien thing wrong, I followed the link to the IRS website and went through the flow chart as if I was an illegal alien, guess what, I qualified. I realize it is highly unlikely that an illegal alien would file taxes and get the credit or buy a house, I was just being pissy cause I get jipped again. I never get the stimulus checks, the child tax credit or the bailout because of my income, truth be told I should be more thankful of my numbers and not begrudge anyone their freebies. Occasionaly I have male PMS and realize that I am paying for everyone else’s party. Plus I was tense about the laker/cavs game, my apologies. It’s halftime and it is tied so I guess all is right with the world, everyone take my money, I don’t care, I’ll get more, at least I have my good looks.

[temeculaguy]

The current stimulus package at the senate has a provision to eliminate the need to repay the 7500, that is why carlsbad posted this thread, he missed it by a day because the freebie is only for 2009 buyers, Dec 31 2008 buyer is on the hook to repay. Sorry of I got the non resident alien thing wrong, I followed the link to the IRS website and went through the flow chart as if I was an illegal alien, guess what, I qualified. I realize it is highly unlikely that an illegal alien would file taxes and get the credit or buy a house, I was just being pissy cause I get jipped again. I never get the stimulus checks, the child tax credit or the bailout because of my income, truth be told I should be more thankful of my numbers and not begrudge anyone their freebies. Occasionaly I have male PMS and realize that I am paying for everyone else’s party. Plus I was tense about the laker/cavs game, my apologies. It’s halftime and it is tied so I guess all is right with the world, everyone take my money, I don’t care, I’ll get more, at least I have my good looks.

[temeculaguy]

The current stimulus package at the senate has a provision to eliminate the need to repay the 7500, that is why carlsbad posted this thread, he missed it by a day because the freebie is only for 2009 buyers, Dec 31 2008 buyer is on the hook to repay. Sorry of I got the non resident alien thing wrong, I followed the link to the IRS website and went through the flow chart as if I was an illegal alien, guess what, I qualified. I realize it is highly unlikely that an illegal alien would file taxes and get the credit or buy a house, I was just being pissy cause I get jipped again. I never get the stimulus checks, the child tax credit or the bailout because of my income, truth be told I should be more thankful of my numbers and not begrudge anyone their freebies. Occasionaly I have male PMS and realize that I am paying for everyone else’s party. Plus I was tense about the laker/cavs game, my apologies. It’s halftime and it is tied so I guess all is right with the world, everyone take my money, I don’t care, I’ll get more, at least I have my good looks.

[DWCAP]

OK, thread redirection.

Another part of the bailout is a $500 tax break for singles, $1000 for couples. I see on Cnn them asking for “what would you do”.

I just have to ask, wasnt that wonderful “rebate” check back in Spring 08 suppose to be paid back out of your 09 tax returns? Wont this new tax break mostly just go to paying off the money we already got?

[DWCAP]

OK, thread redirection.

Another part of the bailout is a $500 tax break for singles, $1000 for couples. I see on Cnn them asking for “what would you do”.

I just have to ask, wasnt that wonderful “rebate” check back in Spring 08 suppose to be paid back out of your 09 tax returns? Wont this new tax break mostly just go to paying off the money we already got?

[DWCAP]

OK, thread redirection.

Another part of the bailout is a $500 tax break for singles, $1000 for couples. I see on Cnn them asking for “what would you do”.

I just have to ask, wasnt that wonderful “rebate” check back in Spring 08 suppose to be paid back out of your 09 tax returns? Wont this new tax break mostly just go to paying off the money we already got?

[DWCAP]

OK, thread redirection.

Another part of the bailout is a $500 tax break for singles, $1000 for couples. I see on Cnn them asking for “what would you do”.

I just have to ask, wasnt that wonderful “rebate” check back in Spring 08 suppose to be paid back out of your 09 tax returns? Wont this new tax break mostly just go to paying off the money we already got?

[Author]

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