FYI - Tax Stimulus & Disability Benefits

Hope this helps a few more people to get their check!

DID YOU RECEIVE SOCIAL SECURITY DISABILITY BENEFITS LAST YEAR?
Even if you are not otherwise required to file a tax return, you may
still be entitled to an economic stimulus payment from the federal
government.

WHAT YOU COULD GET: You could receive a payment of $300 for individuals
or $600 if you are married and file a joint tax return with your spouse.
Eligible taxpayers who qualify for a payment may receive an additional
$300 for each qualifying child. To qualify a child must be under age 17
as of December 31, 2007.

WHAT YOU NEED TO DO: All you have to do to get the stimulus payment is
file a 2007 IRS Form 1040 or Form 1040A and report at least $3,000 in
qualifying income on the form. You can include the amount of your SSA
benefits to qualify for the stimulus payment.

QUALIFYING INCOME: Add the amount of your Social Security benefits to
other qualifying income, such as wage earnings or certain benefits paid
by the Department of Veterans Affairs, to reach the $3,000 requirement.
However, Supplemental Security Income (SSI) does not count as
qualifying income for the stimulus payment.

WHAT YOU FILL OUT: You will enter your name, address, Social Security
Number, and filing status on the form. Then just enter the amount of
benefits reported to you in January on Form 1099-SSA on Line 14a of Form
1040A or Line 20a of Form 1040. If you don't have Form 1099-SSA, you
can estimate your Social Security benefits by taking the monthly amount
you received last year and multiplying it by the number of months you
received a check. If you need to include wage earnings to reach the
$3,000 qualifying level, enter that amount on Line 7 of Form 1040A or
1040. In addition, you should write the words "Stimulus Payment" at the
top of the 1040A or 1040.

IS THE STIMULUS PAYMENT TAXABLE NEXT YEAR? No!

WILL THIS PAYMENT AFFECT THE AMOUNT OF SSA BENEFITS YOU RECEIVE? No!

WHEN WILL I RECEIVE MY PAYMENT? The IRS will begin mailing checks in
early May.

FOR MORE INFORMATION: In late March 2008, the IRS will mail a packet of
information to recipients of Social Security benefits who did not file a
tax return last year. The packet will contain guidance to help you
claim the stimulus payment. If you need information in the interim, you
can visit the IRS web site at www.IRS.gov.



--
Karen C - California
Editor/Proofreader www.IntlProofingConsortium.com

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