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How Do You Receive The Economic Stimulus Refund That Was Paid In 2008?

April 26, 2017Economic Federal Finance refund stimulus tax taxes

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How Do You Receive The Economic Stimulus Refund That Was Paid In 2008?

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Some people did not receive the $600 ($1200 if married) stimulus refund issued in 2008. The refund was based on your 2007 tax return. The refund was phased out starting at an Adjusted Gross Income of $75,000 ($150,000 if married filing joint). If you did not qualify based off your 2007 tax return but your situation has changed for 2008 you can claim your refund! Prepare your 2008 Form 1040. If your Adjusted Gross Income on line 38 is less than $75,000 ($150,000 if married filing joint) enter $600 ($1,200 if married filing joint) on line 70 of Form 1040. If your Adjusted Gross Income on line 38 is more than $75,000 ($150,000 if married filing joint) then complete the worksheet on page 62 of the Form 1040 Instructions to calculate your stimulus refund. Complete and file your Form 1040 and sit back and wait for your extra cash!