irs | Online Savings Blog

Economic Stimulus Payment Schedule
04.09.08 | Money | 0 Comments | by junger

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If you're eligible for the economic stimulus package signed earlier this year, you've probably wondered when your money will be coming.

Here's the schedule, assuming you had your tax returns processed by April 15.

DIRECT DEPOSIT

Last two SSN digits: Payment will be transmitted:
00 through 20 May 2
21 through 75 May 9
76 through 99 May 16

PAPER CHECK

Last two SSN digits: Payments will be mailed by:
00 through 09 May 16
10 through 18 May 23

19 through 25 May 30
26 through 38 June 6
39 through 51 June 13
52 through 63 June 20
64 through 75 June 27
76 through 87 July 4
88 through 99 July 11

If you file after April 15, expect your payment two weeks later than the schedule says, according to the IRS. Not sure if you'll be getting a payment? Check your eligibility now.

(via Blogging Away Debt)
Our Taxes Are Going to Be Confusing. Crap.
02.25.08 | Money | 3 Comments | by junger

As I was hanging out in Best Buy last week while my car speakers were getting replaced, I wandered over to the software section to check out the tax programs.

For the past couple of years, I've used H&R Block TaxCut to file our taxes (how do you file yours?) with little problem.

This year, however, it's going to be a bit more confusing.

Since we moved in the middle of 2007 (well, November), we'll have to pay state taxes in both Massachusetts (where we moved from) and Maryland (where we now live).

Perusing the TaxCut software, I noticed that every version only comes with one state. So I'll only be able to use the software to file in either Maryland or Massachusetts.

Thankfully, Maryland lets individual taxpayers file online for free with their "iFile" system. Check out the demo online.

Chances are, I'll probably use TaxCut for federal and Massachusetts and iFile with Maryland.

Do you have a confusing tax situation? Let us know about it.
File Your Taxes Online: What's the Best Option?
02.12.08 | Money, Online Finances | 0 Comments | by Tom Valenti
It seems everywhere I go I'm inundated with solicitations from H&R Block, Liberty, and a slew of local accountants.

It's tax time, they all want my business, and most seem to want me to come into their physical establishments.

Maybe a coupon or promo item would at least make me to consider moving from the online tax filing service I've been using the last few years. Until that happens, I'll stick with H&R's online TaxCut service.

Before starting with TaxCut, I filed using one of the free services the IRS promotes on their site. I must say, TaxCut (and its competitors I quickly researched) are far superior to the couple of free services I had used in the past.

But I do now see that TaxCut and some other higher profile services are now available for free, as well. For those who qualify, that's a nice deal.

How do you file your taxes? Also, let us know what your experiences have been with online tax services.
How do you file your taxes?

Accountant

Franchise (H&R, Liberty, etc.)

File by myself online

File by myself paper

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Tom Valenti is a marketer and project manager who currently works for a financial institution in New Jersey. For more info, visit him at http://tomvalenti.com.

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