Translate

Showing posts with label Stimulus Rebate. Show all posts
Showing posts with label Stimulus Rebate. Show all posts

Wednesday, July 02, 2008

Well, drat, it's not unexpected, but annoying

I got a notice from the IRS that my stimulus payment had been applied to the taxes I owe. I knew it was a possibility, but I'd hoped otherwise. So now there's no money for brakes and I'll have to talk to my mom or otherwise come up with the money in a month that it's going to be difficult to pay my normal bills. I am working more at the store than usual, but I don't think it will be enough.

I wish I could find a job that paid a decent amount and was full-time. I'm so tired of never knowing if I'll have a place to live, or food, or a way to get to work. It's kind of ironic that I make so little but can't get the stimulus because I was too poor to pay my taxes on time. Owing the taxes is my fault; I had the wrong amount of exemptions claimed for two jobs, something I need to rectify so I won't have this trouble next year.

I also got something regarding my student loans. My estimated payment for the income contingent plan is $111 a month. I'm in forbearance now but that won't last long. I don't know how I'm going to pay that in addition to my other bills. The good news is that I'll have two debts paid off this month. But then I'll turn around and have to use it to finish paying my taxes and student loans.

Thanks for putting up with my griping. I know things will get better, and I haven't really hit 'worse' yet, but I'm afraid it's coming.

Sunday, February 10, 2008

I stayed up to 5 am Saturday morning

doing my taxes, and I'm going to have to pay again, to the tune of $800. I really need to check my W-4s because something's screwy. I'm not totally finished, because I have to get a file I keep in my desk at work of my medical expenditures. The deductions don't help for federal but they do for Kentucky's state, since they exceed the standard deduction. Also, this year I found a version of TurboTax that is free for both my federal and state returns due to my income and where I live.

I ran the numbers and there's no way to have all of it by April 15th, so I'll have to continue paying on a payment plan. That rebate we're supposed to get may just wind up going back to the government, which I think defeats the purpose of the rebate. I also don't know how much I'll get. At one point the house bill was $300 under $23,000 and $600 above, but the combined bill is more complicated and they really didn't explain what was meant by 'seniors, disabled veterans, and OTHER LOWER-INCOME' people getting only $300. Turns out I'm right BELOW $23,000, so if it's the same, I'm screwed, even though it's a matter of about $400 difference in income. We'll see.

Anyway, I've been up late two nights in a row (although at least on Saturday I got to sleep until 1 pm, but I had to work from 2-10). Time for bed. Good night.