clydewolf

Blixet,

That is great!

The stimulus money that most of us received in the May June time frame of 2008 was really a tax credti on our 2008 taxes. But the IRS did not know what information was on our 2008 tax return at that time. Their/Congress's solution was to use the information on our 2007 tax retrun.

Now that the 2008 return information is available, they can make a proper payment if it is needed. Some people like you will get the credit this year because they did not qualify using 2007 data. Some people will receive additional credit because they had a child or 2 or more born or adopted into the family. College students that did not qualify last year may qualify this year if they are no longer a student (think graduation or dropout) and have some earned income in 2008. Or in a case of shared custody/dependent claiming of a child of separated/divorced parents. Last year one parent received $300 for the child, this year the other parent can claim the $300 for the same child.

The neat thing is, this is tax free money, and if you received too much last year, you can keep the excess. Is this a great country or what?