How many of you are like me and are extremely confused about the Economic Stimulus refund check? Some people say you are going to get $300 or $600 but no more than $1200 for people filling joint. But then there was this girl that filed as a single person and received $350. Where does the $50 come in? I thought I was only getting $600 but now my sister says that I might be getting $1500. How is this possible?? Click here for more info on how to understand the calculation.
Well for all of you that are confused like me, I have discovered the Economic Stimulus Payment Calculator! The IRS published it on one of their websites. Just have your
1040 ready and answer the questions that follow. At the end you will be informed of your refund amount. It is that simple.
Well once you know how much you are getting, when will you get it? Once person told me that they were going alphabetically. Then someone else said that it is the last two digits of your social security number. Then there is also the issue of whether you filed with direct deposit or paper check. Here is the link for the disbursement schedule.
I hope this helps to clear up some confusion for my readers as it did for me. Feel free to share the website with your curious and confused friends as well.