| A very important part of tax relief is the receipt of | | | | qualifying income. You will, then, be able to claim this |
| economic stimulus payments. These payments will | | | | tax relief benefit. Qualifying incomes are social security |
| begin to roll out in May, 2008. In many instances, you | | | | benefits, certain veteran benefits, earned income in the |
| have to do nothing. If you are eligible for a payment, all | | | | form of wages, self-employment and tips, and certain |
| you do is file your 2007 tax return and leave the rest | | | | railroad retirement benefits. It is vital to file a return and |
| to the Internal Revenue Service. | | | | the IRS cannot emphasize this enough in order to |
| In instances where the recipients of this form of tax | | | | qualify for an economic stimulus payment. |
| relief are receiving social security benefits, are certain | | | | There is a sample version of the form 1040A available, |
| veterans, are receiving railroad retirement benefits or | | | | highlighting the very simple and specific sections that |
| are low-income workers who don't normally need to | | | | must be completed. It is, also, important to note that |
| file a tax return; they will, more than likely, have to take | | | | phishing scams have already been making the rounds, |
| certain steps to ensure that they receive their | | | | where unscrupulous people are trying to take this |
| economic stimulus payment. | | | | money away from the people who are most in need |
| If you are a part of the group of people who would | | | | of it. Beware of these and warn anyone you know |
| not normally have to file a tax return, you now need to | | | | who qualifies. |
| file a tax return that shows you have at least $3,000 in | | | | |