Monday, May 19, 2008

Glitch Found in the Economic Stimulus Checks

Reports of families receiving lower than expected "economic stimulus" checks started piling up the end of the week. Some families have found the $300 per child missing from their checks.

The IRS has issued a statement that around 350,000 families have been affected by a system glitch. That glitch has not correctly computed the amount of checks for some families with children. Other families are receiving checks for less than the full amount because they did not properly complete their tax forms. The IRS went on to say that those owed additional sums should get them in July after the first mailings have been completed.

And while these folks have encountered short-falls in their wind-falls, many many more people around the nation are still waiting for any kind of stimulus check - be it "short", long, or just the right amount - to be delivered to their household.

If you got yours, was it made out for the correct amount?

You can check on the status of your "stimulus" check here:

Click here for the IRS's general website for
Economic Stimulus Payments Information Center:,,id=177937,00.html

Haven't gotten your regular tax refund yet?
You can check on your refund status here:,,id=96596,00.html

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