2009 Stimulus Check
President Obama has proposed a check to the value of $1000 each as the 2009 stimulus check and Federal Chairman Ben Bernanke has stated that he favors another stimulus to the US economy. Ex-President Bush has also been heard on the matter and he also favors Government assistance.
Recent polls have been taken and they suggest that 90% of Americans support another stimulus check for 2009.
October 15, 2008 was the last day of filing in order to receive a 2009 stimulus check. The forms necessary to do this can be obtained from the IRS website. The form you require is Form 1040A.
The 2009 stimulus check are sent out by the IRS, starting on December 31st 2008. Because of late filing and incorrect addresses held by the IRS, 5.2 million stimulus checks are still unclaimed, each averaging $583. It is advisable to make sure the IRS have your correct address so that the same problem doesn’t occur with the 2009 rebate.
There are certain elegability criteria for the 2009 check and these are:
* You have a valid social security number.
* You must have earned at least $3000.
* You are not a dependant of somebody else.
The suggested value of the stimulus check you will receive for 2009 depends on whether you files as a single person and also on how many children you have. Add $300 to the check for each child you have and $300 to $600 for single applicants or $600 to $1200 for joint applicants. So for a 2 child family you will be looking at between $1200 and $1800.
