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05-03-2008, 08:43 AM | #1 |
YorkieTalk Newbie! Join Date: May 2008 Location: massachusetts
Posts: 2
| stimulus checks we owe fed taxes (ugh ) and need to set up a payment plan to pay them off, w ehave not rec'd the actual bill from the IRS yet , but we know its coming.. will thet keep the stimulus check to go towards paying our balance ? |
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05-03-2008, 09:02 AM | #2 |
YT 1000 Club Member Join Date: Jul 2007 Location: Washington
Posts: 1,184
| I think that you can put the check towards anything that you like, once it is in your account it is your money I would use it to pay my taxes haha actually, my SO, Kevin is using his for that
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05-03-2008, 09:26 AM | #3 |
YorkieTalk Newbie! Join Date: May 2008 Location: massachusetts
Posts: 2
| stimulus check i am assuming we will get the paper check sinc ewe didnt get a refund then nothing would be deposited in our account automatically but i heard that if you DO owe the IRS they will not send the check to you .. |
05-03-2008, 11:05 AM | #4 |
Donating YT 3000 Club Member Join Date: Jul 2005 Location: Ohio
Posts: 7,946
| Yes, that is what I was just going to post that it would go to taxes owed. If you need to check on when other of you will recieve # is 1-866-234-2942
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05-03-2008, 11:35 AM | #5 |
YT 500 Club Member Join Date: Jun 2006 Location: Middleville
Posts: 933
| Yep, if you owe the IRS the check will go towards it, you won't receive one. Also, if you want to set up a payment plan there is a form to fill out and you can arrange how much you want to pay each month. I did this with my husbands business. We have ours directly taken from a bank account just for this purpose. If you know how much you owe, definately do that because the longer you wait the more penalty you'll have to pay. http://www.irs.gov/pub/irs-pdf/f9465.pdf
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