Stimulated But Reserved
Posted on May 14th, 2008
by 
~C4Chaos
~C4Chaos
Checked my mail today. My economic stimulus payment is in! It's directly deposited to my account already. I've also received mail solicitations from different organizations vying to get a piece of the economic stimulus pie. Not sure what to do with it, yet.
Anyway, I've been thinking of getting an iPhone lately but with the non-bubble price of gasoline and the food crisis, I'm not that excited to spend on geeky wants. So, for now the stimulus package is stimulating my savings account. Maybe I'll use it to buy potatoes, or use it as gasoline fund. I don't drive that often but with today's gas prices, it would only take a short time before my gasoline fund dries up.
How about you? Are you that stimulated? How are you spending it?
Access: Public
economic stimulus
July 2008
Keep in mind that for next year's taxes you will be having to declare your economic stimulus payment as income.
actually, no. according to the letter i received from the IRS:
“You will not be required to report the amount of your stimulus payment as taxable income on your 2008 federal income tax return.”
~C
Oh. I got that info from Aley (aka Enlightenedthinker) who does tax returns. Well Good then. :)