Getting Back Into the Black

CNNMoney.com posted a good article for anyone that is still curious about the tax rebate checks that will be coming in a few months.  I think the most important part is this:

 People who have already filed their 2007 tax returns and reported at least $3,000 in qualifying income don’t need to do anything else. The IRS will assess their rebate eligibility and send a check to those who qualify. Qualifying income for the purposes of the rebate includes wages and salaries, Social Security benefits and certain veterans’ and retired railroad workers benefits.

I knew that my taxes were going to be really easy this year because I only had one stock sale in November so I filed the day after I got my w2.  I was actually quite impressed that the IRS had the money deposited into my account within 2 weeks.  Based on my past experiences with the IRS, I do not normally hold my breath waiting for them.

After all of the confrontations with the IRS I’ve had over the past year I was not expecting to get an income tax return. For the past few years its been common place at our home for us to file our income tax, expect a refund and a few weeks later get a notice in the mail that our refund was kept and applied toward my outstanding balance.

While I dont like to count my chickens before they hatch, I’m happy to report that I will be getting my refund this year. I talked to the IRS yesterday and they have the payment scheduled to go out tomorrow into my checking account.

Of course, being the obsessive compulsive person I am, I’ve already marked all of it for use in our savings and travel plans.

Where’s your refund? - goes to the IRS website.