If I owe the IRS, will I get my stimulus check? Read more...

Volley, that may be great news for me. I am in a formal repay plan. Well, I can only hope.

Good information!! My EX OWES the IRS. He's set up a payment plan with them and hasn't paid them since last year. Well...I suppose he's not getting a Rebate back!!

Thanks for posting this, good information. :)

I did go on the website irs.gov and found out, that if you do owe taxes like I do, I will not get the rebate but it will apply to what I owe, therefore making my balance due lower.

But are you on a repayment plan?

I am waiting to get confirmation that I am on an installment agreement for 2007 taxes.

Sorry volleyballmom I just read the last part in bold duh. So there could be a possibility I can keep the check if in an installment plan.

kolodin-no worries! :)

I think it will be a "wait and see" what happens if you are on a formal repayment plan...it would be nice to have the cash in hand or I guess just the same if the applied it.

Hello,

I just spoke with a representative (1-800-829-1040) and was informed that if you are currently on a payment plan, then the stimulus payment would be applied to your balance due.

I wonder, when you file taxes this year, and find that you owe, could you deduct the projected stimulus amount you're getting?

Somehow, I don't think that would fly.......

If you decide to try it, please call the IRS and ask them first.

My friend just called the IRS on Friday to set up payment arrangements and she asked them if she was getting the stiumulus payment and they informed yes that she would and that she would be getting $600.00 back.

I just called and because I am on a payment plan, My check is going to pay down what I owe. I will not be getting my check.

I think that my friend is lying to me because if you just called them Kash what you say is right I think she is lying... :twisted: I don't understand what she is doing with her exemptions she is claiming like 4 and she only has herself...she is really screwing herself royally at the end of the year I have told her to change it to 0 but she doesn't listen :twisted:

Lady, I called several times and spoke to several people. If you owe the IRS they will apply your rebate to what you owe. It makes sense, why give you money when you owe them. I dont know whay your friend is screwing herself, but in the end it just is not worth it.

I know I can't understand it either why would you expect money like you said when you already owe it...it makes me mad that she thinks I was dumb enough to believe her...she is very bad with her money....buys stupid stuff I don't know how to make her stop :twisted:

lady, all you can do is take care of yourself. She needs to learn her lessons by herself.

thanks 4 all the comments posted i really appreciate u guys posting ur info now i know...

What if you owe chid support and you have been paying every week out of your pay check wii you get the check?

[color=Red][/color] :oops: :shock: :?:

IF you dont owe any taxes you should get your check.

Thank you I sure do hope so but if not at least my balance will be less :D

My student loan is in deferment status. Will I get a stimulus check?

I would think that you should lisa, but I don't know student loans are tricky business. Someone will be along shortly to advice further.

i curenlty owe 800.00 will i get my rebate check...it said i shoulda got it may 9th direct deposit but havent got it.

If you owe the irs anything you will nt be getting your check. It will go against what you owe.

Ladybug - I believe you are referring you your friends exemptions claimed on her W-4 and not on her tax return. People get this confused often.

This is how it works - when filing out your W-4 (usually upon hire) you indicate how many exemptions you want to claim, the more you claim, the less taxes are taken out of your check. The problem here is if you do this and do not itemize on your tax return, you run the risk of owing the IRS BIG TIME! And once you owe the IRS, it adds up quickly with interest and underpayment penalties.

The old rule of thumb, for a single person with no dependents, just claim yourself.

How do I know this boring stuff, you ask...I am a tax accountant.

Please pursuade your friend to re-think her W-4. She can file a new one with her employer anytime during the year.

Whoa...how'd this end up here (previous post) when I was in a different thread?

You are right desperatelyseekingsanity...here is it June 13th and she still hasn't changed her W-4, she'll be owing them next year also... :twisted: and I tried to tell her she wouldn't be getting her stimulus check and she said "Oh yes I will" well guess what "she didn't get it" they applied it to her taxes that she owes from last year and still owes $250.00 more... :roll:

Some folks never learn. There are some around here that are the same way.

I am on a formal repayment plan and just received a letter from the IRS that my stimulus check was applied to my debt.. Gets me closer to paying it off sooner!

I OWE $202.00 ON MY TAXES FOR 2007. WILL THEY APPLY MY STIMULUS TO IT AND SEND ME THE REST, OR IS THERE SOMETHING I NEED TO DO LIKE SET UP A PAYMENT PLAN?

They'll probably take your stimulus payment and apply it to your debt and send you the rest (if there is any after penalties and interest).

my boyfriend owes 800 to the irs, he never filed his taxes last year will they still take his stimulus check and apply it to the bal he owes to irs even now that is 2009 from last year?????

yes

So why did they keep my stimulus check? He was on a payment plan that began in 2006, but we weren't married until July 2007. I understand them keeping his.

I DIDN'T THINK THE IRS COULD KEEP YOUR STIMULUS CHECK IF YOU WERE IN CHAPT.7. THAT HAPPENED TO ME. PLEASE HELP ME

I dont knew whom to contact at this time my name legally changed all information dont much.I really dont knew how much i owe after all those years.your xxxxx Springfield mo. 65808Personal info removed for your protection..Bossy4455

Paul, this is not the IRS, please go to IRS.gov and you should be able to find a phone number for them there, and they will be happy to answer any of your questions.