Wednesday, April 9, 2008

Economic Stimulus Payments for Low-Income Veterans

Per Paralyzed Veterans of America:

"The recently approved economic stimulus package contains a special provision allowing Social Security and veterans benefits to count toward the qualifying income requirement of $3,000 needed to receive the stimulus payment.

Even if a veteran paid no federal income taxes in 2007, the Economic Stimulus Act of 2008 provides for payments of $300 ($600 if married filing jointly) as well as an additional payment of $300 for each qualifying child for those who qualify..."

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