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Taxpayers Get Second Chance at Stimulus
by Tom Herman
Wednesday, November 12, 2008
Remember those economic-stimulus checks the government was handing out this year? Many taxpayers didn’t qualify for the full amount — or for any payment at all — because their 2007 income exceeded a certain threshold.
But many people who lost their jobs this year, or whose incomes fell for some other reason, will get a second chance next year, thanks to a little-noticed tax-law twist.
More from WSJ.com:
- Banks Boost Customer Fees to Record Highs
- A Little-Known Tax Break for Bruised 529s
- Bailout Bill Provided Tech Workers With Tax Relief (more…)