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Economic Stimulus Payment Qualification
03-19-2008, 08:43 PM
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#1
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Full time employment: Posting here.
Join Date: Oct 2002
Posts: 717
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Economic Stimulus Payment Qualification
I just got a notice from the IRS about the Economic Stimulus Act of 2008. I'm trying to determine if I will be eligible for the payment. I have no "earned income" in the traditional definition, but I did do a conversion of an IRA to a Roth IRA in excess of $3000 last year for which I will have to pay taxes on my 2007 return. Any tax knowledgeable persons out there know if I qualify for the payment? TIA
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03-19-2008, 09:01 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 1,305
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 Quote:
Originally Posted by riskadverse
I just got a notice from the IRS about the Economic Stimulus Act of 2008. I'm trying to determine if I will be eligible for the payment. I have no "earned income" in the traditional definition, but I did do a conversion of an IRA to a Roth IRA in excess of $3000 last year for which I will have to pay taxes on my 2007 return. Any tax knowledgeable persons out there know if I qualify for the payment? TIA
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RA, somewhat off subject, but what's up with your 'byline'? Why is SD hell on earth? Just curious. :confused:
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03-20-2008, 08:32 AM
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#3
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Full time employment: Posting here.
Join Date: Aug 2006
Location: Columbus
Posts: 769
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03-20-2008, 04:18 PM
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#4
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Full time employment: Posting here.
Join Date: Oct 2002
Posts: 717
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Thanks for the link Uncle Honey - plugging in bogus numbers, it looks like I won't qualify. The stimulus package is even worse than I thought. My opinion of the government is at an all time low.
Concerning the "San Diego Hell on Earth" (club) - they were an unorganized group here in the 70's whose purpose was to stem the tide of new residents. They unsuccessfully tried to point out all the problems (real and imagined) in hopes of keeping San Diego a quiet little backwater town. All you needed to do to join the club was to help perpetuate the idea that San Diego was not a good place to live.
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Random Reinforcement is Highly Addictive.
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03-22-2008, 01:58 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 1,305
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Life is GREAT!
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03-22-2008, 07:13 AM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2005
Posts: 5,704
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yep, the people most likely to spend it on something they wouldnt have bought normally namely higher income earners arent even getting it. 80% will either go to pay bills or stay in the bank doing us no good. what a political joke , smoke and mirrors is all it is
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03-22-2008, 07:24 AM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2007
Posts: 5,072
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Have fun spending our money... we do not qualify. 
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03-22-2008, 07:41 AM
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#8
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 20,608
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Quote:
Originally Posted by riskadverse
Concerning the "San Diego Hell on Earth" (club) - they were an unorganized group here in the 70's whose purpose was to stem the tide of new residents. All you needed to do to join the club was to help perpetuate the idea that San Diego was not a good place to live.
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San Diego was #1 on DW and my retirement list due to weather and sailing community. But once we saw the cost of housing and more recent solvency/political issues, it's permanently off our list. So your group was successful with us too...
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03-22-2008, 08:17 AM
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#9
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,307
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Quote:
Originally Posted by Midpack
San Diego was #1 on DW and my retirement list due to weather and sailing community. But once we saw the cost of housing and more recent solvency/political issues, it's permanently off our list. So your group was successful with us too...
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I lived in San Diego from 1977-1984. Oddly, it was my least favorite of the many places where I have lived, even if the cost of housing is not considered. I was SO glad to finally get out of there, and never looked back.
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Happily retired since 2009, at age 61. Best years of my life by far!
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03-22-2008, 08:30 AM
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#10
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Full time employment: Posting here.
Join Date: Sep 2006
Location: Pocono Mtns.
Posts: 899
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Quote:
Originally Posted by Want2retire
I lived in San Diego from 1977-1984. Oddly, it was my least favorite of the many places where I have lived, even if the cost of housing is not considered. I was SO glad to finally get out of there, and never looked back.
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I see that you are still an active member in "San Diego Hell on Earth" (club)
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03-22-2008, 09:44 AM
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#11
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Full time employment: Posting here.
Join Date: Mar 2005
Location: Northern, Florida
Posts: 925
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Quote:
Originally Posted by riskadverse
Concerning the "San Diego Hell on Earth" (club) - they were an unorganized group here in the 70's whose purpose was to stem the tide of new residents. They unsuccessfully tried to point out all the problems (real and imagined) in hopes of keeping San Diego a quiet little backwater town. All you needed to do to join the club was to help perpetuate the idea that San Diego was not a good place to live.
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I love it. That reminds me of the Vikings naming Iceland (pretty nice place) and Greenland (not so nice place) so others would go to Greenland. 
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Retired in 2006 at age 49.
"Who among us is smart enough to learn from the mistakes of others?" - Voltaire
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03-22-2008, 02:23 PM
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#12
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Full time employment: Posting here.
Join Date: Dec 2005
Posts: 567
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Lesser Seattle is people trying to keep our city from being Californicated.
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