Miss Out on the Stimulus? Here’s Your Chance!

There is some good news though for those who have been laid-off this year, have taken a pay cut, or missed the first stimulus. With the economy in a recession, many people are struggling to make ends meet. The government claims to be trying to help the public with their “economic stimulus package” that was meant to help middle and lower class Americans. Unfortunately, when the time came and the checks arrived, many people were sorely disappointed having received little or sometimes, no help at all.

You may get a second chance at your rebate thanks to a small loophole in the law! The government has issued a “recovery rebate credit” for those people who’s economic status has changed during 2008. Income, family size, and a few other factors (such as the birth of a child) go into consideration for the February enacted economic-stimulus law, therefore even if you weren’t eligible for the rebate in 2007, you may be able to receive the recovery rebate in 2008/2009. Cha-Ching! So don’t fret…a little bit of help may be on the way.

To check on your check (lol!) or change/update your address: visit the “Where’s My Stimulus Payment?” on the IRS website.

Tags: check, economic stimulus package, government, IRS, law, payment, rebate, recession, recovery rebate credit, stimulus