Martin Crutsinger, writing for the Associated Press, reports that the mid-year federal budget deficit is at an all time high. Hooray recession! Hooray Iraq War! Hooray Bush Tax Cuts! Hooray “Stimulus” Package!
Masson's Blog
Martin Crutsinger, writing for the Associated Press, reports that the mid-year federal budget deficit is at an all time high. Hooray recession! Hooray Iraq War! Hooray Bush Tax Cuts! Hooray “Stimulus” Package!
Wanted to post this *somewhere* so here looks good.
1) I owed on my federal taxes (self-employed, it happens)
2) I checked the box for the Feds to calculate my penalty for me
3) I received my Stimulus check around 5/15 (cashed it on 5/16 according to my bank). It arrived minus $225 which I assumed was the penalty I owed
4) Just received a verification from the IRS that that is what happened. Oh… and they charged me INTEREST on the 7 DAYS MY PENALTY WAS LATE (5/19 – 5/26).
NOTE: They charged me interest on days at least a week after they cut my check minus the penalty. ALL WITHOUT EVER SENDING A BILL FOR THE PENALTY.
It’s only $0.26, so what are you going to do. BUT STILL!!!!