Donna,
The hotline number during the filing season for 2007 returns was 866-234-2942. That may not be what you want during this filing season. I’ve heard that the IRS will post a link so that we will be able to quickly look up the amount that TP’s received based on the 2007 returns in order to determine whether they are eligible for an additional amount based on the 2008 returns. In the 2008 returns it’s called the Recovery Rebate Credit, to distinguish it from the amount received for the 2007 year. There should be a worksheet in your tax program to do the calculation.
When clients come in this filing season we need to ask them how much of a rebate they got based on the 2007 filing, reported to them by the IRS on Notice 1378. After the pause and the blank stare, or the: “I didn’t get anything.” response, we’ll be able to go to the IRS link to look it up.
John Stevens, EA
Stevens Tax & Accounting, Inc., dba Equi-Tax
651-773-5000
FAX 651-457-4529
equitax@unique-software.com
www.equitax.net
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From:
Sent: 12/16/2008 2:44 PM
To:
Subject: [taxchat] Economic stimulous rebate phone number
Is anyone aware of the IRS phone number to call to verify the amount of the economic stim rebate? Or do we go online to get that info?
Donna J. Perrone, EA
203-469-4939
203-468-2038 fax
IRS Circular 230 Disclosure: Unless expressly stated otherwise, any tax advice contained herein, including attachments and enclosures, is not intended or written to be used, and may not be used, for the purpose of (1) avoiding tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions, or (2) promoting, marketing or recommending to another party any tax-related matters addressed herein.
IRS Circular 230 Disclosure: Unless expressly stated otherwise in this transmission, any tax advice contained herein, forwarded with or attached to this message was not and is not intended to be used, nor may it be relied upon or used, by any taxpayer for the purpose of (1) the avoidance of any tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions, or (2) promoting, marketing or recommending to another party any tax transaction or tax-related matters that may be addressed herein.
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