Friday, July 2nd, 2010

Tax Credit?

tax credit
BeAuTiFuLlYbRoKeN asked:


Ok I didn’t work in 07 due to my husband’s passing in October of 06, just took time off to spend with my kids while they are still small. My only income for 07, was mine and my childrens Survivor Benefits (SSI). Will I qualify for the Tax Credit? I’ve heard a few different stories and I wanna get it straight. Thanks!

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4 Responses to “Tax Credit?”

kana121569 Says:
July 3rd, 2010 at 11:01 am

yeah, you should receive something.

rwbsvc Says:
July 4th, 2010 at 11:39 am

I think that survivor benefits are Social Security Benefits and not Supplemental Security Benefits, therefore if you received more than $3000.00 then yes, you qualify for the $300.00, plus $300.00 for each child UNDER age 17.

Judy Says:
July 5th, 2010 at 7:56 am

SSI is different from social security. If it’s really SSI, then no you aren’t eligible. If it’s really social security, you would have gotten a form SSA-1099 at the end of the year – that is eligible income, and you can file a tax return (even though you don’t owe any tax) and be eligible for the stimulus payment

Richard M Says:
July 8th, 2010 at 3:48 pm

Social Security survivor benefits qualify for the rebate, but SSI does not.

According to the IRS:

You may qualify for a minimum payment of $300 ($600 if filing a joint return) if your tax return reflects $3,000 or more in qualifying income – which includes Social Security, but not SSI.

BUT YOU MUST FILE TO RECEIVE THE REBATE, even if you are not required to do so.

The IRS has announced an electronic free file option for people who have no legal requirement to file a tax return but must file a return this year in order to receive a 2008 economic stimulus payment.

Go to the IRS homepage, click on “Rebate Questions?”, then scroll down to “You May Be Eligible Even if You Normally Do Not File a Tax Return” and click on “Information for people who receive retirement, disability or survivors’ benefits”.

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