IRS Reminds You To File Your Tax Return In Order To Receive Stimulus Payment

The IRS will begin sending letters to remind eligible tax payers that they will not have to do anything other than file a 2007 tax return in order to receive a stimulus package payment.

“These special letters remind people that they won’t need to do anything more than file a 2007 tax return in order to put the stimulus payment process in motion,” Acting IRS Commissioner Linda Stiff said.

“To receive a payment in 2008, individuals who qualify will not have to do anything more than file a 2007 tax return. The IRS will determine eligibility, figure the amount and send the payment,” the notice states. “This payment should not be confused with any 2007 income tax refund that is owed to you by the federal government. Income tax refunds for 2007 will be made separately from this one-time payment.”

Watch out for scammers telling a different story.

Special Economic Stimulus Letters Reach Mailboxes in March [IRS]