Comments on: No Stimulus Check This Year – Pay Yourself First Instead

By: Ryan

Ryan — Sun, 17 May 2009 02:22:09 +0000

This is the result of a change in the tax code and you will not have to pay more taxes based on the additional income you receive.

By: Stephanie

Stephanie — Sun, 17 May 2009 01:56:39 +0000

I am geting more on my check and i am scared i will have to pay taxes at the end of the year

By: Ryan

Ryan — Fri, 15 May 2009 19:03:14 +0000

Tracey, the tax break will be the same for self-employed workers as it is for W-2 workers. The only difference is that self-employed people pay estimated taxes and salaried or hourly workers usually have their taxes taken out for them. In this case the taxes that salaried and hourly workers receive will have a little less taxes taken out. I’m not sure how that will work for self-employed workers, but you can contact an accountant who may be able to help you out to determine if you can withhold slightly less on your estimated taxes.

By: Tracey

Tracey — Fri, 15 May 2009 18:58:22 +0000

no stimulus payment for self employed wow, why where we not figured in that bill.
we pay taxes as well. welfare and social security does not, but they reap sum small reward. hmmmm. tax break @ the end of the year if so, how much!!!!!! do we recieve a letter in the mail stating it.

By: Carmelo Junior

Carmelo Junior — Thu, 30 Apr 2009 16:07:41 +0000

The economy is not going to get better with a 20 dollrs a month reelection scam. See? People don’t even notice they are getting this fiasco. Millions were waiting for a 400-800 dollars check in the mail to spend it this summer. They get a 20 dollars pay increase for a year instead.

By: Ryan

Ryan — Thu, 30 Apr 2009 15:03:10 +0000

Bearhandz: Adjusting the paychecks is optional for the employers, so I am not sure there is anything you can do about it.

By: Bearhandz

Bearhandz — Thu, 30 Apr 2009 13:57:18 +0000

I realize it’s not a lot of money, but every bit counts for those of us pinching pennies. So what do you do if your employer doesn’t adjust your paychecks to include the stimulus?

By: Ryan

Ryan — Thu, 16 Apr 2009 03:29:33 +0000

Nakia: You should have some taxes withheld from your paycheck. If you do not have taxes withheld, then you need to pay estimated taxes.