Or are we? There has been much discussion over the internet and in coffee shops and homes around the country about the Economic Stimulus Package. When are the checks arriving? What to do with them? Are they even a good idea? Gather Little By Little posted about it recently and his post has a lot of fabulous information… but it also created questions for me.
Mark and I owe about $40,000 in federal back taxes. We know we’re not getting a payout from this plan. Or are we? Both of my exes owe over $10,000 in back child support. From what I understand, if you owe back support, the stimulus check will be offset. Does that mean that the money that isn’t paid to the exes will be sent to me instead? Does that mean what if the IRS does offset the stimulus package for either ex, will they also apply that offset directly to my back taxes instead of sending it to me as child support? It’ll be interesting to see how it plays out.
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{ 2 comments… read them below or add one }
No stimulation here for similar reasons. Rats.
I get no ES check because my income is too high. The IRS does not consider the fact that my ex-wife still gets one-third of my take-home pay for which I pay the taxes. She gets tax-free money from me AND a generous ES check. This sucks. All I can say is, it’s a woman’s world.