subscribesubscriber servicescontact usabout ussite mapBuy a Classified
Fri, May 16 2008 

Published: May 10, 2008 01:25 pm    print this story   email this story   comment on this story  

Show us the money

By Susan Brittingham
Features Editor

Nearly $8 million is expected to hit McAlester banks and mailboxes in the next few weeks as people receive their economic stimulus payments from the Internal Revenue Service.

That’s according to marketing experts, who say there are 17,635 households in McAlester (as of 2007), and of those 17,233 have income less than $149,999, which means that 97.7 percent are eligible for economic stimulus payments.

If the average refund is $450, then the total payments received would be $7.5 million.

What will most of it be spent on?

Groceries seems to be the prevailing answer. All this week there have been longer lines in local grocery stores and parking lots are frequently full of cars.

One grocery store that has seen an increase in the number of shoppers is Allen’s IGA on Washington Avenue.

“I’m definitely going to buy groceries with mine,” Delphia Mize said Saturday morning at Allen’s IGA. “I lost about $400 worth of groceries in the ice storm, and this money is a blessing.

“When I heard we were going to get it, I got so happy and excited. And then I decided to spend about a $1,000 fixing my roof, which got damaged in the storm, and the rest of it is going on groceries.”

Mize said she is expecting to get back $1,800. The payments give up to $600 per adult, with a maximum of $1,200, and up to $300 for each dependent child.

But not everybody will be getting one of the checks. The IRS said that people who still owe back taxes and those who owe students loans or back child support will not receive a stimulus check.

To get a check, people must file a 2007 return, even if they did not work. Social Security Disability, retirement, low income workers, certain railroad retirees and those who receive certain benefits from the Department of Veterans Affairs — who don’t don’t normally file — may receive a stimulus payment if they do.

The deadline for those filers is Oct. 15.

People in those categories can receive a payment of $300 ($600 if a joint return) if they had at least $3,000 of qualifying income.

Direct deposit checks are to be transmitted based upon the last two digits of the main tax filer’s Social Security number: 00 through 20 was May 2; 21-75 was Friday; and 76 through 99 is Friday.

Paper checks will be mailed out based upon the last two numbers of the Social Security number, also. Those payments are to begin Friday, with numbers 88 through 99 receiving their checks July 11.

For more information and to use the economic stimulus payment calculator to find out how much you qualify for, visit www.irs.gov.

Contact Susan Brittingham at 421-2029 or e-mail sbrittingham@mcalesternews.com.

print this story   email this story   comment on this story  

Click to discuss this story with other readers on our forums.



monster
wheels
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Premier Guide
Today's exclusive jobs

Beare Manor
looking full time Housekeepers. Apply in person 1300 N. Drive Hartshorne. See Josie...>MORE

Walnut Grove Living Center
is now taking applications for an evening shift CMA. Wage based on experience. Please apply in person at 1001 S. George ...>MORE

Kitchen help & Dishwasher needed.
Full & part time. Apply in person at Marilyn’s Restaurant next to Best Western 1211 George Nigh. ...>MORE

NEWSPAPER INSERTS NEEDED NOW!
Must be able to work Saturdays.
Apply at The McAlester News-Capital
500 S. 2nd
Ask for Gina or Leslie b
...>MORE

Technician needed
Telephone or related skills-Experience preferred. BizTel Communications. 429-0000...>MORE

Part-time/full time
cook wanted at First Baptist Church. Exp. nec. with cooking and preparing for large groups. Exp. with order placing & i...>MORE

TRIAGE SPECIALIST ASSISTANT
The Carl Albert Community Mental Health Center is currently accepting applications for Triage Specialist Assistant to as...>MORE

Now taking applications for toll collector
position at the McAlester Plaza on the Indian Nation Turnpike. $8.50 per hour, 11:00pm to 7:00am shift and available f...>MORE

ARMED SECUriTY GUARDS CLEET
certified; full time positions available. Starting salary $11.25 per. Hr. w/uniform. Holiday pay, Vacation, Medical ben...>MORE

Busy dental office
in McAlester hiring for Full-time Front office. Computer & accounting skills required. Call 918-426-9900 for more infor...>MORE

See all ads

Today's exclusive homes

NEED TO SELL YOUR HOME?
Lots of people are moving to McAlester to work and to retire....Your real estate listing could be here for all to see & ...>MORE

See all ads


 

Community Newspaper Holdings, Inc.CNHI Classified Advertising NetworkCNHI News Service
Associated Press content © 2008. All rights reserved. AP content may not be published, broadcast, rewritten or redistributed.
Our site is powered by Zope and our Internet Yellow Pages site is powered by PremierGuide.
Some parts of our site may require you to download the Flash Player Plugin.
View our Privacy Policy
Advertiser index

rc