More Than 45,000 in Iowa Yet to Claim Economic Stimulus Payments
To boost the flagging economy, Congress authorized economic stimulus payments that eligible households claim by filing a 2007 tax return. However, the IRS identified about 20 million low-income seniors, disabled veterans and others with disabilities who are not otherwise required to file a tax return and, as a result, are at risk of missing out on their $300 payments ($600 for married couples). On June 20, the IRS announced that 5 million people in this group had not yet filed. With the cost of energy, food and other expenses on the rise, the economic stimulus payments are as critical as ever, and assistance is available to those who need it. Eligible people have until October 15 to file for their payments.
Number of Iowans remaining to file for payments, by county 3,000 to 6,000 1,000 to 2,999 500 to 999 0 to 499
REMAINING TO FILE:
46,779
TOTAL UNCLAIMED PAYMENTS:
$14,033,700
Number of Iowans remaining to file for payments, by county (top 20 counties)
County among the top 200 nationwide with unclaimed payments
Total value Polk Linn Scott Black Hawk Woodbury Pottawattamie Dubuque Johnson Clinton Marshall 2,607 2,541 2,106 1,757 1,495 1,422 973 965 923 5,556 $1,666,800 $782,100 $762,300 $631,800 $527,100 $448,500 $426,600 $291,900 $289,500 $276,900 Cerro Gordo Des Moines Wapello Lee Webster Muscatine Story Dallas Marion Boone 847 815 754 748 724 695 658 588 587 586 Total value $254,100 $244,500 $226,200 $224,400 $217,200 $208,500 $197,400 $176,400 $176,100 $175,800
IRS media contact: Christopher Miller
Source: Internal Revenue Service
414-231-2828
For more information, contact the Center on Budget and Policy Priorities at stimuluspayments2008@cbpp.org