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More Than 90_000 in Kentucky Yet to Claim Economic Stimulus Payments

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More Than 90_000 in Kentucky Yet to Claim Economic Stimulus Payments Powered By Docstoc
					More Than 90,000 in Kentucky 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 Kentuckians remaining to file for payments, by county 7,500 to 15,000 2,000 to 7,499 1,250 to 1,999 750 to 1,249 0 to 749

REMAINING TO FILE:

91,661
TOTAL UNCLAIMED PAYMENTS:

$27,498,300
Cities in the top 100 nationwide with unclaimed payments

Louisville: 14,449
Number of Kentuckians remaining to file for payments, by county (top 20 counties)
Counties among the top 200 nationwide with unclaimed payments
Total value Jefferson Fayette Kenton Pike Daviess Warren Pulaski Campbell Boone Hardin 4,809 2,588 2,236 1,964 1,834 1,759 1,520 1,510 1,487 14,769 $4,430,700 $1,442,700 $776,400 $670,800 $589,200 $550,200 $527,700 $456,000 $453,000 $446,100 McCracken Madison Boyd Franklin Floyd Whitley Christian Hopkins Laurel Graves 1,486 1,471 1,431 1,327 1,320 1,296 1,279 1,268 1,265 1,028 Total value $445,800 $441,300 $429,300 $398,100 $396,000 $388,800 $383,700 $380,400 $379,500 $308,400

IRS media contact: Jodie Reynolds
Source: Internal Revenue Service

317-685-7518

For more information, contact the Center on Budget and Policy Priorities at stimuluspayments2008@cbpp.org