Quote Originally Posted by rabernet View Post
Q. Will the payment I receive in 2008 reduce my 2008 refund or increase the amount I owe for 2008?

A. No, the Stimulus Payment will not reduce your refund or increase the amount you owe when you file your 2008 return.
Leave it to the IRS to lie with technicalities. The reason it won't alter your filing next year is because it is part of the base tax calculation, and not a bottom line adjustment.

And no, there is no such thing as free money. If you get money you didn't pay in, then someone is paying in that isn't getting money.