Amazon.com

Wednesday, March 19, 2008

Tax Rebate - I misunderstood the news!

OK, I've dug a little deeper into this stimulus package rebate, and here's what the IRS is saying:

How much will you get? The actual amount depends on the information contained on your tax return. Eligible individuals will receive between $300 and $600. Those who are eligible and file a joint return will receive a total of between $600 and $1,200. Those with children will get an additional $300 for each qualifying child. To qualify, a child must be eligible under the Child Tax Credit and have a valid Social Security number.



So, for a family of 4, the rebate could be up to $1,800 with the addition of $300.00 per child if you qualify. I stand corrected. The Kiplinger's Tax Rebate Calculator was right when I plugged in our numbers a few weeks ago.

Larry

No comments: