Will I go and get a due rebate check?
When I only made $800 final year? and I have a newborn son?
Answers: You did not earn adequate ($3000) to qualify for a rebate, but you may still benefit under the plan.
While the rebate depends on your 2007 status and income, it is in reality a rebate toward your 2008 taxes. According to the Economic Stimulus Act of 2008, taxes would be cut in 2008 from 10 percent to zilch percent on the first $6,000 dollars of taxable income for individual taxpayers.
So if you have taxable income contained by 2008, you will see a tax cut when you record in 2009.
No, you must own minimum of $3,000 as qualifying income.
Read:
http://taxipay.blogspot.com/2008/02/are-...
Individual taxpayers would obtain up to $600 in rebate, working couples $1,200 and those with children an extra $300 per child under the agreement.
Can i claim my girlfriends child on my toll return for 2007 since he lived near me for the entire year?
What will you do near your import tax reimbursement?
How much surrounded by fees do the IRS charge?
I owe the IRS 25k for 2004 & 2005. I'm offering 10% of that for an Offer In Compromise.Think they'll adopt?
What is the best free efile company to use?
Answers: You did not earn adequate ($3000) to qualify for a rebate, but you may still benefit under the plan.
While the rebate depends on your 2007 status and income, it is in reality a rebate toward your 2008 taxes. According to the Economic Stimulus Act of 2008, taxes would be cut in 2008 from 10 percent to zilch percent on the first $6,000 dollars of taxable income for individual taxpayers.
So if you have taxable income contained by 2008, you will see a tax cut when you record in 2009.
No, you must own minimum of $3,000 as qualifying income.
Read:
http://taxipay.blogspot.com/2008/02/are-...
Individual taxpayers would obtain up to $600 in rebate, working couples $1,200 and those with children an extra $300 per child under the agreement.