Could some one explain the Tax rebate?
Hello, I have hear soo many different things nearly this stimulant coming out in may for the levy rebate, is it still true for married $1200, couples $600 each and child $300? Or does it depend on you return from 2007? Also, how would it work if my sister was file as a dependent with her boyfriend he be head of household, would they find $600 each or of late $300 for her? and $600 for him? Pleas some one explain!
Answers: It doesn't depend on your 2007 refund... Your central numbers depend on your AGI (Adjusted Gross Income). Between $3000 and $75000 for single folks... Double that for couples.
Your sister is ineligible as she is claimed as a dependent by someone else... And she is not considered a child if she is older than 17... Therefore she get nothing... And her "boyfriend" get the $600 assuming he fits within the income parameter.
REBATE means to donate back.
First they pocket the money from you.
Then they give it rear legs.
And you are supposed to be grateful.
The rebate depends on your net excise liability. If you sister is over the age of 17 her boyfriend wouldn't receive anything for her. If she is under 17 he would receive 300.00 for her
If he have a net income levy liablity his rebate would be that amount but no more than 600 and no less than 300. If he didn't enjoy a net income export tax liability but had 3,000 of qualified earn income he would receive 300.00. He had dependent beneath the age of 17 he would receive an additional 300 for that dependent.
"tariff rebate" means we are borrowing money from another country, approaching, say, uh, China...so that we can catch a short-term fix of cash to put contained by our pocket -- good trick the Democrats use to pander to the instant-gratification culture than is going to be our destruction.
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Answers: It doesn't depend on your 2007 refund... Your central numbers depend on your AGI (Adjusted Gross Income). Between $3000 and $75000 for single folks... Double that for couples.
Your sister is ineligible as she is claimed as a dependent by someone else... And she is not considered a child if she is older than 17... Therefore she get nothing... And her "boyfriend" get the $600 assuming he fits within the income parameter.
REBATE means to donate back.
First they pocket the money from you.
Then they give it rear legs.
And you are supposed to be grateful.
The rebate depends on your net excise liability. If you sister is over the age of 17 her boyfriend wouldn't receive anything for her. If she is under 17 he would receive 300.00 for her
If he have a net income levy liablity his rebate would be that amount but no more than 600 and no less than 300. If he didn't enjoy a net income export tax liability but had 3,000 of qualified earn income he would receive 300.00. He had dependent beneath the age of 17 he would receive an additional 300 for that dependent.
"tariff rebate" means we are borrowing money from another country, approaching, say, uh, China...so that we can catch a short-term fix of cash to put contained by our pocket -- good trick the Democrats use to pander to the instant-gratification culture than is going to be our destruction.