Gov Taxes
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mr tibbs
- Forum Goatee
- Posts: 3895
- Joined: Sun Dec 17, 2006 3:03 pm
- Location: The land of morons, I mean mormons.:(
Tax Rebate: The Basics
Rebate checks should now be on their way in May, as the government attempts to jump start the economy and minimize the impact of a recession this year. How much you receieve depends on your Gross Adjusted Income for 2007, as stated on the 1040 form you'll send the IRS this spring.
* Most individual taxpayers will receive a $600 check, Couples will receive $1,200, with another $300 per child.
* Individuals who don't earn enough to file Federal Taxes, but who earn at least $3,000 a year, will receive a smaller check of $300.
* You will receive a smaller check if you earn more than $75,000, or $150,000 as a couple filing jointly.
* The cutoff is $85,000 a year for individuals, $174,000 for couples: Beyond that, you no longer qualify for any check.
* Again, the good news for lower income consumers who pay no Federal Income Tax, and Seniors on Social Security, : they will still be able to receive a check.
The IRS will begin mailing out checks in early May, based on the last digits of your Social Security number (as they did in 2001). All checks should be distributed by August.
Source
Rebate checks should now be on their way in May, as the government attempts to jump start the economy and minimize the impact of a recession this year. How much you receieve depends on your Gross Adjusted Income for 2007, as stated on the 1040 form you'll send the IRS this spring.
* Most individual taxpayers will receive a $600 check, Couples will receive $1,200, with another $300 per child.
* Individuals who don't earn enough to file Federal Taxes, but who earn at least $3,000 a year, will receive a smaller check of $300.
* You will receive a smaller check if you earn more than $75,000, or $150,000 as a couple filing jointly.
* The cutoff is $85,000 a year for individuals, $174,000 for couples: Beyond that, you no longer qualify for any check.
* Again, the good news for lower income consumers who pay no Federal Income Tax, and Seniors on Social Security, : they will still be able to receive a check.
The IRS will begin mailing out checks in early May, based on the last digits of your Social Security number (as they did in 2001). All checks should be distributed by August.
Source
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fuzzysnuggleduck
- Soy Milquetoast
- Posts: 4423
- Joined: Wed Dec 06, 2006 1:08 pm
- Location: The best place on earth
- Contact:
I'm gonna give it to the needy...........
It just so happens that I NEEDY it all...........
It'll be nice to pay off the card after the F&F sale!!!!!!
It just so happens that I NEEDY it all...........
It'll be nice to pay off the card after the F&F sale!!!!!!
Those tender little burgers with them little, itty-bitty grilled onions that just explode in ya mouth like flavor crystals every time you bite into one.. just makes me want to burn this muthafuka down.... Come on, Pookie, let's burn this muthafuka down!!!
