Economic Stimulus Package
- Thread starter rba718
- Start date
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you can calculate how much you get back on irs.gov but whos done that? i havent! i should receive mine by this friday and im most likely gonna spend it on a black aro.
either made too much, not enough, or was claimed as a dependantrba718;1771828;1771828 said:Why not?
no the cutoff for the rebate is $75k if i remember correctly. either that or they start to phase it out after $75k. and no, if you were claimed as a dependant, the IRS wont be sending you any money. Sad but true
http://www.irs.gov/newsroom/article/0,,id=179211,00.html
Are you eligible? The vast majority of people who file a 2007 income tax return qualify, and many who don't regularly file a tax return may qualify as well. You're eligible if you have a valid Social Security Number (SSN), can't be claimed as a dependent on a tax return and have either an income tax liability or "qualifying income" of at least $3,000. Qualifying income includes any combination of earned income and certain benefits from Social Security, Veterans Affairs or Railroad Retirement. Additional information is below, and a full legal description is available in Revenue Procedure 2008-21.
Are you eligible? The vast majority of people who file a 2007 income tax return qualify, and many who don't regularly file a tax return may qualify as well. You're eligible if you have a valid Social Security Number (SSN), can't be claimed as a dependent on a tax return and have either an income tax liability or "qualifying income" of at least $3,000. Qualifying income includes any combination of earned income and certain benefits from Social Security, Veterans Affairs or Railroad Retirement. Additional information is below, and a full legal description is available in Revenue Procedure 2008-21.