Rebate Checks in May?

[Scamp]

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modernsurrender wrote:

If you had to pay taxes to the IRS (send them money) then you'd be eligible for the $600, if you filed and received a refund and made over $3000 you'd get the $300, is the basic concept.  And then the additional 300 per kid.

There's a calculator on the site also

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I'm single, no kids, make WAY over $3,000, filed a return, got a refund - calculator says I'll get $600.00.

[Anonymous]

I'm single, make over 3k, got a refund, and have a child, and it told me 600, either way I'll take whatever I get.

[Anonymous]

woohoo, mine said 600 too!! yippee, I'll send it in and apply to my BOA secured to up my CL, then get it back in 9 mo's. 

[lyssa29]

I'm 29 with 5 kids .... but I don't get one because I make too much?????  Don't I need to spur the economy??  I despise the IRS.  I pay them more than I used to make in a year.......and I don't get my rebates...

[Anonymous]

I got double dinged, didn't pay enough in so I owe them 6K and I don't get the stimulus rebate. I love this country but tired of paying more than my fair share.

[msensa]

We get $1200 deposited on my birthday!!  May 9th!!  Happy birthday to me!  Maybe we'll be closing on our home then, too....

[bsteelhammer]

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@Anonymous wrote:

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@Anonymous wrote:

Is there a good article or site out there that defines what the rebates should be. I keep getting conflicting information, last thing I read said if you were single no kids, you would get $600, but all my friends state $300.

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If you had to pay taxes to the IRS (send them money) then you'd be eligible for the $600, if you filed and received a refund and made over $3000 you'd get the $300, is the basic concept. And then the additional 300 per kid.

There's a calculator on the site also

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This is not entirely accurate. It is very common to receive a refund AND pay taxes. You are refunded the EXCESS tax that was paid throughout the year.

[Anonymous]

Whether you receive an income tax refund this year has absolutely nothing to do with whether you get the stimulus refund.  If you had at least $3000 in earned income or Social Security benefits (but not SSI) in 2007, you are eligible.

[Anonymous]

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masdeocho wrote:

Whether you receive an income tax refund this year has absolutely nothing to do with whether you get the stimulus refund.  If you had at least $3000 in earned income or Social Security benefits (but not SSI) in 2007, you are eligible.

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Just wanted to add......as long as you AREN"T phased out for income being too high.

[Anonymous]

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@bsteelhammer wrote:

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@Anonymous wrote:

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@Anonymous wrote:

Is there a good article or site out there that defines what the rebates should be. I keep getting conflicting information, last thing I read said if you were single no kids, you would get $600, but all my friends state $300.

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If you had to pay taxes to the IRS (send them money) then you'd be eligible for the $600, if you filed and received a refund and made over $3000 you'd get the $300, is the basic concept. And then the additional 300 per kid.

There's a calculator on the site also

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This is not entirely accurate. It is very common to receive a refund AND pay taxes. You are refunded the EXCESS tax that was paid throughout the year.

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 I believe what they meant was when you filed taxes at the end of the year and had to pay in. However, just because you pay in doesn't automatically make you eligible for the $600, the amount you had to pay in is considered also.