Rebate checks in the mail by spring

[Mixxychick23]

It's official we are getting the tax checks it was passed!!

Article below with some info...

http://news.yahoo.com/s/ap/20080213/ap_on_go_pr_wh/economy_stimulus

[Mixxychick23]

I hope no already posted this but I thought it was important and I wasnt sure where is may fit in!

[Mixxychick23]

The check is in the mail

Week
Last 2 digits of your SSN
Receive your check by week of

1
00 - 09
July 23

2
10 - 19
July 30

3
20 - 29
August 6

4
30 - 39
August 13

5
40 - 49
August 20

6
50 - 59
August 27

7
60 - 69
Sept. 3

8
70 - 79
Sept. 10

9
80 - 89
Sept. 17

10
90 - 99
Sept. 24

For married taxpayers who filed a joint return, the first Social Security Number on the return determines the mailing date.Source: Internal Revenue Service








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[majiesto]

Wow, looks like September 24th for me if I even get one...

[Mixxychick23]

http://www.irs.gov/newsroom/article/0,,id=179181,00.html

heres the direct link to the IRS about the stimulus rebate system.

[Mixxychick23]

Yeah I thought I getting $600 but i read this and its only $300:(

[Mixxychick23]

Hmm what will I do with 300 bucks?
OMG that's hella confusing.
i know it is its a pdf and i dont know how to reformat it to post it better? sorry

[Mixxychick23]

Single without Qualifying Children

In most cases, payments will range from $300 to $600 for individuals and $600 to $1200 for joint filers. Taxpayers may receive $300 for each qualifying child. Payments could be less, depending on tax liabilty and Adjusted Gross Income. Phaseout reduction begins at $75,000 for single filers and $150,000 for joint filers.
Examples of how the Economic Stimulus Act of 2008 may affect taxpayers who are single and either childless or do not have children who qualify for the child tax credit:
1) Individual with wages of $4,000, no federal income tax liability.
Individual rebate is $300

2) Individual with no wages, veterans’ payments of $2,000, social security benefits of $2,000, no federal income tax liability.
Individual rebate is $300

3) Individual with no wages, no social security benefits, veterans’ payments of $4,000, no federal income tax liability.
Individual rebate is $300

4) Individual with no wages, no social security benefits, no veterans’ benefits, AGI is $10,000, federal income tax liability is $125.
Individual rebate is $300

5) Individual with AGI is $12,000, federal income tax liability is $325.
Individual rebate is $325

6) Individual with AGI is $35,000, federal income tax liability in excess of $600.
Individual rebate is $600

7) Individual with AGI is $80,000, federal income tax liability in excess of $600.
Individual rebate is $600
Phase out reduction is ($250)
TOTAL is $350

Does this help DB?

[Mixxychick23]

What's a phase out reduction?
? no clue

[Omoge]

check in the mail. sounds good to me....

[rufusgal]

This is a good thing...if and when we get it...don't hold your breath!!:confused:

[SenioRose]

Just in time for my family reunion
______________________
:) Thank-You MixxyChick23 :)

[Mixxychick23]

Just in time for my family reunion

______________________

:) Thank-You MixxyChick23 :)


your welcome? LOL but if it were coming from me I would give way more to single people! LOL