Ok, so who DOESN’T get a rebate?
By far, the most popular questions to “ask the taxgirl” this season have involved the tax rebates. Of those, the most asked is “Do I qualify for a tax rebate?”
To help you figure it out, here is a list of folks who do NOT qualify for a tax rebate:
1, You will NOT qualify for a tax rebate if you don’t file a 2007 tax return.
2, You will NOT qualify for a tax rebate if your net income tax liability is zero and your qualifying income is less than $3,000. Qualifying income includes wages, net self-employment income, nontaxable combat pay, Social Security benefits, certain Railroad Retirement benefits and certain veterans’ payments.
3, You will NOT qualify for a tax rebate if you are can be claimed as a dependent on someone else’s return (so yes, college students still being reported on your parents’ tax return, this means you).
4, You will NOT qualify for a tax rebate if you do not have a valid Social Security Number (if you need more information about how to get one, check here). It’s important to note that ITINs are NOT sufficient.
5, You will NOT qualify for a tax rebate if you are a nonresident alien.
6, You will NOT qualify for a tax rebate if you file any of the following returns: Form 1040NR or Form 1040NR-EZ, Form 1040PR or Form 1040SS.
Keep checking taxgirl.com for more rebate information.
Tags: ask the taxgirl, economic stimulus plan, nonresident aliens, Social-Security, tax rebatesRelated Stories
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22 opinions for Ok, so who DOESN’T get a rebate?
Another Tax Geek
Feb 16, 2008 at 5:53 pm
And most importantly - if you’re solidly middle class, earning in excess of $87K of AGI for singles and $174K for MFJ, you won’t receive a rebate. So those paying the most tax will receive the least, or no, benefit.
The rebate is the dumbest tax provision passed in recent years…
Bridget Wright
Feb 17, 2008 at 4:03 pm
Thanks for clarifying WHO does and does not get a rebate. Imagine folks thinking that they will actually get something…for doing nothing!
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J. Ervin
Apr 1, 2008 at 12:40 pm
don’t even call it a ‘rebate’…it’s a give away for a lot of dead beats that paid nothing so it is not a rebate. if you and your spouse work hard and pay in more & more taxes…you get zero !!
that is thanks to the democrates .
Kelly
Apr 1, 2008 at 1:12 pm
You’re right that it’s not a rebate.
That said, you can’t fully blame the Dems for this mess. The White House and the GOP initially backed a plan that capped the limit MUCH lower than the final plan: http://www.taxgirl.com/deal-reached-on-tax-rebates/
There has never been any question that this is less “economic relief” and more “incumbent press” than anything - on both sides of the aisle.
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Apr 14, 2008 at 5:54 am
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Stephanie in TX
Apr 26, 2008 at 8:13 am
In normal income year, we would have received $2100 from this so called rebate scam. However last year we moved and sold some stock options so we would have some cash to put in a yard, blinds, etc. So guess what, it put us over the $150,000 by quite a bit so we get zero. The dumbest part of this whole equation is that it is figured off of your AGI not what you actually bring home. If that were the case, many more tax payers would qualify. We are middle class w/3 kids, had one unusually good income year, paid taxes in one of the highest tax brackets and suddenly we are rich. We paid taxes on our stock sale at the time of the sale. If you take what’s really brought home from your income after all the taxes, it’s nothing. So again the middle class (oh I’m sorry the filthy rich) get screwed.
lexy
Apr 27, 2008 at 6:25 pm
All this tax rebate is a bunch of bs. I am a single person that pays a crap load of taxes and get not a single penny back. Any why? I put myself through undergrad, took loans out for grad school, received my pharmd. only to pay taxes and taxes. I don’t qualify for student loans tax deduct because I make “too much”. I don’t get a tax rebate because I make “too much”…I makes me ill when I see all these lazyass people that are capable of working do nothing but rely on the federal government, I meant people like me to pay taxes. I should have not gone to college, got knocked up, then I would have the best medical benefits ever (ie. Medicaid), get free foodstamps to eat whatever I want, get on Medicare when I retire. Damn, what was I thinking?
part of the middle class
Apr 28, 2008 at 4:37 pm
For all of you who think that all people getting tax rebates for doing nothing, my husband and I work full time jobs, (he working 2). We are both college graduates and serve our community as well. We have three children and have just as many school loans to pay. We are home owners and don’t qualify for all of the government aid that you have sited. We qualify for the rebate and I am going to spend it happily. Your frustration may be understandable, but your perception of lazy people who don’t work being the only recipients is not only sad, but a very perverted view of the community around you….
Brandy
Apr 29, 2008 at 8:37 am
what if you filed on turbo tax? are you not supposed to get one? cuz turbo tax estimated how much of one we would get. but our money isn’t in the bank yet. we were in the 00-20 category with the SS#s, and we did direct deposit on our tax papers. should our money already be there if we were getting it?
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College Student
Apr 30, 2008 at 11:10 am
I’m going to a University full time to become an Engineer and working full time. I don’t qualify for any subsidized loans and I’m not receiving any help paying for college other than normal student loans. Yet because my parents still claim me I’m not going to get part of this stimulus. If they wanted the money to be spent on consumer products not groceries and gas then I really don’t know why they didn’t give the dependents that are working and making over the $3,000 mark a year some of the stimulus because you know it would more likely be spent on CDs, Phones, Computers, Bowling, Movies, etc. Ya, I’m sure some would spend it on gas, or college, neither of which deserve any of this money, but I’m sure the majority would use it for impulse buying, not bills.
F this
May 1, 2008 at 7:04 pm
F#u^ the goverment! Students don’t get checks, are you FU&KING kidding me! I pay for my school and everything in my life. My mommy and daddy didn’t send me to a far away college paying for my dorm, tutiton, and books, while I didn’t work and got a $500 credit card every month. NO! I work and go to school full time. Sorry for trying to better myself by going to college. The government makes the rich richer and the poor poorer!
F this
May 1, 2008 at 7:08 pm
I should have quit school and have ten kids with ten different baby daddies then I would be making it! Great message for the kids goverment!
F this
May 1, 2008 at 7:12 pm
this pisses me off there are so many lazy as people my age getting it just cuz they aren’t in school
Kelly
May 1, 2008 at 7:16 pm
To clarify, the rebate is not dependent upon your being in school or not.
If you are claimed as a dependent by another person, such as a parent, you are not entitled to the rebate. If you are self-sufficient and are not claimed by any other person and otherwise meet the criteria, you are indeed entitled to a rebate.
kpol325805
May 2, 2008 at 12:53 pm
I’m appalled at some of the nasty and insensitive remarks on this page. Im getting a rebate because Im on Social Security Disability as a result of spina bifida. I get to live on 640.00 a month. If you think I wouldn’t rather be working and paying taxes you’re sadly mistaken.Before you condemn try walking in another person’s shoes
tony
May 3, 2008 at 9:00 pm
If you owe state taxes will you still get a rebate, I dont know if they are connected or not?
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