Posts tagged as:

tax rebates

A refund? What are you spending it on?

11 April 2008

Thirty-five percent of taxpayers who expect to receive a tax rebate this year plan to use the money to pay utility, credit card, housing or other bills. This is according to an AP/AOL Money & Finance poll. Those numbers are up a few points from the twenty-seven percent who made the same statements a year [...]

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Tax Rebate Super Bowl Commercial Contest

31 March 2008

In consideration of the news that it’s costing us as much to promote and process the rebate checks as the combined Super Bowl advertising budget for the Patriots-Giants game, I’m launching a contest! Your challenge is to promote the economic stimulus plan via print, podcast or video. You can be as serious or as cheeky [...]

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Ask the taxgirl: Liabilities and Rebates

26 March 2008

Taxpayer asks: If you owe the unemployment office 1500.00 of being over charged benefits do I still qualify for the check or do they keep my money? Taxgirl says: Unemployment is a state obligation unrelated to income tax. It is my understanding that your check can be reduced for federal or state income taxes or [...]

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IRS Announces Order of Rebate Checks

18 March 2008

My inbox has been filled with folks wanting to know when the IRS would begin mailing rebate checks and how the order would be determined. Well, wait no more. The IRS has released a statement explaining the order of the rebate checks. The order is as follows: Remember that this schedule is based on timely [...]

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How Much is Your Rebate Check? IRS Shows You.

18 March 2008

“How much am I getting?” That seems to be a popular question as it relates to rebate checks. If you want to know in advance, you can check out the “Economic Stimulus Payment Calculator” on the IRS web site. How does it work? You must answer a series of questions on the web which the [...]

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Burning A Hole in My Fake Pocket: Rebate Meme

16 March 2008

Jennifer, over at My Organized Biz, tagged me for a meme about rebates. She asks: 1, If you could do whatever you wanted, how would YOU spend your $600? 2, Is that the same or different from how you actually plan spend it? We’re *lucky* in that the government has decided, in its ridiculously inefficient [...]

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Ask the taxgirl: Taxable Income and Rebates

26 February 2008

Taxpayer asks: Since whoever has earning in excess of $87K of AGI for singles ($174K married), they don’t qualify for rebate check. Here is the question: 2007 AGI? or 2006 AGI? (in other words, in my situation, my 2006 AGI is way less than 87K, and 2007 AGI is way more than 87$)? so do [...]

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Ask the taxgirl: Amended Returns and Rebate Checks

26 February 2008

Taxpayer asks: A taxpayer with 9 children didn’t list them all on the ’07 return because they were not all required to obtain the maximum refund, but now wishes to file an amended return, since the number of children affect the amount of the rebate. Will the amended return produce the desired effect – i.e. [...]

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Ask the taxgirl: Effect of extensions on rebate checks

26 February 2008

Taxpayer asks: I understand that one must file a tax return in order to get the upcoming tax rebate. What is the effect on the tax rebate of filing an extension and completing the return by the October deadline? Taxgirl says: Checks will be mailed beginning in May for taxpayers who timely file their tax [...]

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Money for Nothing and Your Checks For Free: Is There Something More to Tax Rebates?

24 February 2008

It sounds almost too good to be true, no? Just for filing a tax return, our government will hand over a check to you. It is, after all, merely a means of getting money into the hands of everyday Americans to stimulate the economy. Right? I received an email over the weekend with one simple [...]

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