"The checks aren't in the mail, but they will be soon. President Bush signed legislation Wednesday to rush rebates ranging from $300 to $1,200 to millions of people, the centerpiece of government efforts to brace the wobbly economy. First, though, you must file your 2007 tax return."
Read the rest of the story
Jingle bells, Jingle bells, Saving all the way...Oh what fun it is to have a frugal Christmas day!
We'll get $3,000-
another credit card paid off, potentially, although I think at that point we will need it for living expenses-
How much will you get from Uncle Sam?
Okay, I got as far as "tax liability amount". What figure goes there off my 1040?? Liz
I think it's the amount on line 44 of the 1040.
Thanks, Brandy. I had input a wrong figure near the beginning, so it wasn't taking the rest. Looks like we'll get $1800.00. Nothing for the working kids, though, since they were claimed as dependents, even tho our older dd22 is nearly full time at her job...thanks for posting the article and calculator! Liz ETA: Whoa, don't know why my post is 'boxed'...
Thanks, Brandy. I had input a wrong figure near the beginning, so it wasn't taking the rest. Looks like we'll get $1800.00. Nothing for the working kids, though, since they were claimed as dependents, even tho our older dd22 is nearly full time at her job...thanks for posting the article and calculator! Liz
ETA: Whoa, don't know why my post is 'boxed'...
I think we will get $2400. Planning on getting new tires and brakes, setting aside some cash for garage sale season and putting the rest towards debt. The garage sale season cash will go towards clothing for the year and hopefully a few items of my wishlist.
WE will get $1500. $150. will go for tithe to church. Then the rest will go in saving. Babs
I wonder if my daughter will get a rebate. She is only seventeen but she filed taxes on her own and we did not take her as a dependent so that she would not have to owe more in taxes.
Brandy, I would think so. I hope my 19 year old gets it. I would think if they are working legally and not claimed on anyone else that they would get it. Babs