Is it true that every working adult who's paying taxes this year will be getting $600 check?
Answers: Individual taxpayers would get up to $600 in rebates, working couples $1,200 and those with children an additional $300 per child under the tentative Tax Rebate agreement between Congressional Democrats and the President.
If you are single and have $3000 in income, according to the current plan, you would receive at least $300.
Nothing has passed Congress yet, so it is subject to change.
This is getting REALLY old!
1. THERE IS NO REBATE YET! Congress has NOT completed work on it and it's nowhere near ready for Bush's signature!
2. If it doesn't exist yet, how can ANYONE answer the question, other than to say, "Who the heck knows??"
Alledgedly..
It has to pass Congress first..
Here's a link with more details: http://money.cnn.com/2008/01/18/news/eco...
if this is passed than as far as i know then yes you will get it...i just asked a question similar to yours...i want to know if u have to have kids and the income brackets for qualification for the tax credit..
they are trying to pass this bill before we file our taxes...hope that helps!
Not yet, but it is possible, if the house and senate agree to it.
$600 due rebate - do they determine if you qualify base on your 2007 toll return, or your 2008 income?
Or maybe even your 2006 income?They right to be heard that you need to own paid income taxes since you can get the full amount, so are they base this on previous returns or your current employment status for 2008?
Answers: It is based on your 2007 levy return. If you made at least $3000 second year in wages, next you are suppose to get at least possible a $300 rebate.
Here is the latest article which explains it pretty resourcefully: http://news.yahoo.com/s/ap/20080124/ap_o...
It would be on 2007 income. Here'a a link beside more info:
http://ap.G00GLE.com/article/ALeqM5h19_Y...
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