The definition of "working couple"?
"Individual taxpayers would get up to $600 within rebates, WORKING COUPLES $1,200 and those near children an additional $300 per child under"is "working couple" mode both me and my wife must be employed (earned income) I filed reciprocal return with my wife, but just i have income (my wife is a home maker), is that method i could only seize $600 max. or still $1200
Answers: The language ("working couples") on the White House website concerning the proposed rebate is poorly chosen. It would own been more accurate to state "married couples file jointly". The amount of the proposed rebate depends on the amount of your 2007 Federal Income Tax liability. It does not matter that with the sole purpose one spouse had income.
Under the lingo of the tax rebate bill passed by the House, you would be eligible to receive a rebate of up to $1200 if you rewarded that much in Federal Income Tax. If you simply paid $750 within taxes (less than the $1200 rebate limit), you only attain back $750.
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Nothing has passed Congress nonetheless, so all details are subject to adjust.
Believe me if she is a home maker she is working so the answer is $1200 as long as you enjoy earned income and file jointly.
Where i can find my gross income bebore taxes?
In my W2or my form 1040
Does is the box in my W2 that say "Wages tips compesation"
Answers: Yes-box 1
In your W2 and on your check stubs.
If you owe back taxes, will you get the bush tax rebate?
Answers: Yes and the rebate has nothing to do with your 2007 income tax return.
It depends on whom you owe the taxes to and how much you owe. If you owe state taxes you will get the rebate in full. If you owe federal taxes in excess of the rebate amount the entire rebate will be applied to you debt. If you owe the federal government less that the rebate you are qualified for you will receive a check for the difference.