Tax Relief FAQ

by Tyler Osby on March 3, 2008

First off, sorry for the short ‘vacation’.  I’ve been out and sick with the flu for the past week, still recovering as we speak.

Back to tax rebates – as you’ve probably heard, many American’s will be getting a check in the coming months.  Here are the details:

  • Married couples will get as much as $1,200.
  • Singles will get $600.
  • Filers with children under 17 get $300 per child extra.
  • Married couples must make at least $17,500, but no more than $150,000 to qualify for the rebates.
  • Singles must make at least $87,500, but no more than $75,000.
  • Seniors and disabled veterans also qualify using their social security benefits and disability income.
  • You must file a 2007 tax return to qualify for the refund check.
  • You must have a valid social security number to qualify.

If you’d like to figure out how much you should expect for your rebate, check out Kiplinger’s free calculator.

If you need a copy of the tax form to file (even if it’s simply for the purpose of getting the refund) here it is.

Tax season is here.  Keep in mind that your tax refund checks are sent after your taxes are filed.  As always, if you need more about filing taxes – I can recommend a CPA to assist you.

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