04.29.08

Where’s my $$$ !!!

Posted in Random Thoughts at 4:20 pm by Administrator

So we keep hearing about this extra tax rebate we’re suppose to be getting…what’s the deal?! Here’s some info I found below as we eagerly await our tax check! My bank account needs “stimulating”!

“In the U.S., our legislature has passed an economic stimulus package that includes tax rebates for a huge percentage of American taxpayers. If you have filed your taxes already, you should know if you’re getting it. If not, the basic guidelines are these: If you made over $3,000 and less than $75,000, you get back $600. If you’re married filing jointly, that’s a $150,000 ceiling and you get back $1,200. You get $300 for dependents and if you make over $75,000, you get less (the amount goes down further the more you make).

For those with direct deposit, the rebates start going out on May 2nd (for those with social security numbers ending in 00–20) and will be all done by May 16 (for socials ending in 76–99). If you’re getting a check in the mail, May 16 is when the first checks go out (for socials ending in 00–09) and they keep going out until July 11 (for socials ending in 88–99).

That gets a little bit complicated, but the easy way to say it is: “a big chunk of America is going to get $600 back from the government.” So we’ll run with that nice easy round $600 number. The idea is that it will “stimulate the economy” when you run out and buy stuff with it.”

*Don’t forget to check out www.rebeccaortiz.com!

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