Starting this May, tax rebate checks will be mailed to approximately 117 million middle-and low-income taxpayers as part of the 2008 Economic Stimulus Act.
How Much Will You Get? Qualifying single filers (AGI less than $75,000) will get a rebate of up to $600. Qualifying joint filers (AGI less than $150,000) will get a rebate of up to $1,200, plus $300 per dependent child.
According to the IRS, you must file your 2007 tax return in order to receive your rebate check. more at IRS.gov
Are there any conditions?
* Must file 2007 tax return
* AGI cannot exceed $75K
* Full-time students not eligible
Don't miss out on your 2008 rebate! If you haven't filed your 2007 tax return, prepare and e-file online today! Go to www.taxbrain.com!