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Re: So what are you going to spend your tax rebate on?
Posted by Blu-ize
is the rebate taxed?
I haven't looked into this yet.
If it is, I'll buy a cup of coffee..and maybe a scone.
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Posted 1/24/08 8:30 PM |
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CunningOne
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Member since 5/05 26975 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
Sorry, I mis-read, thought it was tax return. I don't think we qualify for the rebate
Message edited 1/24/2008 8:58:36 PM.
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Posted 1/24/08 8:37 PM |
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pmpkn087
Life is good...
Member since 9/05 18504 total posts
Name: Stephanie
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Re: So what are you going to spend your tax rebate on?
Posted by Ophelia
Posted by Blu-ize
If it is, I'll buy a cup of coffee..and maybe a scone.
if you go to Starbucks, it'll be just the scone!
eta: this is weird...it says checks are in the mail but it's a tentative deal.
and the joint salary is capped at $150,000
It hasn't been signed yet.
Where does it say check is in the mail?
Checks could be in taxpayer mailboxes by June, according to an Associated Press report.
also, I read somewhere else that after $150,000 per couple, there is still a rebate, but it decreases. I'll try to find that.
ETS: found the other article and this is what it says:
The rebates would phase out gradually for individuals whose adjusted gross income exceeds $75,000 and for couples with incomes above $150,000. Contributions to IRA and 401(k) retirement accounts and health savings accounts would not count toward the income limit.
Here is the link to the article. HTH LINKY
Message edited 1/24/2008 8:52:32 PM.
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Posted 1/24/08 8:49 PM |
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Tine73
Member since 3/06 22093 total posts
Name: *********
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Re: So what are you going to spend your tax rebate on?
unfortunately we do not qualify I was soo looking forward to it!
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Posted 1/24/08 8:52 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name: Susan
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Re: So what are you going to spend your tax rebate on?
I was also hoping that they would extend unemployment claims as well. The Dems wanted it but it didn't pass.
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Posted 1/24/08 8:53 PM |
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CCMommy
EVERYTHING CHANGES
Member since 12/07 2528 total posts
Name: CC's Mommy
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Re: So what are you going to spend your tax rebate on?
I read the article but am still a little unclear.. they are sending this to everyone?
It isn't definite or it is?
I WANT AN ELLIPTICAL MACHINE!!!
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Posted 1/24/08 8:54 PM |
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pmpkn087
Life is good...
Member since 9/05 18504 total posts
Name: Stephanie
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Re: So what are you going to spend your tax rebate on?
Posted by CCMommy
I read the article but am still a little unclear.. they are sending this to everyone?
It isn't definite or it is?
I WANT AN ELLIPTICAL MACHINE!!!
It has not been approved yet. Yes, if you make the amount of money in the category then you will get the rebate.
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Posted 1/24/08 8:56 PM |
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lvdolphins
My Loves!
Member since 5/05 46292 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
I told DH we are using it for the house.
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Posted 1/24/08 8:58 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name: Susan
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Re: So what are you going to spend your tax rebate on?
Posted by Tine73
unfortunately we do not qualify I was soo looking forward to it!
yeah because if you make $150K you are considered rich...right...rich..that's a laugh.
maybe $150k not in LI or NYC.
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Posted 1/24/08 9:00 PM |
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MrsPJB2007
MBA at your service!
Member since 7/06 12020 total posts
Name: MJ
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Re: So what are you going to spend your tax rebate on?
bills bills bills
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Posted 1/24/08 9:06 PM |
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tiki03
*************
Member since 9/05 8660 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
When are they being mailed out? I thought I read somewhere at the end of June or July.
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Posted 1/24/08 9:07 PM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name: Meaghan
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Re: So what are you going to spend your tax rebate on?
either something for the house, student loans, or savings!
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Posted 1/24/08 9:12 PM |
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Deedlebugs
Blessed
Member since 12/05 10281 total posts
Name: Kiki
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Re: So what are you going to spend your tax rebate on?
a new plasma tv
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Posted 1/24/08 9:15 PM |
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VickiC
Rocking the party
Member since 5/05 4937 total posts
Name: Vicki
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Re: So what are you going to spend your tax rebate on?
Definitely for the house. We need a new washer/dryer or some yard work by the time the check actually gets to us.
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Posted 1/24/08 9:18 PM |
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KPsquared
Member since 5/05 4663 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
Definitely a nice trip.
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Posted 1/24/08 9:18 PM |
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Goldi0218
My miracles!
Member since 12/05 23902 total posts
Name: Leslie
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Re: So what are you going to spend your tax rebate on?
Posted by Deedlebug126
a new plasma tv
Ditto
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Posted 1/24/08 9:29 PM |
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Salason
♥
Member since 6/05 9878 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
Posted by Blu-ize
Posted by Tine73
unfortunately we do not qualify I was soo looking forward to it!
yeah because if you make $150K you are considered rich...right...rich..that's a laugh.
maybe $150k not in LI or NYC.
Seriously! No rebate for us either
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Posted 1/24/08 9:30 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name: Susan
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Re: So what are you going to spend your tax rebate on?
Posted by Salason
Posted by Blu-ize
Posted by Tine73
unfortunately we do not qualify I was soo looking forward to it!
yeah because if you make $150K you are considered rich...right...rich..that's a laugh.
maybe $150k not in LI or NYC.
Seriously! No rebate for us either
well, if it's only based on taxable income, maybe we'll make it. I have to read more on this.
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Posted 1/24/08 9:31 PM |
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MrsRbk
<3 <3 <3 <3
Member since 1/06 19197 total posts
Name: Michelle
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Re: So what are you going to spend your tax rebate on?
Unfortunately we do not qualify.
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Posted 1/24/08 9:33 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name: Beth
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Re: So what are you going to spend your tax rebate on?
well, if it's only based on taxable income, maybe we'll make it. I have to read more on this.
I was considering what we actual claim after write offs
not actual income??
is that right???
DH is 1099 so we write alot off
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Posted 1/24/08 9:39 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name: Susan
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Re: So what are you going to spend your tax rebate on?
Posted by Beth1210
well, if it's only based on taxable income, maybe we'll make it. I have to read more on this.
I was considering what we actual claim after write offs
not actual income??
is that right???
DH is 1099 so we write alot off
could be. I'm just thinking about what we defer to retirement accounts. I have to get more info. If it passes I'll call my accountant.
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Posted 1/24/08 9:40 PM |
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Samlove
Member since 5/05 4729 total posts
Name: Shari
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Re: So what are you going to spend your tax rebate on?
Day camp for my son
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Posted 1/24/08 9:41 PM |
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shell
:-)
Member since 6/06 2988 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
Savings!!
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Posted 1/24/08 9:50 PM |
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LJSMommy
Love him!
Member since 10/07 3189 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
$$$$$ in the bank for my maternity leave to pay the mortgage when or gets here!
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Posted 1/24/08 10:11 PM |
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moonlithaze
LIF Adolescent
Member since 5/06 667 total posts
Name:
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Re: So what are you going to spend your tax rebate on?
Putting it right toward the wedding. Couldn't come at a better time!
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Posted 1/24/08 11:02 PM |
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