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Can you get all your tax rebate back?
NO. There is no way to get a rebate check back for any reason.
Do you have to enter stimulus earnings on tax return?
no. Stimulus payments are not taxable. However there are situations where you might not of gotten enough of a stimulus payment. Therefore you would be qualified for a "Rebate Recovery Credit" with your 08 tax return. Therefore give your tax preparer how much you got for a stimulus payment. You can also find the exact amount at IRS.GOV
What happens to your stimulus rebate if the bank account that your tax refund was credited to is no longer open?
If they are unable to direct deposit it, they will mail you a check.
If federal tax refund is subject to garnishment what about this tax rebate?
I remember in 2001 when they last did this type of rebate check, that part of our check was kept as garnishment for student loan payment. So more then likely they can and will keep this rebate check to offset any federal payment that is due. ------------- For offset purposes, the stimulus payment is treated like any other tax refund. This means that part or all of your payment can be used to pay past-due federal or state income taxes or non-tax federal debt such as student loans and child support.
Will the stimulus apply to 2008 if you didn't file for 2007?
The IRS referred to 2007 tax returns for determining eligibility and the amount of 2008 economic stimulus payments. Eligible individuals were given an extended deadline of October 15, 2008, in which to file their 2007 returns in order to receive 2008 economic stimulus payments. The Recovery Rebate Credit for 2008 tax returns is for people who didn't receive the full economic stimulus payment ($600.00 per taxpayer, $1,200.00 Married Filing Jointly) but who might be eligible now for some or all of the unpaid portion. But if you didn't file a 2007 tax return by October 15, 2008, then you're not eligible for the Recovery Rebate Credit for 2008 tax returns. Recovery Rebate Credits won't be mailed as separate checks, as the 2008 economic stimulus payments were. They'll be added into taxpayers' refunds.
Will you have to pay back this tax rebate?
NO. ACTUALLY YES.. THE REBATE IS BASED ON A ONE-TIME TAX CUT. IT IS ONLY AN ADVANCE ON YOUR 2008 RETURNS. No. The CNN article that made this claim was edited, and no longer mentions the "advance, not rebate" position.
What government entity handles a tax rebate?
Wondering what Government entity handles a tax rebate? A tax rebate is money that is given back. The tax rebate is handled by the IRS government entity.
Income of 23000 how much do I receive for tax stimulus rebate?
Go to the IRS website and use their Economic Stimulus Payment Calculator.
Can you get all your tax rebate back?
NO. There is no way to get a rebate check back for any reason.
You claim your mom as a dependent should she be filing a tax return so she gets her rebate?
If you are claimed as a dependent on someone else's return you are not eligible for a stimulus rebate. When claiming your mother, assuming that she has not had income over $3,400, a stimulus payment adjustment will be made to your tax rebate that will include the payment for her as well. Example: If you and you and a spouse filed, with your mother as a dependent. And your stimulus payment were to be $300 per exemption, you would receive a total of $900.
Do you pay sales tax on the msrp or price after rebates on a car?
You pay sales tax on whatever price is on the title application -- usually before the rebate. If you bought a $10,000 car and got a $1,000 rebate, you pay tax on $10,000 as opposed to $9,000.
Do you have to enter stimulus earnings on tax return?
no. Stimulus payments are not taxable. However there are situations where you might not of gotten enough of a stimulus payment. Therefore you would be qualified for a "Rebate Recovery Credit" with your 08 tax return. Therefore give your tax preparer how much you got for a stimulus payment. You can also find the exact amount at IRS.GOV
If you owe IRS and back child support do yo get the rebate check?
If I owe back child support money, will the IRS hold my refund or delay my refund? Yes. The Bureau of Fiscal Service (BFS) might delay or offset your refund to pay your debt. For child support tax refund concerns, contact your debt agency to determine if it submitted your tax debt for a tax refund debt offset.
Do we pay taxes on 250.00 social security stimulus check?
Not taxable. But the 250 economic recovery rebate amount that you received in the year 2009 from the SSA is reported on the schedule M of the 1040 income tax return.
What happens to your stimulus rebate if the bank account that your tax refund was credited to is no longer open?
If they are unable to direct deposit it, they will mail you a check.
If federal tax refund is subject to garnishment what about this tax rebate?
I remember in 2001 when they last did this type of rebate check, that part of our check was kept as garnishment for student loan payment. So more then likely they can and will keep this rebate check to offset any federal payment that is due. ------------- For offset purposes, the stimulus payment is treated like any other tax refund. This means that part or all of your payment can be used to pay past-due federal or state income taxes or non-tax federal debt such as student loans and child support.
Will the stimulus apply to 2008 if you didn't file for 2007?
The IRS referred to 2007 tax returns for determining eligibility and the amount of 2008 economic stimulus payments. Eligible individuals were given an extended deadline of October 15, 2008, in which to file their 2007 returns in order to receive 2008 economic stimulus payments. The Recovery Rebate Credit for 2008 tax returns is for people who didn't receive the full economic stimulus payment ($600.00 per taxpayer, $1,200.00 Married Filing Jointly) but who might be eligible now for some or all of the unpaid portion. But if you didn't file a 2007 tax return by October 15, 2008, then you're not eligible for the Recovery Rebate Credit for 2008 tax returns. Recovery Rebate Credits won't be mailed as separate checks, as the 2008 economic stimulus payments were. They'll be added into taxpayers' refunds.
