Comments on: 2008 Tax Rebate Qualifications

By: wartz

wartz — Sat, 31 May 2008 14:38:17 +0000

You have to file a return, even with zero on it, go get free money. No file, no check!

By: d

Sat, 31 May 2008 14:37:30 +0000

I have heard that some retires are not getting a stimulus check. I was told that it depends on when a person started receiving their social security. Also when I quoted our income, that was a combined social security and retirement from General Motors. Does that make a difference ?

http://www.irs.gov/app/espc/

Go here and fill this out and you will get a more definite answer. Hope it helps.

By: John Scott

John Scott — Sat, 31 May 2008 14:36:38 +0000

I have heard that some retires are not getting a stimulus check. I was told that it depends on when a person started receiving their social security. Also when I quoted our income, that was a combined social security and retirement from General Motors. Does that make a difference ?

You have to have had at least $3000 in qualifying income in 2007. This could be a combination of wages, Social Security (not SSI) benefits, VA benefits, or certain combat zone income. Retirement income is not qualifying, so the person would need to have at least $3000 in SSA benefits.

The other way to qualify is to have at least $8750 in gross income (of all kinds) for a single person and a tax liability.

By: Pat+Stroebel

Pat+Stroebel — Sat, 31 May 2008 05:08:18 +0000

I have heard that some retires are not getting a stimulus check. I was told that it depends on when a person started receiving their social security. Also when I quoted our income, that was a combined social security and retirement from General Motors. Does that make a difference ?

By: Pat Stroebel

Pat Stroebel — Sat, 24 May 2008 19:58:11 +0000

For a retired married couple filing jointly, having a income of $16,994.00 and with Federal Income Tax with held was $ 720.00. We also had a total capital gain of $1329.00. Will we be intitled to a stimulus check? If so how much will it be?

By: Steph T

Steph T — Sat, 10 May 2008 15:32:29 +0000

I’m a poor actor who made less than $20,000 last year. Why did I only get a check for $300. Doesn’t the government think I need money too?If you didn’t pay $600 in tax, you won’t receive $600. It’s that simple.

If you had NO net income tax liability for 2007, you are usually getting a minimum payment of $300 if you are single; and $600 if you are married filing jointly, BUT you had to have income of at least $3,000 in 2007.

Most people with a 2007 net income tax liability will qualify. This includes most people who get tax refunds. Net income tax liability is the amount shown on Form 1040, Line 57 plus the amount on Line 52. For 1040A filers, it is the amount on Line 35 plus the amount on Line 32. For Form 1040EZ filers, it is the amount on Line 10.

Families with children under 17 generally will qualify for an additional payment. Some people with no tax liability also will qualify. This includes Social Security and Railroad Retirement beneficiaries, recipients of certain veterans’ payments, low-income workers with earned income and/or benefits of at least $3,000 and individuals who have combined income of at least $3,000 from any combination of these sources.

Some higher-income taxpayers will not receive a stimulus payment or will receive a reduced payment.

The IRS has a lot of information: IRS. GOV
It includes a calculator to figure your rebate amount