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Old 02-14-2008, 07:49 PM   #11
camper camper is offline
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Quote:
Originally Posted by Cory108 View Post
If you got a tax refund last year, you get $300. $600 if you are married and $300 for every kid.

If you paid taxes last year, you get $600 and $1200 if you are married plus $300 for every kid.
No....that isn't right at all.

If don't pay taxes but earn at least 3k (unemployment, welfare, etc) you get $300. If you make between 3k and 75k, you get $600. Married couples get $1,200 if they earn below 150k combined. If you make over 75k single or 150k married, you get a lowered amount. (5% per 1k over 75k/150k). If you have kids, you get $300 per kid. That decrease applies even if you have kids, so if you make over 200k together and still have 4 kids you'll get nothing since the 5% per 1k exceeds the total amount of the rebate.

Quote:
Originally Posted by krazeyeyez View Post
what does that mean exactly i will be doing my taxes soon because i want my refund, or do you mean that i will get this money and if i don't work THIS YEAR then i will owe it back?
They're basing this off of the 2007 return you file. Don't file a return, you get nothing until you do. If you've already filed, you've done everything you need to do.

And this money is in addition to any refund you might be getting, or additional taxes you might have to pay.

As for the original question, we'll probably buy at least a few blu's, but most will go towards debt or pre-paying certain expenses.

~Camper
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