What Women Should Know About Economic Stimulus Payments - Tax Rebate Checks
 © Linda Lowen for About.com |
About.com's Tax Planning Guide William Perez has a nice, simple, easy-to-understand fact sheet that explains how your rebate will be calculated, how you'll get the money and what you need to do to ensure the right amount comes to you. The maximum you could see from the stimulus rebate payment is $600 for unmarried persons and $1,200 for married couples, plus an additional $300 per qualifying child.
If you're a mother with children younger than age 17, pay attention to that phrase 'qualifying child.' (And sorry, but dependents age 17 and older don't qualify.)
According to Robert Longley, About.com's U.S. Government Info Guide, "dependent children, including newborns, must have a Social Security number in order to qualify for the additional $300 per child tax rebate." Robert's got great advice on when's the best time to get your child's Social Security number if you haven't already obtained it, including how you can avoid delays of up to twelve weeks, and why applying before your child reaches age 12 will save you a whole lot of extra steps later on.
Here's what you need to know:
Comments
if you owe any money for detis do you take them from rebate.if child just turned 17 this year there still not qualifiy
do social securtiy people get rebate check for no cause or do you have to did taxes.
My daughter just turned 18 in January 2008. Since she was 17 in 2007 does she still qualify for the $300 child rebate?
If you follow the two links at the bottom of the post, you’ll find info that will help you come to the same conclusion as I have - if your child turned 17 this year (2008), you’re still eligible as the rebate is based on the tax info you file for 2007. The dependent child cannot be older than 16 in the calendar year 2007.
I am still really confused as to whether my 2 children are entitled to the rebate. I used the IRS site calculator to fugure out my rebate and the kids don’t come into the equation. There is no way I made over the limit last year. Some websites say differently. Anyone out there know where they draw the line for the child rebate? I can’t seem to figure it out.
Since when is a 17 year old still not as much a valid dependant as a 16 year old?? That is crazy!
my husband and i filed joinly but i made the money, would the money come under my ssn or his? that is where i am confused. thanks
So I am single mother of 3 teenage girls all of whom I have supported by myself for the last 18 years and claim them all as dependents and help 2 of them pay for college.. All 3 of them are 18 or under and my youngest turned 17 on Dec 17th and I make over the limit so in reality I will get a check for about 49 bucks.. wow how is that fair.. my loser ex husband will get a check for $600 bucks because he cant hold down a job.. Great motivator Bush!! and the Fact that I have to pay taxes every year.. boy I really feel supported by my government..
i dont understand .how about you filed joint and you didnt make that much but your spouse did ,how much would you get back.
i qualify for the 600 and have a two year old son so he qualifies for the 300. i recieved the payment but only got 600… do they do it in two payments or am i just going to get the 600?
i was wondering since my husband and i filed together under his social does the checks go to him? includeing my sons?
I claimed my oldest daughter on my 2007 Federal Income tax who turned 21 in Dec 2007 and was a college student with a part time job. She filled out her taxes and indicated she was claimed as my dependent.
Note: She received a federal income tax refund. She started working full time in 2008 and no longer a student.
Will I receive $300 for her with my 2007 rebate check or will she receive her own rebate check this year?
I am a single mon with children aged 13 and 17. I know the 17 yr old does not qualify. However I work for myself and even with my low income I did not qualify per the IRS website after putting in my social security#. The reason being my qualifying income. Although I understand and my taxes are filed and I received a small income tax refund one would safely assume that low income families would be able to qualify.Not so. Just though I would share
Where is the justice in not allowing my 17 Yr. old son to qualify for the 300.00?? Oh Bush has his many duplicitious ways. Fear is all he and his administration send out. But hope is with the next election and it won’t be the greedy and war-mongering republicans!
The “Blame Bush” comments are amusing considering he was not the one who approved this law. I believe congress did, which includes Democrats, Independents and the “evil republicans” This is a really great plan for quite a few families. I do not agree with the age of 17 being left out for the simple fact all 4 of our children have birthdays in November and they are forced to start school a year later, Which means they are still in High School at age 17 and dependent upon us for their well being.
I am an evil republican that served in the army, was a single mom at one point in my life with a deadbeat ex-husband that still has not paid one cent in child support in 16 years, and I am not bitter. Some of our children qualify, and some dont. I am ok with that… why complain about getting a few free dollars handed your way? After all just a few short years ago the democrats were trying to keep the tax money of many taxpayers that overpaid money that they earned…was a big mess and I personally do not have a problem with this plan
I find it hard to believe that a woman that is widowed and has a dependent child that is over the age of 17 and putting them thru college by herself would not qualify for the $300 tax rebate. Did the government forget about them ?????? I think it is time for some changes.