<p>OK…according to what I just read, workers who earned over $3000 but who don’t have to pay taxes will get a $300 rebate. Does this mean my kids (who both earned about $4000 but don’t have to pay any taxes…in fact, I’m not sure they even have to file as no taxes were even taken OUT of their pay) are eligible to get $300 back.</p>
<p>Hmmm.</p>
<p>If they havn’t filed (and they should), they would not get a “rebate”. Same as if they had paid the lion’s share of income tax: NADA!</p>
<p>I wondered the same thing for my son, who did have withholding taken out of his checks. Of course if they are trying to stimulate the economy, college kids can spend with the best of them. Hope the brew and the books are US products!</p>
<p>So I guess this means they can freefile…and be eligible for the rebate??? Does that make sense? Eligibility for the rebate would be their only reason for filing. No withholding taken out of checks for either.</p>
<p>I think if they received a W2 they may be in the “system” and may get the freebie without filing.</p>
<p>Oh Dtex…how will we find that out???</p>
<p>If your kids’ earnings were received from an employer, as opposed to the kids being self employed (i.e mowing lawns, etc) the employer is , I think, required to issue them a W2 by Jan 31. The can just call the employer. If you mean how can you find out for sure if they will get a check from the government, that I can’t tell you, and this just about exhausts what little knowledge I have on this subject. Good luck!</p>
<p>Oh I KNOW the kids got W-2 forms (those are here)…I’m wondering if they have to file returns…as they had no withholding taken out. They WILL FILE if they are going to get $300 back. They won’t if they aren’t.</p>
<p>From what I understand you have to earn at least $3000 through a job and you will get at least $300 even if you did not pay any tax. If you paid tax you can get up to $600 tax back. (single person). There are uppercut of levels also.</p>
<p>My freshman daughter just misses the cut off :(. And she actually paid some taxes because of taxable scholarships/grants. Ok not much tax but still.</p>
<p>My son should get it :). And he will not have paid taxes because he is claiming the hope tax credit.</p>
<p>Weird.</p>
<p>She would save it. He will spend it.</p>
<p>I was really wondering about this, because both my kids made over $3000.00 and the thing I was wondering about is will they get the rebate if they are claimed as a dependent on someone else’s return? Additionally, it states people get an additional $300 for each child. Is that each child under 16? Because that is when the child tax credit stops. It just doesn’t seem to make sense to me that they would get it and then I would get an additional $300 for each child. I am assuming the child stops at age 16. Anyone else?</p>
<p>Then I’ll update my TurboTax and hope for the best. I’m easily confused these days.</p>
<p>I’ve been thinking on what would be the best way to spend this future dollar that would stimulate and maintain W’s conservative, policies.</p>
<ol>
<li>Flat Screen TV? Made and Designed in China.</li>
<li>Computer? Made and Designed in China. Although the microprocessor could have been made in Ireland (?)</li>
<li>New Decking? But lumber from Canada.</li>
<li>New Siding? Cement made in Mexico.</li>
<li>New Car? Made in Japan.</li>
<li>New coat? What do I do with the old one, made in Haiti?</li>
<li>Few cases of Oregon pinot noir, pinot gris, chardonney? But I’m D,type II .</li>
<li>Diamond for W? She would need stonger glasses.</li>
<li>Gold jewlery? Already exceeds the expected rebate.</li>
<li>Pay off kid’s student loan? Its only ~4% We got it at the interest rate low point in 2005. (eat your hearts out).</li>
<li>Take a drive vacation? Oil from Iran. </li>
<li>Fly somewhere? Oil from Russia.</li>
<li>Train somewhere? Never get there. </li>
<li>More barbecues? All the grain is going to alcohol, that you can’t drink. </li>
<li>Donate to church? Too many pastors building castles and escapades. </li>
<li>Donate to college? We were 100% EFC. </li>
</ol>
<p>gotta to check the glue.</p>
<p>12.</p>
<ol>
<li>Retirement plan? Lost a BUNCH already.</li>
<li>CD’s? Bank made all those subprime loans, even though they had the name “mutual” , which meant that I was supposed to be part of the greater good–NOT. </li>
<li>Refund back to IRS? I may be stupid but I not an w “idiot”.</li>
<li>More CF lights? Already got a surplus and now replacing the ballasted fluorescent in the kitchen. </li>
<li>CD’s? Still have tapes and records. </li>
</ol>
<p>help me out gang.</p>
<p>TOM: Gov Spitzer of NY already has his hand out for our rebate (and more) so I’m not counting on anything in the long run…</p>
<p>[Rebates</a> could be in your hands by May - Yahoo! News](<a href=“http://news.yahoo.com/s/ap/20080126/ap_on_go_co/stimulus_rebate_3]Rebates”>http://news.yahoo.com/s/ap/20080126/ap_on_go_co/stimulus_rebate_3)</p>
<p>here’s something that people here have been wondering about:</p>
<p>People who do not make enough to pay taxes but had at least $3,000 in earned income would get $300. Those earning less than that would be disqualified, as would the wealthiest. Older people living solely off Social Security checks would not get the rebate.</p>
<p>hold off the the certificates of deposits.</p>
<p>The rates have dropped significantly in the past week or so.</p>
<p>“as would the wealthiest” </p>
<p>i.e Bill Gates and everyone earning greater than $75,000 /year (wealthy?)</p>