Feature: How much will you get back?
President Bush has signed into law a $165 billion economic stimulus package providing rebate checks to taxpayers. You might receive a check for $300, $600, $1,200, or even more depending on your conditions.
Originally, PBS Newshour provided a calculator to help taxpayers to determine the amount of the rebate, but that calculator has been proven to be faulty. With the help of Consumerism Commentary, they have posted a new calculator, revised several times over the past few days to increase clarity and accuracy. This calculator properly takes into account the information from the bill passed by Congress. However, any information presented should not be considered tax advice.
If you’ve completed your tax return, pull out your 1040 and paste the amounts from the following lines as directed by the tool: 7, 37 and 57. What will you spend all that money on?
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Monday, June 29, 2009 at 5:17 pm
Thanks for posting, I’ll definitely be subscribing to your blog.
Monday, June 29, 2009 at 5:54 pm
Great post, thanx.