It’s the End of January. Do You Know Where Your Rebate Data Is?
Posted by admin in Taxes
24Jan
If you didn't qualify for the entire tax rebate the government handed out earlier this year, you may still be eligible to get that money after you file your 2008 return. Especially if you made less in 2008 than you made in 2007.
But you'll have to have our tax rebate data to get the money, according to Yahoo Finance.
Track down your rebate data. Did you get an economic stimulus payment last year? That amount really was an advance credit against your 2008 return. The amount you received in 2008 could affect your 2009 credit claim. If you got less than the maximum amount, which for most employed taxpayers was $600 per single filer ($1,200 for married couples filing jointly), you might be able to claim the rest of it this filing season. All versions of the individual tax return (Forms 1040, 1040A and 1040EZ) have a new line to claim the Recover Rebate Credit. You'll need the statement you got from the IRS in connection with your payment.
US News ran a story almost a year ago on the possibility of getting the rebate when you filed in 2009. So if you didn't get the whole rebate, find those papers…
Photo courtesy of iStockphoto, Image# 3029601
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