Friday, August 20, 2010

Would Non Working Spouse Qualify For Rebate ?

MY HUSBAND MAKES $46,000 A YEAR. FOR 2007 I COLLECTED $10,073 UNEMPLOYMENT COMPENSATION ONLY. WOULD I BE ABLE TO COLLECT ON THE REBATE AND IF SO HOW MUCH ? OR AM I OUT OF LUCK ?Would Non Working Spouse Qualify For Rebate ?
re-bait is 1200$ per couple even if one does not work.Would Non Working Spouse Qualify For Rebate ?
Like filing your Federal Income Tax return, it doesn't matter if only one spouse had income if you file jointly.





According to the terms of the Bush/Congressional agreement, you (and your spouse) would receive a tax rebate of $1200.





Nothing has passed Congress yet, so all details are subject to change.
The proposed rebate plan is really quite simple. ALL persons reporting at least $3000 in income receive the minimum $300 rebate.





Single taxpayers who pay more than $300 but less than $600 in 2007 Federal Income Tax receive a rebate equal to the tax paid. Single taxpayers who pay $600 or more in 2007 Federal Income Tax receive a $600 rebate.





Married taxpayers filing jointly who pay who pay more than $300 but less than $1200 in 2007 Federal Income Tax receive a rebate equal to the tax paid. Married taxpayers filing jointly who pay who pay more than $1200 in 2007 Federal Income Tax receive a $1200 rebate.





However, the Senate is currently fiddling with the package so all this may change.
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