Anyone who claimed a child under 17 and was able to take the child credit on the 2002 return is supposedly entitled to a tax rebate. The checks were supposed to start going out last Friday, based on the last four digits of your social security number. There has been some confusion as to who will actually be getting the checks–some people in lower and even middle income range won’t be getting them! At any rate, I was just wondering if anyone had gotten their check yet. It’s $400… and the Bush administration is advising the folks put it into savings, btw. LOL Mine is going to go towards my son’s school supplies, partly at least, and probably the rest to help pay bills.
I did try to do a search to see if this topic had been posted, but couldn’t get a search to work for me.
We got ours last week. I believe they were issuing them by the primary person’s SS# on your last tax return. They didn’t mail the first batch out until last week from what I recall.
Ours will be in the last batch, if they send it - we still owe the balance of our taxes for last year (one more payment, I think) - I don’t know if that affects when’if they send a check.
Hold on a sec - to get it, your kid has to be born after Dec. 31, 1986. We just missed it - so I think I’ll vote for someone besides Bush (actually, I woulda anyway, but it does make me mad that we don’t qualify - he’ll be 17 this year, so why doesn’t he count???)
Ooh, it’s $400/child, I think. No wonder Aries28 is so happy. And just today I received a notice from the IRS that it would be sent “in the next two weeks” - so hopefully it will come on Monday or so ::crosses fingers & knocks on wood three times::
All of my children were born after 86, but we didn’t get this deal last time around and I doubt we will get it this time.
And isn’t it just an advance on your income tax returns?
So when you file you subtract that from what you would get back since you already got it now?
Yeah, my mom and dad got theirs last week. It was just $400, for my brother, because I was born June 10, 1986. Two days later, we got a check that looked exactly the same only it was for $4.32.
Bingo! Because we calculate our payments by the newest tax code available, our “refund” is going to go into our tax account, to be sent right back to the the IRS in the coming quarter.
How do they figure we all need a “rebate” when we haven’t haven’t paid the whole year’s taxes yet?
Oops, maybe it’s not $400/child? What the money actually is, is an advance on the 2003 tax return, I -think-. That’s why your child had to be born after 12/31/1986. ::turning on snark-o-meter here:: You know, only Republicans could think up such a convoluted tax credit!::snark-o-meter off:: What I don’t understand is why the cut-off for claiming a child for this credit is 17, instead of 18?! Does that make sense?!
At any rate, I was just wondering if anyone had gotten their check yet. It’s $400… and the Bush administration is advising the folks put it into savings, btw. LOL Mine is going to go towards my son’s school supplies, partly at least, and probably the rest to help pay bills.
And just today I received a notice from the IRS that it would be sent “in the next two weeks” - so hopefully it will come on Monday or so ::crosses fingers & knocks on wood three times::
