Re: [taxchat] Rebate

The rebate is an "advance" against the 2008 tax return - Its available as part of the 2008 1040.  Go to irs.gov.  You'll find a link to all the rebate details on the home page.

 

Arnie

 

----- Original Message -----

From: iakleincpa

To: taxchat@yahoogroups.com

Sent: 10/18/2008 1:17 AM

Subject: [taxchat] Rebate

I have heard different answers to this question....could someone please
clarify....I was under impression that had to file by 10/15 to get the
stimulus rebate....I had heard that even if you didn't file by 10/15,
you could get credit for the rebate on the 2008 return.

I don't see anything like that.

What maybe I see is that if file by 10/15 timely, and you don't get a
check issued by 12/31/08...then you can take the rebate amount as a
credit on your 2008 return.

Thanks,
Ira

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