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| There is no "rebate" being offered. There is, however, an advance on the child tax credit which you can read all about by going to www.irs.gov. Most of the checks have already been mailed. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| "Robert11" <rgsrose[at]tiac.net> wrote - quote - > On Bush's tax "rebate":
Either by check or by credit on the 2003 tax return, and in> a. How is it being distributed ? > By check, tax credit of 2003 1040, or... ? some cases, both (poartially by check and partially by credit. - quote - > b. If by check, when are they being distributed, and in what order ?
They should all be out by now, with the exception of latefiled returns. - quote - > c. How is it calculated ?
In general it's based off your 2002 Form 1040. If you had aqualifying child then, you'll get a check (or should have gotten a check). If you have a qualifying child on your 2003 return and didn't get a check, you'll get the full $1000 per child tax credit on the 2003 return. -- Paul A. Thomas, CPA taxman[at]negia.net << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| Hello: Have kind of lost track on what's happening re this: On Bush's tax "rebate": a. How is it being distributed ? By check, tax credit of 2003 1040, or... ? b. If by check, when are they being distributed, and in what order ? c. How is it calculated ? Thanks, Bob << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| bush, distributed, rebate, tax |
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