roggo wrote:
- quote -

payment on a refundable tax credit for 2008. When any taxpayer
prepares their 2008 taxes they will compute how much of a tax
credit they are entitled to. They then subtract any advance
payment to see if any credit is left. If there is an additional
credit, they get it. If the advance payment was too large, they
do not have to pay it back.

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On Feb 22, 9:29*am, Alan <sfcnm-...[at]yahoo.com> wrote:
- quote -

this year based on the 2007 tax returns as your dependent, that he
will on the 2008 tax return qualify for the rebate if, at that time,
he claims his own exemption, that is if he is no longer your dependent
for 2008 tax year.

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

Billy wrote:
- quote -


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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

I claim my 21 year old son as dependent since he is a full time college
student.

He made $7300 in 2007 as a laborer and filed a return.

Will he be eligible for the tax rebate even though I claimed his a
dependent? ( realize I can't qualify for rebate for him because he is over
17)

thanks

bill

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >