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August 29, 2008

Tax Rebate Update

The mass distribution of economic stimulus checks ended July 11. But Uncle Sam is still sending them out.

The Treasury Department this morning said it had issued another 2.404 million payments worth a total of $1.5 billion since July 11. All told, 114.809 million payments worth $93.389 billion have gone out this year.

You must file a 2007 tax return and have at least $3,000 in qualifying income to get a rebate.

If you haven't filed a return yet, you must do so by Oct. 15. If you miss this deadline, you can claim the rebate on next year's returns, but you won't get the benefit of that money until next year, too.

Posted by Eileen Ambrose at 10:21 AM | | Comments (0)
Categories: Tax rebates
        

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