Tax Rebate Maximum

Milehimama · 04-25-2008, 06:52 AM

News coverage today says that the IRS will start direct depositing the tax rebate checks on Monday, and checks will start mailing on May 9.

But the story says the rebates range from $300-$1200.

As I understand it, it is $600 per person, and an additional $300 per child.

I have 7 dependent children, and we are married filing jointly.

Can I expect $3300? $1200? Is there a maximum amount to be returned? Does anyone know?

gtwise · 04-25-2008, 07:16 AM

There is a stimulus calculator on the IRS website: http://www.irs.gov/app/espc/

starshard0 · 04-25-2008, 08:29 AM

Thanks for the calculator link!

khorrell · 05-13-2008, 09:51 AM

Milehimama, I imagine that you've already figured this out, but from my calculations you should receive $3300. We have four kids so I was doing the math too!

P.S. Visited your site recently and love it!

04-25-2008, 06:52 AM	#1
Milehimama Senior Member Join Date: Jan 2008 Posts: 116 Reputation: (13)	Tax Rebate Maximum News coverage today says that the IRS will start direct depositing the tax rebate checks on Monday, and checks will start mailing on May 9. But the story says the rebates range from $300-$1200. As I understand it, it is $600 per person, and an additional $300 per child. I have 7 dependent children, and we are married filing jointly. Can I expect $3300? $1200? Is there a maximum amount to be returned? Does anyone know? __________________ www.milehimama.blogspot.com

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04-25-2008, 07:16 AM	#2
gtwise Member Join Date: Jan 2008 Posts: 45 Reputation: (14)	There is a stimulus calculator on the IRS website: http://www.irs.gov/app/espc/

04-25-2008, 08:29 AM	#3
starshard0 Member Join Date: Apr 2008 Location: Monterey, CA Posts: 96 Reputation: (10)	Thanks for the calculator link!

05-13-2008, 09:51 AM	#4
khorrell Senior Member Join Date: Jan 2008 Posts: 374 Reputation: (45)	Milehimama, I imagine that you've already figured this out, but from my calculations you should receive $3300. We have four kids so I was doing the math too! P.S. Visited your site recently and love it!