Rebate Checks
 

What do you guys plan to do with your tax rebate check? If you're not getting one are you bitter?

Re: Rebate Checks
 

If you're not getting one you either don't really pay taxes to begin with or you make so much that even the wealthy-loving Federal govt can't see giving you any more dinero. In either case, you shouldn't be bitter.

I'm going to pay off a credit card with mine. Which is pretty much exactly the opposite of the intent.

Re: Rebate Checks
 

Bills. The money always goes to bills.

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[QUOTE=BleedBurgundy;445675]If you're not getting one you either don't really pay taxes to begin with or you make so much that even the wealthy-loving Federal govt can't see giving you any more dinero. In either case, you shouldn't be bitter.

I'm going to pay off a credit card with mine. Which is pretty much exactly the opposite of the intent.[/QUOTE]

Me too, its going to pay for the stuff I bought from Redskins.com last weekend & my Capital One Bill...anything is left I'll go golfing...

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It's paying for a small bit of my college classes this summer.

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I'm going to upgrade my kitchen appliances. Obviously the check won't pay for all of it but it will take care of a nice chunk.

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Going to remodel my kitchen (it's small and mostly entails a couple cabinets and knocking out a wall). Going to be doing it myself except for the plumbing (which eats up about a third of the check). Couple of new cabinets, new countertop and tons and tons of elbow grease. Probably going to exceed the rebate but not by a whole lot.

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And, since most of the remodel is for my wife's new busines, I am going to write a good portion of the expense off. :)

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I recently gutted a bathroom. it will pay for some of the un-gutting process

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Mine is going into my kitchen re-modeling fund. I can't wait to get rid of these cabinets and appliances. We bought a foreclosure/fixer upper five years ago and we've basically built a whole new house. The kitchen re-model is the last project and should be done in next few months. Hallelujah!

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Paying off the car. That'll open up a good bit of money each month to help me get outta' this town!

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This will cover most of my rent for May.
I don't plan on buying anything that I wouldn't normally.

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:food-smilI thought I would spend mine on strippers and booze... that way it can then help the entertainers with their spending also.:FIREdevil

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I'm saving it. Gotta add to the rainy day fund.

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[quote=Schneed10;445743]I'm saving it. Gotta add to the rainy day fund.[/quote]

Saving is anti-american. dubya wants to you spend that!

Do you hate the troops?

;)

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Who would have thought Schneed............hates the troops!

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[quote=Mattyk72;445744]Saving is anti-american. dubya wants to you spend that!

Do you hate the troops?

;)[/quote]

LOL

It was a close call between saving it or buying armor piercing rounds for the terrorists.

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New dinette set and a new mattress set. Kid's getting her share thrown into an ING Savings account, and the leftover will help put gasoline in the goddamn cars!

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I'm not getting one and I'm bitter. If I were getting one it would have payed for a new GPS system to replace my stolen GPS.

[quote][URL="http://www.irs.gov/app/espc/start.do"]Economic Stimulus Payment Calculator[/URL]
You do not qualify for an economic stimulus payment

According to law, the economic stimulus payment amount that you would otherwise be entitled to receive is reduced by 5% of the amount that your Tax Year 2007 Adjusted Gross Income exceeds $75,000. You would have been eligible for an economic stimulus payment of $600, but your AGI exceeds $75,000 by enough to reduce that amount to [B]zero[/B].

However, if your situation changes during 2008, you may be able to claim an economic stimulus credit on your Tax Year 2008 return.
[/quote]

Re: Rebate Checks
 

I'm getting $600, and I plan on buying some summer clothes. I need some shorts and golf shirts. I'll probably spend half of it and throw the other half into savings. I heard this morning on CNN that the first people to receive the rebates are those who used direct deposit when filing their tax return. I used direct deposit, but it was through TurboTax. Does anyone know if that counts, or does it have to be direct deposit used straight through ww.irs.gov??

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I'm going to trade my ps2 for a ps3. On the other hand I know the need to be responsible, so I'll probably save at least $10 or $20 of it.;)

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I'm not getting one and I'm bitter. Not towards the government, but towards my mother.

She intends on claiming me until I finish college and thus, no rebate check for me. :(

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[QUOTE=DynamiteRave;445783]I'm not getting one and I'm bitter. Not towards the government, but towards my mother.

She intends on claiming me until I finish college and thus, no rebate check for me. :([/QUOTE]

Yeah so is she really over 50% supporting you? If not you can just file and she can pay the consequences of claiming you.

Re: Rebate Checks
 

[QUOTE=saden1;445751]I'm not getting one and I'm bitter. If I were getting one it would have payed for a new GPS system to replace my stolen GPS.[/QUOTE]

What do you make per year that you get nothing? if you don't want to / can't answer it's cool...

Re: Rebate Checks
 

[quote=BleedBurgundy;445787]What do you make per year that you get nothing? if you don't want to / can't answer it's cool...[/quote]

Enough not to get a rebate check and not enough to be rich ;);)

I'm actually surprised that many in here are getting money back. Maybe it has to do with being married and having kids?

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How do you know how much to expect? Does everyone that qualifies get the $600?

Re: Rebate Checks
 

The IRS website can help you determine how much you'll get back

Re: Rebate Checks
 

[quote=Riggo44;445802]How do you know how much to expect? Does everyone that qualifies get the $600?[/quote]

You can use [URL="http://www.irs.gov/app/espc/start.do"]this calculator[/URL] by the IRS to see if you're getting one.

Re: Rebate Checks
 

[quote=saden1;445798]Enough not to get a rebate check and not enough to be rich ;)

I'm actually surprised that many in here are getting money back. Maybe it has to do with being married and having kids?[/quote]

Yes, that's exactly the case.

If you file as a single person, and you make over $75K, you get nothing back.

If you are married and file jointly, and you make over $150K between the two of you, you get nothing back.

Otherwise, the single person gets $600 and the married couple gets $1200.

So if I were on my own as a single dude, I'd be in the same boat as you. But luckily the wife's lame ass salary keeps us below the $150K mark as a couple.

Each kid gives you another $300 as well. I knew they were good for somethin!

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I'll be getting $300 back. My money is going to have to go towards buying a really cheap car since I don't have one right now. My mom traded in the minivan I was driving so she could get a new car and now I don't have a car. I got a job last month but when I told them I didn't have a car they let me go because they said the bus wasn't "reliable transportation". So now I have no job and no car lol and my parents don't have money to help me get a cheap little car.

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I'm buying an Armalite AR 30 in .338 Lapua. :)

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[quote=DynamiteRave;445783]I'm not getting one and I'm bitter. Not towards the government, but towards my mother.

She intends on claiming me until I finish college and thus, no rebate check for me. :([/quote]


Same here

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[quote=EternalEnigma21;445836]I'm buying an Armalite AR 30 in .338 Lapua. :)[/quote]

Isn't that a sniper rifle??

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im going to the Bahamas. i know, lucky me:)

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[quote=GMScud;445854]Isn't that a sniper rifle??[/quote]


hells yes it is!

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[quote=mooby;445832]I'll be getting $300 back. My money is going to have to go towards buying a really cheap car since I don't have one right now. My mom traded in the minivan I was driving so she could get a new car and now I don't have a car. [B]I got a job last month but when I told them I didn't have a car they let me go because they said the bus wasn't "reliable transportation".[/B] So now I have no job and no car lol and my parents don't have money to help me get a cheap little car.[/quote]

Wow, is that legal? I mean, have you missed work because you were taking the bus?

Re: Rebate Checks
 

[quote=saden1;445878]Wow, is that legal? I mean, have you missed work because you were taking the bus?[/quote]


va is an employment at will state i believe, so anyone can fbasically ire anyone for almost any reason. they may be eligible for unemployment if the firing was not their fault, but this is not a "right to work" state.

Re: Rebate Checks
 

[QUOTE=EternalEnigma21;445880]va is an employment at will state i believe, so anyone can fbasically ire anyone for almost any reason. they may be eligible for unemployment if the firing was not their fault, but this is not a "right to work" state.[/QUOTE]

Yup aside from racial, religous, age discsimnation and similar isseus you can be fired for anything in VA at any time. No reason needed actually.

Re: Rebate Checks
 

[QUOTE=GMScud;445772]I heard this morning on CNN that the first people to receive the rebates are those who used direct deposit when filing their tax return. I used direct deposit, but it was through TurboTax. Does anyone know if that counts, or does it have to be direct deposit used straight through ww.irs.gov??[/QUOTE]

[URL="http://www.irs.gov/newsroom/article/0,,id=180247,00.html"]Rebate Schedule[/URL]

Re: Rebate Checks
 

[quote=saden1;445878]Wow, is that legal? I mean, have you missed work because you were taking the bus?[/quote]

I didn't miss work because of the bus, but the first day I got there I was late because the busses where I live almost never are on time. I told them I had to ride the bus because I didn't have a car yet and they told me that because they don't consider the bus to be reliable I either needed to get a car or they would let me go, and since I wasn't able to get a car they let me go. And yeah, what FRPLG said is basically true.