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General Discussions
The Watercooler
Pres. Bush signed Tax Rebate Bill
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<blockquote data-quote="flutterbee" data-source="post: 127417"><p>If you owe taxes, the rebate will go toward your tax bill. IOW, your taxes owed will be reduced by the amount of your rebate. So, if you should have received $600 and you owe $1,000 in taxes, you won't get a rebate check and will write a check to the IRS for $400.</p><p></p><p>Clear as mud? <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="flutterbee, post: 127417"] If you owe taxes, the rebate will go toward your tax bill. IOW, your taxes owed will be reduced by the amount of your rebate. So, if you should have received $600 and you owe $1,000 in taxes, you won't get a rebate check and will write a check to the IRS for $400. Clear as mud? :) [/QUOTE]
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The Watercooler
Pres. Bush signed Tax Rebate Bill
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