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TNDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-21-08 03:24 PM
Original message
Tax rebate question.
If you can be claimed as a dependent on someone else's return, can you get the rebate? Our high school daughter works and filed a return but we claim her. That is someone who will definitely spend it.
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FlyingSquirrel Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-21-08 03:31 PM
Response to Original message
1. IRS has on their front page
Rebate Questions?

Find out whether you're eligible for a stimulus payment and how much you'll get. And check out the payment schedule to see when you'll get it.

Also an Economic Stimulus Payment Calculator.

http://www.irs.gov/
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Lone_Star_Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-21-08 03:31 PM
Response to Original message
2. My understanding is you don't qualify if you're a dependent on someone else's return
Also, in order for the person claiming the dependent to get any rebate money for dependants they must be 17 or under.

This is how it was explained to me by my accountant.
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silverlib Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-21-08 04:56 PM
Response to Original message
3. Straight from my letter from IRS
"To qualify for the payment, an individual, spouse, and any qualifying child must have a valid Social Security number. In addition, individuals cannot receive a payment if they can be claimed as a dependent of another taxpayer or they filed a 2007 Form 1040NR, 1040NR-EZ, 1040-PR, or 1040-SS."

I got this in the mail yesterday. Hope it helps.
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TNDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-21-08 06:13 PM
Response to Original message
4. Thanks everyone.
That was what I expected but hoped for her sake I was wrong.
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NMDemDist2 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-21-08 11:21 PM
Response to Reply #4
5. you will get the $300 extra for her
maybe you can share?
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