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> Tax rebates, 600 buckaroos
dauss
post Feb 8 2008, 12:09 PM
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Whatever. I have never got a refund after I turned 18. I get my change back.


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impala454
post Feb 8 2008, 01:51 PM
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I have always gotten a refund, and the ones I've gotten since starting my real jobs after college have been huge. I'll continue to claim 0 simply bc it forces me to "save".
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FORSAKENR320
post Feb 8 2008, 02:27 PM
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QUOTE (impala454 @ Feb 8 2008, 01:51 PM) *
I have always gotten a refund, and the ones I've gotten since starting my real jobs after college have been huge. I'll continue to claim 0 simply bc it forces me to "save".


same


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QUOTE (Jessica @ May 7 2007, 01:15 PM) *
but yeehaw dammit. YEEHAW
QUOTE (Dogmeat @ Jun 26 2008, 07:51 PM) *
ok once upon a time I jacked myself off retarded.


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Mommy
post Feb 9 2008, 12:12 PM
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Christine, seems you shouldn't have to set aside any money next year.

QUOTE
Your rebate is a one-time tax cut - an advance on a credit you'll receive on your 2008 return.

It's based on your 2007 income initially. If it turns out that your 2008 income and number of children would have qualified you for a larger rebate than the one you received, you'll be sent the difference. If it turns out your 2008 income was lower than in 2007 and you should have gotten a lower rebate, you get to keep the difference.

"If you were supposed to receive a larger payment than you did, you will get the extra money," said Treasury spokesman Andrew DeSouza. "If you received more than what you should have gotten, you will not be penalized."


http://biz.yahoo.com/cnnm/080208/020808_re...insurance'
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Epic
post Feb 9 2008, 10:06 PM
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i'm not sure that means we're off the hook. I just think it means that if you get the 1200 and but you ended up deserving the 600 then you don't get that much deducted from your next year's rebate.

and the "advance on a credit you'll receive on your 2008 return" still makes me think that they'll deduct it from the 2008 return
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Spectatrix
post Feb 9 2008, 11:19 PM
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No, Blue, it does mean we're off the hook (more or less), now that I'm reading that. There's a one-time tax credit, which means your tax burden is $600 less than it would be otherwise and you're getting an advance on that credit.

This post has been edited by Spectatrix: Feb 10 2008, 03:32 PM


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You and your logic.

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Mommy
post Feb 10 2008, 10:40 AM
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Im so fucking confused. Is my refund gonna be smaller next year or not?
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Spectatrix
post Feb 10 2008, 10:51 AM
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No. Your refund would be $600 larger due to a one-time tax credit, but you're getting that $600 early.


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QUOTE (pebkac @ Oct 14 2006, 03:15 PM) *
You and your logic.

QUOTE (Foamy)

http://xkcd.com/386/
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Epic
post Feb 10 2008, 11:15 AM
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christine in '08
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Mommy
post Feb 10 2008, 11:36 AM
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well, damn Christine... miss know-it-all... i can always count on you
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Spectatrix
post Feb 10 2008, 03:32 PM
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QUOTE (Epic @ Feb 10 2008, 11:15 AM) *
christine in '08

Not old enough. Not for prez, at least. tongue.gif

QUOTE (Jessica @ Feb 10 2008, 11:36 AM) *
well, damn Christine... miss know-it-all... i can always count on you

Hey, you're the one who provided the relevant news article. smile.gif


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QUOTE (pebkac @ Oct 14 2006, 03:15 PM) *
You and your logic.

QUOTE (Foamy)

http://xkcd.com/386/
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Epic
post Feb 10 2008, 05:36 PM
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lame

i'm only getting like 500 back this year since i spent half the year as a student the other half employed so my income was at a shitty level with minor deductions. hopefully next year will be better
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Mommy
post Feb 10 2008, 07:54 PM
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yeah... Im only get back $1000... I got way more last year sad.gif
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Dogmeat
post Feb 10 2008, 08:13 PM
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DEATH TO ....something?


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wow. I can make one vehicle payment for one month. The economy is now fixed.

Yeah.

God I fucking hate politicians.


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Mommy
post Feb 10 2008, 09:06 PM
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A lot of people are just going to put it towards a bill.... How is that going to spur the economy?
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