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So, about these economic stimulus rebate thingies...
ChadTower:
--- Quote from: shardian on February 15, 2008, 11:52:37 am ---The IRS website does not have anything yet on how this will effect your 2008 return. They just say "Save so and so paper we send you".
--- End quote ---
Why would it? The laws have not been passed yet. They can't officially publish the specifics until they are official.
shardian:
Ahh, I think it just clicked with me.
Let's assume you joint income this year is 165,000. Your rebate will be pretty much wiped out. Now when you calc your 2008 return, your joint income is only $149,000. In this case, the gov't owes you some more rebate money and it will be added to your refund next year.
Assume the opposite is true and next year you make a killing. Technically, that would put you out of range for a refund. But since they already gave the money to you, you get to keep it.
ChadTower:
--- Quote from: shardian on February 15, 2008, 11:58:58 am ---Ahh, I think it just clicked with me.
--- End quote ---
That sounds mostly like what they've been saying... though, honestly, I don't care what happens to the people in that scenario. I'm nowhere near that combined figure.
mr.Curmudgeon:
--- Quote from: Ed_McCarron on February 14, 2008, 01:05:06 pm ---Oh, and by the way folks, you saw it here first: MrC admits the current government isn't stupid. The world may well stop spinning on its axis. Everyone hang on!
--- End quote ---
Well, I must be wrong. The world kept on turning. 8)
Daniel270:
I'm sure Saint wouldn't mind if everyone who got one of these checks spends a small portion on a/another copy of his Arcade book :)
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