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  • Your IRS Tax Rebate Schedule

    Subject: IRS Tax Rebate Amount

    In case you were wondering...

    Here's the table that shows when you should receive the additional money IRS is handing out to everyone this year. Read the attachment to see what you will receive based on your household situation for 2007.



    The check is in mail

    Week Last 2 digits of your SSN Receive your check by week of

    1. 00 - 09 July 23

    2. 10 - 19 July 30

    3. 20 - 29 August 6

    4. 30 - 39 August 13

    5. 40 - 49 August 20

    6. 50 - 59 August 27

    7. 60 - 69 Sept. 3

    8. 70 - 79 Sept. 10

    9. 80 - 89 Sept. 17

    10. 90 - 99 Sept. 24

    For married
    taxpayers who
    filed a joint
    return, the
    first Social
    Security
    Number on the
    return
    determines



    (See attached file: Bush's Tax Rebate Breakdown.pdf)


    FACT SHEET:
    EXAMPLES OF HOW THE ECONOMIC GROWTH PACKAGE WILL BENEFIT AMERICANS
    Married with children:
    1) Married couple with two children1, earned income of $4,000, no federal income tax paid.

    Individual rebate = $600

    Child tax credit = $600
    TOTAL = $1,200
    2) Married couple with two children, earned income in excess of $3,000, AGI = $45,000, federal income tax is $323.

    Individual rebate = $600

    Child tax credit = $600
    TOTAL = $1,200
    3) Married couple with two children, AGI = $48,000, federal income tax is $773.

    Individual rebate = $773

    Child tax credit = $600
    TOTAL = $1,373
    4) Married couple with two children, AGI = $80,000, federal income tax paid in excess of $1,200.

    Individual rebate = $1,200

    Child tax credit = $600
    TOTAL = $1,800
    5) Married couple with two children, AGI = $160,000, federal income tax paid in excess of $1,200.

    Individual rebate = $1,200

    Child tax credit = $600

    Phaseout reduction = ($500) [5% x ($160,000 - $150,000) = $500]
    TOTAL = $1,300
    1 All children referenced in the examples are qualifying children for purposes of the child tax credit.
    Head of household with children:
    1) Single parent with two children, earned income of $4,000, no federal income tax paid.

    Individual rebate = $300

    Child tax credit = $600
    TOTAL = $900
    2) Single parent with two children, earned income in excess of $3,000, AGI = $38,000, federal income tax is $433.

    Individual rebate = $433

    Child tax credit = $600
    TOTAL =$1,050
    3) Single parent with two children, AGI = $60,000, federal income tax paid in excess of $600.

    Individual rebate = $600

    Child credit = $600
    TOTAL =$1,200
    4) Single parent with two children, AGI = $90,000, federal income tax paid in excess of $600.

    Individual rebate = $600

    Child credit = $600

    Phaseout reduction = ($750) [5% x ($90,000 - $75,000)]
    TOTAL = $450
    Married, no children:
    1) Married couple with no children, earned income of $4,000, no federal income tax paid.
    • Individual rebate = $600
    2) Married couple with no children, earned income in excess of $3,000, AGI = $20,000, federal income tax is $930.
    • Individual rebate = $930
    3) Married couple with no children, AGI = $25,000, federal income tax is $1,430.
    • Individual rebate = $1,200
    4) Married couple with no children, AGI = $160,000, federal income tax paid in excess of $1,200.

    Individual rebate = $1,200

    Phaseout reduction = ($500) [5% x ($160,000 - $150,000)]
    TOTAL = $700
    Single, no children:
    1) Individual with earned income of $4,000, no federal income tax paid.

    Individual rebate = $300
    2) Individual with earned income in excess of $3,000, AGI = $10,000, federal income tax is $125.

    Individual rebate = $300
    3) Individual with AGI = $16,000, federal income tax is $725.

    Individual rebate = $600
    4) Individual with AGI = $80,000, federal income tax paid in excess of $600.

    Individual rebate = $600

    Phaseout reduction = ($250) [5% x ($80,000 - $75,000)]
    TOTAL = $350



    (Source: United States Department of the Treasury)
    Powwows will continue to evolve in many directions. It is inevitable.

  • #2
    Thanks for the information.
    Courage is just fear that has said it's prayers.

    Comment


    • #3
      Thanks for the info. I figured it was too optimistic to believe that checks could start getting mailed out as early as May.

      Comment


      • #4
        awww, we get ours first part of August.

        That's okay. We'll get it in time for Texas' tax free weekend.
        Bead All You Can Bead

        Comment


        • #5
          Thanks WhoMe. I just can't believe I'm not getting anything until Sept 17th!!!!
          ...it is what it is...

          Comment


          • #6
            Wow September.....hmmmmmmmmmmm, what powwows are in September???? I think I'm going to one....LOL Thanks for the FYI.
            sigpic This is how I dance when your standing next to me...

            "Cry 'Havoc' and let slip the Dogs of War..."

            Comment


            • #7
              *L* I'll meet ya there Chevy. Dang....all the way til September.



              Mussy by birth.....Native by the Grace of God.......


              Comment


              • #8
                Originally posted by Chevy_truckin_NDN View Post
                Wow September.....hmmmmmmmmmmm, what powwows are in September???? I think I'm going to one....LOL Thanks for the FYI.
                Some big Labor day ones
                LOL

                Colony Okla
                Cherokee Holiday
                ᎠᏂᎩᏚᏩᎩ - Anigiduwagi
                Till I Die!

                Comment


                • #9
                  dang, i cant figure out if im getting any moola or not....divorced, children with him. didnt pay any taxes since im on workers comp and its the only income i have.
                  ~~~~~~~~~~~~~~~~~~~~~~~~

                  "Life is too short to not take the time to laugh” ~AME~
                  "Who can afford NOT to laugh at themselves?" ~AME~
                  "I laugh the most when i laugh at myself!” ~AME~
                  "Laughter is'nt really "the best medicine"...it’s the CURE!” ~AME~
                  "Give me a good laugh,... and i will give you my world!” ~AME~

                  **laughin**

                  Comment


                  • #10
                    Hey WhoMe,

                    Isn't this the tax rebate schedule for 2001?!?!

                    My tax people say the first checks will be going out starting in May.

                    And mine is direct deposited so I won't be one of the last. YAY!!!
                    ...it is what it is...

                    Comment


                    • #11
                      Looks like Wyo_Rose is right....

                      One big catch to make sure you get your refund, is that you have to file your 2007 tax return. Also if you have it direct depostited to your account and not through RAL account, it can speed it up by a week.
                      Last edited by ndnsooner; 02-21-2008, 06:10 PM.
                      sigpic

                      Contest Coordinator & Calendar Admin
                      [email protected]

                      Comment


                      • #12
                        Originally posted by ndnsooner View Post
                        Looks like Wyo_Rose is right....

                        One big catch to make sure you get your refund, is that you have to file your 2007 tax return. Also if you have it direct depostited to your account and not through RAL account, it can speed it up by a week.
                        Well dayam.....my ex has 01 has his last 2 digits. If I'd have kept him around I'd get my check in July instead of September! Who knew he would have actually been useful?? But that's cool...school shopping money I guess....
                        "To one who has faith, no explanation is necessary. To one without faith, no explanation is possible." ~St. Augustine

                        Comment


                        • #13
                          Originally posted by Chevy_truckin_NDN View Post
                          Wow September.....hmmmmmmmmmmm, what powwows are in September???? I think I'm going to one....LOL Thanks for the FYI.

                          Morongo!


                          Why must I feel like that..why must I chase the cat?


                          "When I was young man I did some dumb things and the elders would talk to me. Sometimes I listened. Time went by and as I looked around...I was the elder".

                          Mr. Rossie Freeman

                          Comment


                          • #14
                            Ummm, yeah, so sometime LATE this year I will be able to buy that new kilo of beads I've been wanting.... nothing like borrowing money from another government to give to another government, eh?
                            A tater tot is worth a thousand fries.

                            Comment


                            • #15
                              well, im not spending any checks yet. not unless i have them in hand then cashed. but i will be glad to get anything, from any year!
                              ~~~~~~~~~~~~~~~~~~~~~~~~

                              "Life is too short to not take the time to laugh” ~AME~
                              "Who can afford NOT to laugh at themselves?" ~AME~
                              "I laugh the most when i laugh at myself!” ~AME~
                              "Laughter is'nt really "the best medicine"...it’s the CURE!” ~AME~
                              "Give me a good laugh,... and i will give you my world!” ~AME~

                              **laughin**

                              Comment

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