I read somewhere that the cap for this rebate plan was combined income of 150K if joint filers. I can’t remember where now, maybe a reuters link? Please forgive my lack of linkage.
My question is, is this 150K in Adjusted Gross Income or
W-2/1099 reporting? Is it based on what you earned in 2006 as reported on your taxes filed in 2007?
While I think the whole scheme is a bad idea and nothing but a psychological manipulation, if the government is giving away free money I want to be sure to get mine so I can put it right into our daughter’s savings account.
