how do seniors get a 2007 tax rebate check?
If you qualify, all you need to do is fill out Form 1040A in a few places.
A sample version of Form 1040A illustrates which lines to fill out.
Q: I normally don’t need to file a tax return.
How do I know if I’m one of those people who may be eligible
to receive an economic stimulus payment?
A: This group includes some recipients of Social Security,
Railroad Retirement or veterans’ benefits as well as
taxpayers who do not make enough money to normally have to file a 2007 tax return.
For example, this can include low-income workers,
those who receive Social Security benefits
or veterans’ disability compensation, pension
or survivors’ benefits from the Department of Veterans Affairs in 2007.
These people will be eligible to receive a payment of $300 ($600 on a joint return)
if they had at least $3,000 of qualifying income.
Qualifying income includes:
- Social Security benefits,
- certain Railroad Retirement benefits,
- certain veterans’ benefits
- and earned income, such as income from wages,
salaries, tips and self-employment.
For people filing joint tax returns,
only a total of $3,000 of qualifying income from both spouses
is required to be eligible for a payment.
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