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Mar

Do you believe these six tax rebate myths?

Posted by jmcgready  Published in Politics, life, money, observations

Here are myths the IRS is trying to debunk: Myth: The stimulus payment will reduce a taxpayer’s 2008 refund. Fact: The payment will not reduce refunds or increase the amount owed when a 2008 return is filed. Myth: The stimulus payment is taxable. Fact: It is not taxable, but taxpayers are encouraged to keep a [...]

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Tags: 2008 rebate checks senior citizens, eligible taxpayers, form 1040a, low income tax rebate, Myth, payment, qualifying income, railroad retirement benefits, Railroad Retirement benefits tax rebate, social security benefits, Social Security benefits tax rebate, stimulus payment, tax return, us stimulus refund, veterans' benefits tax rebate

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