My wife and I (filing jointly) had an adjusted gross of 42,534. We had 161 withheld from our checks, with home interest, taxes, child care (2 kids) and other credits we will get a refund of 1908. What will our rebate amount be. Federal tax before deductions around 1750
Tax rebate?
Not sure what your %26quot;Federal Tax before deductions%26quot; means.
If you paid over $1200 in 2007 Federal Income Taxes and file jointly, you will receive a $1200 rebate. If both children are your dependents and under 17, you will receive an additional $300 for each of them.
So, if the above facts are correct, your rebate is $1800.
Tax rebate?
Presuming your 2 kids live with you, you%26#039;ll receive $1800.
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