2011/03/24

Q&A: Question about new tax refund? | Estimating Tax Refund

2

Question by Monique S: Query about new tax refund?
I am preparing on filing for taxes and as I glimpse at my approximated refund I am pondering if this new tax refund I maintain hearing about is in addition to my approximated tax refund or previously included in the estimate. If it is in addition how do they made the decision who gets it and who will get how a lot. I know it is 600 per grownup and 300 per kid but I also heard max is 800. I am a bit baffled about it. Can a person assist me out?

Estimating Tax Refund

Very best answer:

Reply by BeenAroundTheBlock
The stimulus refund has practically nothing to do with the refund you get when filing — the filing process continues as normal and does not contain the new refund.

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Tags: estimating tax refund, grownup, stimulus, Tax Refunds.

Filed under Estimating Tax Refund by taxrefunds on Mar 24th, 2011. Comment. #

Comments on Q&A: Question about new tax refund? | Estimating Tax Refund Leave a Comment

2011/03/24
Reply

Tomk @ 1:56 am #

It is in addition to your regular refund. There is no maximum, although there are income limits. $ 75,000 for a single person and $ 150,000 for married filing jointly.

Reply

Judy @ 2:14 am #

The rebate has nothing to do with your refund from filing your tax return, and doesn’t affect it.

The House and Senate have to agree on what the rules will be. The House passed a bill today but the Senate hasn’t, and is proposing a number of changes. The House and Senate have to agree and pass the same bill before it can go to the President for signature. So at this point, nobody knows what it will be.

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