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Tax rebate proposal? Tax rebate proposal?


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Old 01-25-2008, 05:54 AM
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Join Date: Jan 2008
Location: Berkshire,U.K.
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Default Tax rebate proposal?
I read in news reports that people with "paychecks" will receive a rebate, assuming the proposal goes through.

Does with "paychecks" mean that people who file Schedule C (income from business), and not - what is it? - W2s, will receive nothing?
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Old 01-27-2008, 12:01 AM
Dru Dru is offline
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Join Date: Mar 2007
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Default Re: Tax rebate proposal?
It will be based upon your 1040 net income, so if you write off lots, it could be less. There will also be a diminishing amount for both small and large earners.
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