The rebate was $600/person. And if your income is over a certain amount, it is reduced.; but you have another crack at it in 2008.
Well, for the 2007 tax return, I qualified for approx. $450. In 2008, my earned income is over $3K plus investment income. My federal tax is approx. $120. Should I be getting a credit of at least $120 out of the $150 left over from 2007?
I am asking because TurboTax did not give me that credit. So I am wondering whether I miss checking a box somewhere in TurboTax.
TIA