Where at WDW would you spend your $300 - $1,200 GOV'T REBATE CHECK?????????

[wrighter]

I have been reading every article I can find about these "rebates," trying to determine if they're following the same principles as the 2001 "rebates," and I can't find anything. Once it is a done deal, and I am assuming it will be a done deal, where do we find out difinitively if we're going to get nailed next tax season?

You can rest assured I will be hooting and hollering about this to anyone who will listen. The whole reason for creating this "stimulus package" is to "help the economy," right? No. They just want all of us dummies to go spend the money right now, then take the hit next April. It's a temporary fix that can do more harm than good in the long run - at least for the average American family.

I'll get off my soapbox now - can you tell that 2001 still stings a little? We just felt so stupid for not doing more homework.

 

[BelleBeast]

Grand Floridian Concierge Level !!! and maybe some time at the spa...

 

[GrowingUpDisney]

Well, according to the information - we will be receiving $1800! This means we can take an additional trip to Disney!!! Take a lookie at my siggy!

 

[Bonelady]

Dinner and VERY fine wine at V&A !

 

[fires_grumpy]

DW and I are putting 3/4 of it on our cruise we already have booked. And the rest on our trip to WDW for some extra goods for ourself and family.

 

[KorieDWnut]

If we get it, we are going to add DH and my youngest to my trip in August. I was going with just my oldest because I really wanted to go and it was cheaper if we didn't all go. If we get that check then dh and little dd are coming and we will make it a family trip. Time will tell.

 

[Princess_Belle]

I'll be using it for an august trip to the poly!! I cant wait!!

 

[Sabrina90744]

I'll splurge for Magic Express transportation to and from Orlando Int'l Airport. I was one of the "naughty" ones that put my last rebate in the bank.

I'm with you jberry5, it's going straight to the bank and adding my portion to my retirement fund and the kids portion to their college accounts

 

[stepnut]

It's an election year. What better way to endear voters than to give them money, even if it will be taken back again.

Well, we are probably not even getting a rebate. We make too much money. I guess winning our affection is too costly.

 

[mickeymyfavorite]

I would buy a big statue or figurine, there like $150-$200, & the rest I would buy, shop, and eat. AND if was offerd I'd bounce back Ok I can dream too

 

[jngwright]

I have been reading every article I can find about these "rebates," trying to determine if they're following the same principles as the 2001 "rebates," and I can't find anything. Once it is a done deal, and I am assuming it will be a done deal, where do we find out difinitively if we're going to get nailed next tax season?

You can rest assured I will be hooting and hollering about this to anyone who will listen. The whole reason for creating this "stimulus package" is to "help the economy," right? No. They just want all of us dummies to go spend the money right now, then take the hit next April. It's a temporary fix that can do more harm than good in the long run - at least for the average American family.

I'll get off my soapbox now - can you tell that 2001 still stings a little? We just felt so stupid for not doing more homework.

If the IRS is lurking, please stop reading now...
Back in the day-ol' 2001, I was doing my own taxes and don't recall subtracting the "rebate" from my refund. Maybe I did-maybe I paid in that year???
ITA that it's not a rebate, if they are going to ask for it back!!!!

 

[Bugdozer]

Well, according to the information - we will be receiving $1800! This means we can take an additional trip to Disney!!! Take a lookie at my siggy!

I thought I read online that it may be capped at $1200 per family/couple?

Bug

 

[KorieDWnut]

I thought I read online that it may be capped at $1200 per family/couple?

Bug

The article I just read, which was updated 2 hours ago, said 1200 per married couple if they make under 150K combined, plus 300 per child.

 

[jeast]

There IS a $1200/family cap. It's listed on three out of the four articles I just read.

Hey, $1200 is nothing to sneeze at!

 

[MAKHayes-DisneyDiva]

Perhaps we will go for a Magic kingdom view at CR, or a few nights of concierge level somewhere. I have always wanted to do concierge level!
That is, if it is a real rebate, and not just a 2001 hoax.

 

[PrincessSuzanne]

Funny thing, I was just talking to a friend about the "rebates" from 2001. DH and I were planning our wedding then and we each got $300 and used it for some wedding expenses and boy, were we shocked when they took back $300 when we filed our taxes that next year. I got my refund and it was less $300, so I call the IRS and they told me what it was, as I had forgotten, and I said well it isn't a "gift" or "rebate" if you give it, then take it back. Can you say "Indian Givers"

I am hoping to use some of mine to make my April/May trip possible and pay some bills with the rest of it. I will deal with 2008 in 2009, besides maybe it won't hurt too much, since we will have paid more in on our house by then.

Suzanne

 

[KorieDWnut]

There IS a $1200/family cap. It's listed on three out of the four articles I just read.

Hey, $1200 is nothing to sneeze at!

This is what I read off of CNN

Up to $600 per individual, $1200 for joint filers, plus additional $300/child.
Under the deal, nearly everyone earning a paycheck would receive at least $300 from the Internal Revenue Service. Workers who earned at least $3,000 last year -- but not enough to pay income taxes -- would be eligible for $300.
Overall, 117 million families would receive a rebate check, including 35 million with incomes too low to have qualified under the earlier Bush proposal. Those 35 million families would receive rebates totaling $28 billion.
Full rebates would be sent to single taxpayers who earned up to $75,000 and couples with incomes of as much as $150,000. The value of the payments would decline after that and phase out entirely at incomes of roughly $87,000 for individuals and $174,000 for joint filers.

 

[jberry5]

I have been reading every article I can find about these "rebates," trying to determine if they're following the same principles as the 2001 "rebates," and I can't find anything. Once it is a done deal, and I am assuming it will be a done deal, where do we find out difinitively if we're going to get nailed next tax season?

You can rest assured I will be hooting and hollering about this to anyone who will listen. The whole reason for creating this "stimulus package" is to "help the economy," right? No. They just want all of us dummies to go spend the money right now, then take the hit next April. It's a temporary fix that can do more harm than good in the long run - at least for the average American family.

I'll get off my soapbox now - can you tell that 2001 still stings a little? We just felt so stupid for not doing more homework.

I'm sure I'll get some notice of it through our tax services at work, if so, I'll post it here. One lady at work thought she heard it's not going to be the same, but at least initially here I'm hearing different things. A good place though once it is finalized would be irs.gov.

 

[jberry5]

There are currently many different versions. I've read $1,200 family cap. $1,200 cap on the $300 per child. Everyone is rushing to give us the news first, whether fully correct or not.

For those wondering if they subtracted their '01 rebate, don't fear, the IRS would have done that for you. The just subtracted it from your refund, or would have sent you a notice taking it into account.

 

[MindyLuvsMickey]

No big refund for us DH earns too much money and i barely work part time. I was hoping for a trip within the next year. Guess that won't happen!