How Do You Give Yourself An Economic Stimulus Tax Rebate?
There has been plenty of coverage on the news about Obama’s economic stimulus tax rebate for workers. It is a great way for hard working individuals and families to see a little extra cash on their checks. However, did you know that if you normally receive a tax rebate check each year, you could have a substantial amount of money added to every check? This article will tell you how to give yourself an economic stimulus tax rebate, which is perfectly legal and will even help the economy. Request a new W4 tax form from your employer. When you increase your W4 exemptions, less taxes are withheld from your paycheck and you get more on your net pay. Likewise, if you decrease your W4 exemptions, more taxes are with held from your paycheck and your net pay is reduced. Review your withholdings. If you usually get a tax refund each year, it is likely that you aren’t claiming enough exemptions. This is, essentially, like giving the government an interest free loan. You should have access to your