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Is there a maximum income limit to be eligible for rebates?

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Is there a maximum income limit to be eligible for rebates?

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The rebate checks are subject to be phased out for taxpayers with an Adjusted Gross Income (AGI) in excess of $75,000 (or $150,000 married filing jointly). The phase-out is a decrease in benefits equaling approximately $50 per $1,000 in income over the threshold limit.

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