Who gets rebates?
Only individual taxpayers can receive rebates; trusts, estates and businesses are not eligible. [1] However, not all individuals will qualify for a rebate. People who can be claimed as someone else’s dependent are not entitled to a rebate, nor are nonresident aliens or illegal immigrants. Does that mean all other individuals get rebates? No. To be eligible for a rebate, for 2007 you must either (1) owe tax [2]; or (2) have at least $3,000 of qualifying income. Qualifying income means earned income generally, social security benefits, and veterans’ disability payments (including payments to survivors of disabled veterans). How much is the rebate? An eligible single person with no qualifying children gets a maximum rebate of $600 or a minimum rebate of $300. An eligible married couple filing jointly with no qualifying children gets a maximum rebate of $1,200 or a minimum rebate of $600. Single taxpayers whose 2007 tax was $600 or more are eligible for the maximum rebate. For married coup
