3/25 How much are you guys expecting from GWBush's tax rebates?
\_ $0. Combined income of my wife and me is probably over the limit.
\_ So you're the wealthy?
\_ $600, a whole lot of money for a poor grad student..
\_ $1200 tax deduction, which, since we already overpaid through
withholding, means a $1200 bonus to our refund.
\_ $0. My income is too high.
\_ How do you figure this out based on your income?
\_ More than $75K if single or $150K if married and you're
probably getting nothing. I imagine most s/w engineers are
getting nothing, like me.
\_ 75K taxable income. (Post 401k, post all deductions.)
And it doesn't go away at 75k, although it does go down
pretty fast. If you have a house you probably will get
a refund.
\_ You mean if you have a MORTGAGE with a lot of interests
to deduct?
\_ Yes I did. See you knew exactly what I meant.
\_ ...the fact that it is wrong notwithstanding
\_ No, it's based on adjusted gross income. No mortgage
(or other itemized) deductions.
\_ None of you have actually explained how I would
calculate it.
\_ Learn to use google.
\_ Nothing. We make too much. |