Is the economic stimulus tax rebate based on 2007 tax liability?
yes, it’s based on your 2007 return. If you didn’t have any credits on your return other than the child tax credit, you should get $1093 for the two of you, plus $300 for you child. If you DID have other credits, like maybe an education credit, that would subtract from the amount. Look at line 35, and add back line 32. That would be the amount for the two of you, with a minimum of $600 and a max of $1200 – plus $300 for your child. From what you say, you aren’t eligible for the max of $1500 but might get as much as $1393 And by the way, groovykarma is clueless.
*Sadly, we had to bring back ads too. Hopefully more targeted.