Originally Posted by
95coBraSVT
Ok, I HAVE done my taxes. The rebate checks had NO EFFECT on my taxes at all.
If you read above, it says that it won't. In fact, it says that "The credit is essentially
free money".
Try Tax Act before you finish filing. We did both. On turbo tax, we were only getting back like $3000, but on Tax Act, we got back over $7000.
They're free until you hit "send".
I dont know where you get 'Free money' from.
I had to pay mine back. Just did my taxes tonight. It came out of my rebate credit. They subtracted what I got last year from it. It was an income,.. so no matter what they will tax you on it.
Hurst