Economic Stimulus thing
Does anyone know how this works? FH got something in the mail today, and it says something about if you make over $75K per year, its reduced or phased out. Does that mean you dont get anything if you make over that amounts?
Does anyone know how this works? FH got something in the mail today, and it says something about if you make over $75K per year, its reduced or phased out. Does that mean you dont get anything if you make over that amounts?
go to IRS.GOV to find out.
I just did my taxes last night--I don't make anywhere near that so I should be getting $600, but it said they probably aren't sending it out until May, but you automatically get it by filing your federal return. I think it said if you make over 75K it goes down by a certain amount for each $1K you are over that....something along those lines, not really sure!