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Tax rebate

How are you going to spend your rebate check? Or are you going to bank it?

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Comments (15)

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susan said:

we are saving ours and going to Disney World in
December. (you know Disney is really hurting for
money...lol)

Robert said:

I think I will use it to buy a tank of gas. The 1200 we get should just about cover it. Thanks, president w

Iris said:

Ours is going right back to the IRS to pay part of my quarterly self-employment taxes. Also, all these news stories assume everyone gets a refund, which is painfully untrue in this household and many others. What about those of us who paid taxes with our 2007 return? When do we get our "rebate"? That would be the helpful other half of the story for our news outlets to report.

Joy said:

I'm going to put my into a high interest savings account, let it make some money for me, since the government is just going to be asking for it back in 2009...

Joy said:

I'm going to put my into a high interest savings account, let it make some money for me, since the government is just going to be asking for it back in 2009...

Joy said:

I'm going to put my into a high interest savings account, let it make some money for me, since the government is just going to be asking for it back in 2009...

Katbyrd said:

Pay down a credit card....which we will have to use to pay for $10 a gallon gas soon....

Sensei said:

Joy - the stimulus is not taxable. Not sure if that's what you meant by stating the gov't will ask for it back.

From IRS.gov:

"Q. Is my Stimulus Payment taxable?

A. No. You will not owe tax on your payment when you file your 2008 federal income tax return. But you should keep a copy of the IRS letter you receive later this year listing the amount of your payment."

http://www.irs.gov/newsroom/article/0,,id=179181,00.html

Sokini said:

My husband and I plan on using ours to pay off one of the cars, that way--that amount of money can start going towards our savings every month.

Sokino said:

My husband and I plan on using ours to pay off one of the cars, that way--that amount of money can start going towards our savings every month.

Sokino said:

My husband and I plan on using ours to pay off one of the cars, that way--that amount of money can start going towards our savings every month.

Holden said:


I'm spending about half of mine on Budweiser and women and I'll probably just waste the other half.

Margaret said:

With a little luck, my "stimulus check" should arrive just in time to pay the June installment of my 2008 Estimated Income Tax. It won't fully cover either state or federal, but it will make a small dent.

How stimulating!

Brian said:

I will be using mine to pay for the surgery that my insurance should cover but doesn't.

Sensei said:

Holden said:
I'm spending about half of mine on Budweiser and women and I'll probably just waste the other half.

LOL... Hookers and blow, man.. hookers and blow! :-)

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