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ABOUT USThe Minnesota Budget Project is an initiative of the Minnesota Council of Nonprofits.
Resources on the Stimulus Tax Rebate and Free Tax PreparationIn February 2008, the President signed into law a $168 billion economic stimulus package. The centerpiece is $112 billion in tax rebates to an estimated 130 million Americans. For most households, the rebate will be at least $300 for individuals and $600 for a married couple. Households with dependent children will also receive an additional $300 per child. In order to receive a rebate, an individual or household must:
About 20 million low-income earners, seniors and veterans qualify for a tax rebate. But they must file a tax return (1040 form) this year in order to receive it, even if a household has no tax liability and usually does not file a federal tax return. Eligible senior citizens, veterans and people with disabilities have until October 15th to file. To file, they can use a new and easy-to-use on-line tool designed by the AARP and the National Council on Aging. See our analysis, Federal Economic Stimulus Bill Reaches More People, But Leaves out Quickest-Acting Measures, for more details on the stimulus legislation. Resources on Stimulus Tax Rebates
Resources on Free Tax Preparation
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