“Do I have to pay back my tax rebate check?”

No.


You don’t have to claim it on your 2008 taxes, you don’t have to pay it back in any way – it’s essentially “free money.” The economic stimulus checks won’t reduce your tax refund – if you get one – next year, either.

I know, I know. It’s hard to believe. But it’s a “thanks for being an American citizen” check, one that the government hopes you will put to “good use” on the economy. However, there are better things to do with your tax rebate check, as we’ve learned.



3 Responses to ““Do I have to pay back my tax rebate check?””


  1. 1 Michelle May 8, 2008 at 7:23 pm

    This is great information to have. A lot of people were worried about having to claim that money. Thanks!!

  2. 2 Modesty September 18, 2008 at 6:20 pm

    I heard that we’re suppose to get another stimulis check this year. Is this true?

  3. 3 american1fcu September 22, 2008 at 1:45 pm

    Modesty: who knows? The news I’m hearing is that the next “stimulus” package will be for infrastructure improvements and job creation, not a straight-up check like last time. Keep checking the news!


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