Are all people who made $3,000 entitled to the tax rebate - even dependents?

Question

I am under the impression that ANYONE who earned $3,000 in 2007 is entitled to one.

Answer 1

Parents who have dependents under 17 get $300 per dependent.  College aged dependents 17-24 do not get a rebate.  Neither do their parents.

Why?  That's just the way the law was written.

Answer 2

Wayne Z is correct.

Your parents or legal guardians may be eligible to receive up to $300 for every dependent they have.

Answer 3

If you are claimed as a dependent, you will be ineligible for the rebate, but you may still benefit under the plan.

While the rebate depends on your 2007 status and income, it is actually a rebate toward your 2008 taxes. According to the Economic Stimulus Act of 2008, taxes would be cut in 2008 from 10 percent to zero percent on the first $6,000 dollars of taxable income for individual taxpayers.

So if you have taxable income in 2008, you will see a tax cut when you file in 2009.

Answer 4

Your impression is wrong.  Dependents are NOT eligible for a stimulus payment.  And not everyone with $3000 income is eligible either - it has to be particular types of income, and there are a couple other requirements too.

Answer 5

You are under the wrong impression.

Dependents do not qualify regardless of income.