Six quick rebate scenarios: See more examples at spokesmanreview.com
1 Rebate basics: Most individual taxpayers would receive up to $600 in rebates, working couples $1,200 and those with children an additional $300 per child under the agreement, which still must pass the House and the Senate. Checks could be mailed as early as May. | 2 Individual with $2,500 in earned income in 2007: Disqualified because income fell below the $3,000 threshold. No rebate. | 3 Married couple, no children, with adjusted gross income of $100,000 in 2007: Would qualify for full $1,200. $1,200 rebate. | 4 Worker with one child, who earned $9,000 and owed no taxes in 2007: Would qualify for $300 available to individuals who pay no taxes but earned at least $3,000, plus an additional $300 for the child. $600 rebate. | 5 Couple with income of $145,000 in 2007, three children: Would qualify for the full $1,200 for couples, plus $300 for each child. $2,100 rebate. | 6 Couple with income of $160,000 in 2007, two children: Partial rebate, reduced by $50 for every $1,000 in income above the $150,000 threshold. An $1,800 rebate ($1,200 for couple plus $300 per child) would go down by $500. $1,300 rebate. |