Cash rebate available to low-income workers,
and people who get certain disability and retirement benefits
Low-income workers, and people who get Social Security, certain veterans' benefits and certain Railroad Retirement benefits may qualify for an economic stimulus payment (a cash rebate) from the federal government. Payments range from:
- $600 - $1,200 (joint filing)
- $300 - $600 (single filing)
- plus $300 for each of your children who qualify
File a tax return to receive your rebate
You must file a 2007 tax return to receive a rebate. Even if you usually don't file a tax return, you will need to this year in order to receive a rebate. Your tax return must show at least $3,000 in qualifying income. Qualifying income includes benefits received from Social Security, certain veterans' benefits and certain Railroad Retirement benefits. Including these benefits does not create any additional tax or trigger a tax bill, and will not have any effect on eligibility for federal benefits.
If you have already filed your tax return reporting at least $3,000 in qualifying income, you do not need to do anything else. If you filed, but did not have at least $3,000 qualifying income, you will need to file an amended return that includes your benefits. You can use IRS Form 1040X to amend a tax return.
Free tax help
The following provide free tax return preparation for low and moderate income taxpayers.
For more information
Information for this article was provided by the Ohio State Legal Services Association (OSLSA) and the Internal Revenue Services (IRS). To learn more about economic stimulus payments:
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Article posted February 29, 2008
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