May 22, 2008

Q & A: Shortchanged on Tax Rebate Part Deux

QUESTION: My husband and I received our rebate exactly when the schedule said we would. However it was just for the two of us. Our three children were not represented in the amount of the rebate. Will there be a second direct deposit date for qualifying children?

ANSWER: This question was just recently posed to us. Our opinion is that if you claimed the children on your 2007 tax return and none of them had reached the age of 17 as of December 31, 2007, the $300 rebate per child should apply. We have researched this issue and have no knowledge of the rule being changed. If you feel that you deserve the rebate for your children, you can contact the IRS at 1-800-829-1040 for assistance.

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