Sunday, May 9, 2010

How does the tax stimulus plan work for married couples filing jointly when one spouse earned less than $3000?

Just like filing your income tax, it doesn't matter that only one spouse had income.





A married couple with no children, with taxable income of at least $3,000 in 2007 would qualify for the full $1,200 rebate under the terms of the Tax Rebate plan agreed to by the President and Congressional Democrats.





Nothing has passed Congress yet, so it is subject to change.How does the tax stimulus plan work for married couples filing jointly when one spouse earned less than $3000?
No possibe way to know as it has NOT been passed into law yet. Any other answer that you get is PURE guesswork.

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