I’m trying to live on the $698/mo I get from SSI. That $800 tax incentive would be a BIG help. Can I get it, or is it another case of those who need it most being ineligible? I am unable to work due to CHF (congestive heart failure) and depression. Worrying about how to make ends meet each month isn’t helping either of these conditions.
2 responses so far ↓
1 Judy
First of all, this is a PROPOSAL, not a done deal. Nobody gets anything unless Congress passes a rebate, and if they do, there’s no guarantee that it will match what the president talked about in his speech.
As proposed though, it is a REBATE on taxes - so only people who pay taxes would get it. The proposal was to eliminate charging tax on the 10% bracket, the lowest bracket. Amount would be up to $800 per individual filer, or $1600 for a married couple filing a joint return, but only if you paid that much in income tax for 2007. If it’s passed soon and as proposed, it’s estimated that the checks could come as early as June.
If your only income is ss disability, you wouldn’t be paying any tax, so sorry, you wouldn’t qualify if it’s passed as proposed. And by the way, SS disability (SSDI) is a different program from SSI.
2 wartz
Nobody knows anything yet because there is nothing to know.