Start planning your government paid Disneyland Trip!! - Page 2

kairamoon · 02-13-2008, 03:43 PM

If your parents can claim you you don't get a refund

Kileli · 02-13-2008, 04:57 PM

I was talking to my parents about this, they are going to spend it on bills. lol, I am going to keep trying.

HiddenMickey · 02-13-2008, 10:16 PM

I'll probably spend it on a DL or WDW trip.

Plo Koon · 02-14-2008, 12:13 AM

Quote:

Originally Posted by Kileli

I was talking to my parents about this, they are going to spend it on bills. lol, I am going to keep trying.

Do they know you are SUPPOSED to spend it? Spending it on bills defeats the purpose... though most people will LOL

Kileli · 02-14-2008, 08:58 PM

^ Yeah, they both work in the travel industry (which is in a crisis now) so they hope everyone goes to Hawaii. So, if DL is not an option for you, could you please go to Maui or Oahu instead? lol

PeoplemoverMatt · 02-14-2008, 10:38 PM

Paying bills isn't really defeating the purpose. Using that money now frees up other money later that now won't be spent thanks to this rebate. I'd like to see more tax breaks given to the income bracket of the most small business owners (whose business gets taxed on their individual return) to help them out, but this is good stimulus as well. Happy something's being done.

-- PMM

BCC · 02-15-2008, 10:37 PM

Only US citizens....not residents?

ah92us · 02-16-2008, 12:03 AM

^ I think residents also get it. Just not illegal immigrants. Anyways, money makes the world go 'round!

kairamoon · 02-16-2008, 12:53 PM

It's anybody who filed a 2007 tax return and who can't be claimed as a dependant for the most part. But you need a social security number to file.

Happy11 · 02-17-2008, 08:56 AM

And it is coming from your 2008 year tax return (a loan against it). So it will be deducted from it that at time.
In other words, if you get a rebate of $600 this year and then add that to your normal return of say $600. You will have $1200 this year. BUT when you file your return for 2008 and get your normal return of say $600, then they deduct what they have given you this year. GUESS WHAT? Yep. No money back next year.
We really didnt think this was FREE money did we? It is just an early Loan against your 2008 taxes.
Which really stinks.

Disneyluvr2 · 02-17-2008, 03:41 PM

Quote:

Originally Posted by Happy11

And it is coming from your 2008 year tax return (a loan against it). So it will be deducted from it that at time.
In other words, if you get a rebate of $600 this year and then add that to your normal return of say $600. You will have $1200 this year. BUT when you file your return for 2008 and get your normal return of say $600, then they deduct what they have given you this year. GUESS WHAT? Yep. No money back next year.
We really didnt think this was FREE money did we? It is just an early Loan against your 2008 taxes.
Which really stinks.

Wow! I wonder how many people know this? If it's true, I sure didn't know it! That will make a big difference as to what we do with our money! I guess that old saying is true...if it seems too good to be true, it probably is!

adrianne · 02-17-2008, 06:06 PM

...ain't no such thing as a free lunch. Bummer.

baldbandit · 02-18-2008, 08:31 AM

Quote:

Originally Posted by Happy11

And it is coming from your 2008 year tax return (a loan against it). So it will be deducted from it that at time.
In other words, if you get a rebate of $600 this year and then add that to your normal return of say $600. You will have $1200 this year. BUT when you file your return for 2008 and get your normal return of say $600, then they deduct what they have given you this year. GUESS WHAT? Yep. No money back next year.
We really didnt think this was FREE money did we? It is just an early Loan against your 2008 taxes.
Which really stinks.

That's not exactly accurate. What it is is a new tax credit for 2008, that they are sending out early. It's like a one-time tax cut that you would normally get on your 2008 returns filed next year, but instead of waiting, they are sending them out now.

So let's say your rebate is 600. If they weren't sending it out early next year you would owe 600 dollars less than normal (or would be getting back 600 more than normal), but since they are sending it out early next year your taxes will be normal.

I believe it also means if you have a child before the end of the year, then next year on your return you will get the 300 dollar credit for that kid that they didn't know about this year.

Does that make sense?

kairamoon · 02-18-2008, 07:25 PM

You will get it. But if you were to say, not make enough to qualify you for the $600 well you still get it! If they mess up in your favor you get extra money but if they mess up against you then there is no penalty.

PeoplemoverMatt · 02-19-2008, 07:41 PM

I'm making this real easy on myself - I'm not expecting to get squat. That way, if I don't get anything, I won't be surprised, but if I do, bonus!

-- PMM

02-13-2008, 03:43 PM	#16 (permalink)
kairamoon Join Date: Sep 2005 Location: Denver baby! Posts: 1,676 Images: 39 My Mood:	If your parents can claim you you don't get a refund __________________

02-13-2008, 04:57 PM	#17 (permalink)
Kileli Registered Member Bouncy n Bob Champion! Balloon Park Champion! Bomb Bandits Champion! Bonus Pong Champion! Caray Snake Champion! ATV Winter Challenge Champion! Boat Blow Champion! Join Date: Feb 2006 Location: Camarillo, CA Posts: 4,321 Images: 5 My Mood:	I was talking to my parents about this, they are going to spend it on bills. lol, I am going to keep trying. __________________ Fun with a dark room, a camera, and a flashlight My Countdown Counting down to: Next DL trip 4 days 19 hours 2 minutes

02-13-2008, 10:16 PM	#18 (permalink)
HiddenMickey Join Date: Jul 2005 Location: SF Bay Area Posts: 1,234 My Mood:	I'll probably spend it on a DL or WDW trip. __________________ Have a brazzle dazzle day.

02-14-2008, 08:58 PM	#20 (permalink)
Kileli Registered Member Bouncy n Bob Champion! Balloon Park Champion! Bomb Bandits Champion! Bonus Pong Champion! Caray Snake Champion! ATV Winter Challenge Champion! Boat Blow Champion! Join Date: Feb 2006 Location: Camarillo, CA Posts: 4,321 Images: 5 My Mood:	^ Yeah, they both work in the travel industry (which is in a crisis now) so they hope everyone goes to Hawaii. So, if DL is not an option for you, could you please go to Maui or Oahu instead? lol __________________ Fun with a dark room, a camera, and a flashlight My Countdown Counting down to: Next DL trip 4 days 19 hours 2 minutes

02-14-2008, 10:38 PM	#21 (permalink)
PeoplemoverMatt Will Work for Peoplemover Asteroids Champion! Hexxagon Champion! Breakout Champion! Alphabet Soup Champion! Asteroid Avalanche Champion! Bombs Away Champion! Flying Gonzo Champion! Moon Lander Champion! ABC wordgame Champion! 1-i Champion! 501 Darts Champion! Join Date: Sep 2004 Location: Valencia, CA Posts: 4,354 Images: 17 My Mood:	Paying bills isn't really defeating the purpose. Using that money now frees up other money later that now won't be spent thanks to this rebate. I'd like to see more tax breaks given to the income bracket of the most small business owners (whose business gets taxed on their individual return) to help them out, but this is good stimulus as well. Happy something's being done. -- PMM __________________ "I don't believe in taking foolish chances, but nothing can be accomplished without taking any chance at all." -- Charles Augustus Lindberg "Our greatest natural resource is the minds of our children." -- Walter Elias Disney "So are we to continue in sin that grace might increase? May it never be! How shall we who died to sin still live in it? Or do you not know that all of us who have been baptized into Christ Jesus have been baptized into His death? Therefore we have been buried with Him...so we too might walk in the newness of life." -- Romans 6:1-4

02-15-2008, 10:37 PM	#22 (permalink)
BCC Toy Story Insaniac Join Date: Mar 2006 Location: Used to live in Canada. Now D-land. Canadian Citizen. Posts: 1,930 Images: 14	Only US citizens....not residents? __________________ Dream Fastpasses won:11. Dream Fastpasses "won" 86(11/26/08) Total times on Screamin:141 Highest score on TSM (BCC) 441,100 (425,400) (EJC) 376,400(342,700) I got to ride TSM 10 days before opening!!! (June 7,2008) (Ride Count: 231) Top Midway Insaniac for the month of: August(425,400) September(411,200) October (407,100) November (441,100) Times broken 400,000 : 13 www.youtube.com/CptBingo Check out my crowd report! Updated after each of my visits! Guest Average for BLAB: 65,500 TSM: 120,000 My Countdown Counting down to: The timer hitting zero 4411 days 13 hours 2 minutes

02-16-2008, 12:03 AM	#23 (permalink)
ah92us Welcome to Disneyland! :D Join Date: Jun 2005 Location: Fremont, CA Posts: 422 My Mood:	^ I think residents also get it. Just not illegal immigrants. Anyways, money makes the world go 'round! __________________ *Disneyland Resort--* *Walt Disney World Resort* *Tokyo Disney Resort* *Paris Disneyland Resort* *Hong Kong Disneyland Resort* ah92us-- "The Happiest Place on Earth" Last edited by DaddyB; 01-03-2008 at 07:39 PM.

02-16-2008, 12:53 PM	#24 (permalink)
kairamoon Join Date: Sep 2005 Location: Denver baby! Posts: 1,676 Images: 39 My Mood:	It's anybody who filed a 2007 tax return and who can't be claimed as a dependant for the most part. But you need a social security number to file. __________________

02-17-2008, 08:56 AM	#25 (permalink)
Happy11 Join Date: Jun 2005 Location: Mt Vernon, Wash Posts: 54 Images: 5 My Mood:	And it is coming from your 2008 year tax return (a loan against it). So it will be deducted from it that at time. In other words, if you get a rebate of $600 this year and then add that to your normal return of say $600. You will have $1200 this year. BUT when you file your return for 2008 and get your normal return of say $600, then they deduct what they have given you this year. GUESS WHAT? Yep. No money back next year. We really didnt think this was FREE money did we? It is just an early Loan against your 2008 taxes. Which really stinks. __________________ SMILE! It makes people wonder what you are up too!

02-17-2008, 06:06 PM	#27 (permalink)
adrianne Crazy Cat Lady Join Date: Apr 2006 Location: Wine Country - Sonoma County, California Posts: 1,769 Images: 10 My Mood:	...ain't no such thing as a free lunch. Bummer. __________________ Come join us! (You must be 18 years of age or older) Remember that NOT getting what you want is sometimes a wonderful stroke of luck Last edited by ryguy222; 01-04-2008 at 05:33 PM.

02-18-2008, 07:25 PM	#29 (permalink)
kairamoon Join Date: Sep 2005 Location: Denver baby! Posts: 1,676 Images: 39 My Mood:	You will get it. But if you were to say, not make enough to qualify you for the $600 well you still get it! If they mess up in your favor you get extra money but if they mess up against you then there is no penalty. __________________

02-19-2008, 07:41 PM	#30 (permalink)
PeoplemoverMatt Will Work for Peoplemover Asteroids Champion! Hexxagon Champion! Breakout Champion! Alphabet Soup Champion! Asteroid Avalanche Champion! Bombs Away Champion! Flying Gonzo Champion! Moon Lander Champion! ABC wordgame Champion! 1-i Champion! 501 Darts Champion! Join Date: Sep 2004 Location: Valencia, CA Posts: 4,354 Images: 17 My Mood:	I'm making this real easy on myself - I'm not expecting to get squat. That way, if I don't get anything, I won't be surprised, but if I do, bonus! -- PMM __________________ "I don't believe in taking foolish chances, but nothing can be accomplished without taking any chance at all." -- Charles Augustus Lindberg "Our greatest natural resource is the minds of our children." -- Walter Elias Disney "So are we to continue in sin that grace might increase? May it never be! How shall we who died to sin still live in it? Or do you not know that all of us who have been baptized into Christ Jesus have been baptized into His death? Therefore we have been buried with Him...so we too might walk in the newness of life." -- Romans 6:1-4