Quote:
I hear there is an income cut off point on those checks is that accurate? Someone told me I am screwed


If you're single and had an Adjusted Gross Income of more than $75,000 or married with more than $150,000... you won't get screwed completely... you'll get a calculated percentage less than the maximum amounts of $600 for single, $1,200 married. I think you get the $300 per child claimed as a dependant on your 1040 no matter what though?

You can go to www.irs.gov to get your questions answered.

Quote:
Is it true that these rebate checks are going to be taxed as income in '08?


I'm pretty sure NO.
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