Just want to give a heads up to those of you who receive the proposed $800 tax "Rebate". If it's the same as the 2001 tax rebate then it will not be extra money, it will be deducted from your tax return. The last rebate was just a cash advance on your tax returns.
This wasn't told to the public and caused financial problems for those expecting a certain amount back for their refund to pay bills. That was the only year my son had to pay the IRS (he always get a refund).
I'm hoping they don't do the same thing but, since they are calling it a tax rebate again, I'm guessing it's the same thing. If you get it, please keep that in mind.
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