2008 Tax Rebate Check Calculator
Below is a Tax Rebate Check Calculator provided by PBS and the NewsHour with Jim Lehrer. The NewsHour created this tax rebate calculator at the end of January when the bill had just made it's way through the House, but was still making it's way through the Senate. The legislation has since been passed and signed into law and this calculator may not reflect any last minute changes to the bill.
Do not use this calculator to estimate either what you might owe or what you might get as a refund on your 2007 Federal income tax return. If you want to estimate your 2007 income tax return, use this Online Tax Calculator provided on 1040.com by our friends at Drake Software.
Remember this is only an estimate based upon the proposed legislation which has changed since this calculator was created. It has come to our attention that there are now some tax situations where this calculator will give an incorrect result.
