You could receive as much as $2100.00 in tax rebates from the federal government for 2008.  This rebate is part of a federal simulus package intended to boost consumer spending.  For those looking to maximize the benefit received from the federal tax rebate, check out 6 Smarter Ways to Spend Your Rebate.  Suggestion include making an extra mortgage payment.  An extra payment of $1,000 today could save you $4,000 over the life of a loan on a 30-year fixed 7% rate.

Tax Rebate Proposed Schedule:

Married with 3 children - $2100

Individuals with Gross Income up to $75,000 - $600

Married Filing Jointly with an AGI up to $150,000 - $1200.00

Taxpayers with children receive additional $300/child

Workers who earned income of at least $3,000 - $300

Couples who earned income of at least $3,000 -$600

For More Information, visit:  Tax Rebate 2008


Dallas Texas Real Estate