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Do You Remember to Send in Rebates?
Rebates are one of the ways retailers entice us to proceed with a purchase and offer ourselves some soothing rationalization for doing so. We calculate the rebate when figuring an item's total, yet in the end many of us end up paying full price.
According to consulting firm Vericours, 40 percent of rebates go unredeemed, meaning our forgetfulness / laziness / apathy gives retailers a big win.
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What Exactly Is a Rebate Check?
A lot of questions have been trickling in about the rebate check since President Bush finalized the bill for the economic stimulus package on Wednesday. The most common questions have to do with whether or not you qualify to receive one and what exactly a rebate check is. To find out what the rebate check is all about just read more
Do You Buy Gadgets Because They Come With a Rebate?
Love a good deal? Canon has added a few amazing rebates on their DSLRs and lenses, and I automatically thought: I could use a new lens for my canon SLR.
Was I shopping for one?
Tax Rebates Could Clue You in to Your Co-Worker's Paycheck
Tax rebates started making their way into taxpayers' bank accounts on Monday, and because the amount of your check is based on household income Fortune points out that keeping your ears open during this time could clue you into your co-workers' ballpark salaries. Of course, they'd have to drop the amount of their check into conversation and you'd have to know their personal details like if they're married or not and if they have dependents.
The vast majority of you think that talking about salary with co-workers is a big no-no, but if you're really dying to know this could be a way for you to determine about how much your co-workers are making without asking them outright.
Your State May Tax Your Rebate Check
Just when you thought you were getting the hang of this whole rebate check thing, some states are adding more confusion to the mix by announcing that they'll be taxing the federal stimulus checks. Your rebate check won't be taxed on the federal level, but your state could decide to tax the checks as part of your personal income tax. Many states haven't reached a decision one way or another, and it's possible that they won't have any news in this regard until tax time next year when we're filing our 2008 taxes.
Your Pink Slip Could Qualify You For a Rebate Credit
Just when we'd all but forgotten about those rebate checks many of us received this Summer, the subject is coming up again now that we are approaching the year's end. Now is the time when many Americans begin to organize their documents for the upcoming tax season — can you believe the April deadline is just five months away? As you are entertaining the idea of filing your tax return, keep in mind that there could be more money headed your way than you'd thought.
What to Do If You Received Too Big of a Rebate Check
You'd think the issuance of rebate checks would be smooth considering this isn't the first year they've been sent to encourage taxpayers to spend, but there have been several bumps in the road to stimulation. While this error certainly isn't as bad as sending rebate checks to incorrect bank accounts, it does require the attention of those rightfully receiving payment.
Several Americans have been overpaid with doubled rebate checks while many others are still waiting to receive their checks.
How Other People Spent Their Rebate Check
Millions of Americans have already received their rebate checks and have decided the fate of their government-sponsored windfalls. Predictably, my rebate check went straight to my credit card, but other people found more exciting ways to spend their checks and documented their choices on a website called How I Spent My Stimulus Check. Complete with photos, rebate check receivers shared their spending choices for anyone who cares to see.
Didn't Get Your Rebate Check Deposit Yet? You May Be Waiting Until July
The IRS has run into a few snafus in sending out rebate checks on a supposedly earlier than planned schedule, and the most recent glitch may have some people who were counting on that check feeling rather frustrated. According to South Florida's Sun-Sentinel and Miami's CBS4, if you didn't see your payment deposited into your bank account by May 16, you may have to wait until as late as July 11 to receive your check and it will come in the form of a paper check. That is, if your rebate wasn't mistakenly deposited into someone else's bank account.
When to Expect Your Rebate Check
The IRS has put together a schedule for when you'll be receiving your economic stimulus rebate check. The schedule is based on the last two digits of your Social Security number, so if you're filing jointly use the primary filer’s Social Security number to figure out where you fit on the schedule. It's possible that the IRS won't exactly meet the projected dates since 130 million households are eligible to receive the rebate check, but at least you can start planning ahead for that hefty credit card payment, savings deposit, vacation fund deposit, or shopping trip.
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