BILL CHERRY'S GREATEST DALLAS PARK CITIES REAL ESTATE BLOG: THE ELDERLY AND THE 1 TIME TAX REBATE -- IMPORTANT INFORMATION

THE ELDERLY AND THE 1 TIME TAX REBATE -- IMPORTANT INFORMATION

 

Many retired as well as many disabled people do not file annual income tax returns because they are not required to. 

Primarily it's those people who have little to no income other than their Social Security benefits; those people who would not owe federal income tax.

Apparently the IRS has not figured out a way to identify them when the one time tax rebate is sent out beginning this May.

Be sure your elderly relatives and friends are aware of this.  They will need to at least file the short form by April 15th.  If anyone can use this rebate, it is they.

 

BILL CHERRY REALTORS

DALLAS, TEXAS

214 503-8563

4 comments • BILL CHERRY • April 05 2008 07:21AM

Comments

Very good point Bill.  We are trying to get the word out here as well because many of these individuals have not filed tax returns in years.  So we need let as many of them know that they need to file by April 15.
Posted by Huntsville Alabama Real Estate Agent, Kimberly Grant (Exit Leon Crawford Realty) almost 4 years ago
I bet there are many who aren't aware about that Bill...great helpful information
Posted by Joan Mirantz GRI CBR SRES- Concord New Hampshire Realtor (Homequest Real Estate) almost 4 years ago
I bet there are many who aren't aware about that Bill...great helpful information
Posted by Joan Mirantz GRI CBR SRES- Concord New Hampshire Realtor (Homequest Real Estate) almost 4 years ago

Thanks Bill for posting this information. We are trying to identify and help some of these people through our church and senior center. Some are living on very little and would be so appreciative for the extra money. There are  so many seniors in need and at this stage of their liFe are not able to work.

GOD BLESS TEXAS

Posted by CARL & CEIL WINTERS Canyon Lake/New Braunfels /San Antonio (Complete Inspection Service) almost 4 years ago

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