1. All Popular Articles
  2. Popular Articles - Taxes
Q

Stimulus Rebate

Chicago, IL

I'm preparing my own taxes and the software i'm using is asking if I rec'd the stimulus rebate. I answered yes and typed in the amount. This reduced my amount of my refund but when I click on the "Explain this" link, it states "this credit does not need to be repaid nor subtracted from your 2008 tax refund". My question then is why is it reducing my 2008 refund amount? Did I miss something?

Read the entire question and 3 answers