<DIV>Bev,</DIV> <DIV> </DIV> <DIV>Thanks for explaining that. I was getting the tax credit and deduction confused as the same thing. But this makes since to me now. Thanks.</DIV> <DIV> </DIV> <DIV>Best Regards,</DIV> <DIV> </DIV> <DIV>Donovan<BR><BR><B><I>Bev Bafus <bevbafus@verizon.net></I></B> wrote:</DIV> <BLOCKQUOTE class=replbq style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #1010ff 2px solid"> <META content="MSHTML 6.00.2900.3268" name=GENERATOR> <DIV><SPAN class=484133313-09052008><FONT face=Arial color=#0000ff size=2>Donovan-</FONT></SPAN></DIV> <DIV><SPAN class=484133313-09052008><FONT face=Arial color=#0000ff size=2>You can claim your child as a dependent until they are 24 if they are in school full time, or practically forever if they are disabled.</FONT></SPAN></DIV> <DIV><SPAN class=484133313-09052008><FONT face=Arial color=#0000ff size=2></FONT></SPAN> </DIV> <DIV><SPAN class=484133313-09052008><FONT
face=Arial color=#0000ff size=2>However, you do not get a child tax credit starting the year they turn 17. The deduction and credit are two separate things.</FONT></SPAN></DIV> <DIV><SPAN class=484133313-09052008><FONT face=Arial color=#0000ff size=2></FONT></SPAN> </DIV> <DIV><SPAN class=484133313-09052008><FONT face=Arial color=#0000ff size=2>The criteria for extra money with the rebate follows the child tax credit rules.</FONT></SPAN></DIV> <DIV><SPAN class=484133313-09052008><FONT face=Arial color=#0000ff size=2></FONT></SPAN> </DIV> <DIV><SPAN class=484133313-09052008><FONT face=Arial color=#0000ff size=2>Sandra is right.</FONT></SPAN></DIV> <DIV><SPAN class=484133313-09052008><FONT face=Arial color=#0000ff size=2></FONT></SPAN> </DIV> <DIV><SPAN class=484133313-09052008><FONT face=Arial color=#0000ff size=2>Thanks</FONT></SPAN></DIV> <DIV><SPAN class=484133313-09052008><FONT face=Arial color=#0000ff size=2>Bev</FONT></SPAN></DIV>
<BLOCKQUOTE> <DIV class=OutlookMessageHeader dir=ltr align=left><FONT face=Tahoma size=2>-----Original Message-----<BR><B>From:</B> vision2020-bounces@moscow.com [mailto:vision2020-bounces@moscow.com]<B>On Behalf Of </B>Donovan Arnold<BR><B>Sent:</B> Thursday, May 08, 2008 9:44 PM<BR><B>To:</B> Saundra Lund; 'Paul Rumelhart'; 'Vision2020'<BR><B>Subject:</B> Re: [Vision2020] rebate checks<BR><BR></FONT></DIV> <DIV>That is really strange it was not all over the news.</DIV> <DIV> </DIV> <DIV>Best Regards,</DIV> <DIV> </DIV> <DIV>Donovan<BR><BR><B><I>Saundra Lund <sslund_2007@verizon.net></I></B> wrote:</DIV> <BLOCKQUOTE class=replbq style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #1010ff 2px solid"> <META content="Microsoft Word 12 (filtered medium)" name=Generator> <STYLE>@font-face { font-family: Wingdings; } @font-face { font-family: Cambria Math; } @font-face { font-family: Calibri; } @font-face { font-family: Tahoma; }
@page Section1 {size: 8.5in 11.0in; margin: 1.0in 1.0in 1.0in 1.0in; } P.MsoNormal { FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman","serif" } LI.MsoNormal { FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman","serif" } DIV.MsoNormal { FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman","serif" } A:link { COLOR: blue; TEXT-DECORATION: underline; mso-style-priority: 99 } SPAN.MsoHyperlink { COLOR: blue; TEXT-DECORATION: underline; mso-style-priority: 99 } A:visited { COLOR: purple; TEXT-DECORATION: underline; mso-style-priority: 99 } SPAN.MsoHyperlinkFollowed { COLOR: purple; TEXT-DECORATION: underline; mso-style-priority: 99 } P { FONT-SIZE: 12pt; MARGIN-LEFT: 0in; MARGIN-RIGHT: 0in; FONT-FAMILY: "Times New Roman","serif"; mso-style-priority: 99; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto } SPAN.EmailStyle18 { COLOR: #1f497d; FONT-FAMILY: "Calibri","sans-serif";
mso-style-type: personal-reply } .MsoChpDefault { mso-style-type: export-only } DIV.Section1 { page: Section1 } </STYLE> <DIV class=Section1> <DIV class=MsoNormal><SPAN style="COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'">Sadly, my accountant is the one who informed me </SPAN><SPAN style="COLOR: #1f497d; FONT-FAMILY: Wingdings">L</SPAN><SPAN style="COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"> I don’t know when the change was made.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p></SPAN></DIV> <DIV class=MsoNormal><SPAN style="COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"><A href="http://www.irs.gov/taxtopics/tc606.html">http://www.irs.gov/taxtopics/tc606.html</A><o:p></o:p></SPAN></DIV> <DIV class=MsoNormal><SPAN style="COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"><o:p> </o:p></SPAN></DIV> <DIV class=MsoNormal><SPAN style="COLOR: #1f497d; FONT-FAMILY:
'Calibri','sans-serif'"><o:p> </o:p></SPAN></DIV> <DIV class=MsoNormal><SPAN style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'">Saundra Lund<o:p></o:p></SPAN></DIV> <DIV class=MsoNormal><SPAN style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'">Moscow, ID<o:p></o:p></SPAN></DIV> <DIV class=MsoNormal><SPAN style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"><o:p> </o:p></SPAN></DIV> <DIV class=MsoNormal><SPAN style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'">The only thing necessary for the triumph of evil is for good people to do nothing.<o:p></o:p></SPAN></DIV> <DIV class=MsoNormal><SPAN style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'">~ Edmund Burke<o:p></o:p></SPAN></DIV> <DIV class=MsoNormal><SPAN style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"><o:p> </o:p></SPAN></DIV> <DIV
class=MsoNormal><B><SPAN style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'">***** Original material contained herein is Copyright 2008 through life plus 70 years, Saundra Lund. Do not copy, forward, excerpt, or reproduce outside the Vision 2020 forum without the express written permission of the author.*****<o:p></o:p></SPAN></B></DIV> <DIV class=MsoNormal><SPAN style="COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"><o:p> </o:p></SPAN></DIV> <DIV style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: #b5c4df 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 3pt; BORDER-BOTTOM: medium none"> <DIV class=MsoNormal><B><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: 'Tahoma','sans-serif'">From:</SPAN></B><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: 'Tahoma','sans-serif'"> Donovan Arnold [mailto:donovanjarnold2005@yahoo.com] <BR><B>Sent:</B> Wednesday, May 07, 2008 11:54 PM<BR><B>To:</B>
Saundra Lund; 'Paul Rumelhart'; 'Vision2020'<BR><B>Subject:</B> Re: [Vision2020] rebate checks<o:p></o:p></SPAN></DIV></DIV> <DIV class=MsoNormal><o:p> </o:p></DIV> <DIV> <DIV class=MsoNormal>Saundra,<o:p></o:p></DIV></DIV> <DIV> <DIV class=MsoNormal> <o:p></o:p></DIV></DIV> <DIV> <DIV class=MsoNormal>I believe that you can keep your children on your tax returns until 21 or 23 if they are still in school. I would ask your tax people on that one. If not, they changed the law recently.<o:p></o:p></DIV></DIV> <DIV> <DIV class=MsoNormal> <o:p></o:p></DIV></DIV> <DIV> <DIV class=MsoNormal>Best Regards,<o:p></o:p></DIV></DIV> <DIV> <DIV class=MsoNormal> <o:p></o:p></DIV></DIV> <DIV> <DIV class=MsoNormal>Donovan<BR><BR><B><I>Saundra Lund <sslund_2007@verizon.net></I></B> wrote:<o:p></o:p></DIV></DIV> <BLOCKQUOTE style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; MARGIN-TOP: 5pt; PADDING-LEFT: 4pt;
MARGIN-BOTTOM: 5pt; PADDING-BOTTOM: 0in; MARGIN-LEFT: 3.75pt; BORDER-LEFT: #1010ff 1.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"> <DIV class=MsoNormal style="MARGIN-BOTTOM: 5pt; MARGIN-LEFT: 9pt; MARGIN-RIGHT: 0.5in; mso-margin-top-alt: 5.0pt">I will be using mine to partially reimburse myself for the increased taxes I<BR>had to pay on income that was income on paper only :-( Oh, and for those<BR>who don't know, parents lose the child credit the tax year in which their<BR>child turns 17, not 18, which was another unpleasant surprise.<BR><BR>And, once I partially reimburse myself, I'll be able to get the new glasses<BR>I'd budgeted for before the feds and state raped me. Depressingly, I've<BR>reached the age where I'm going to need progressive lenses -- I'd hoped to<BR>be able to hold out until I hit 50, but that didn't happen. <BR><BR>I'd not have a single complaint about having to hand over more money on<BR>paper income it we had universal health care,
though.<BR><BR><BR>Saundra Lund<BR>Moscow, ID<BR><BR>The only thing necessary for the triumph of evil is for good people to do<BR>nothing.<BR>~ Edmund Burke<BR><BR>***** Original material contained herein is Copyright 2008 through life plus<BR>70 years, Saundra Lund. Do not copy, forward, excerpt, or reproduce outside<BR>the Vision 2020 forum without the express written permission of the<BR>author.*****<BR><BR><o:p></o:p></DIV></BLOCKQUOTE></DIV>=======================================================<BR>List services made available by First Step Internet, <BR>serving the communities of the Palouse since 1994. <BR>http://www.fsr.net <BR>mailto:Vision2020@moscow.com<BR>=======================================================</BLOCKQUOTE><BR> <DIV> <HR SIZE=1> Be a better friend, newshound, and know-it-all with Yahoo! Mobile. <A href="http://us.rd.yahoo.com/evt=51733/*http://mobile.yahoo.com/;_ylt=Ahu06i62sR8HDtDypao8Wcj9tAcJ">Try it now.</A>
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