Are federal tax rebates tax free?

Answer Federal tax rebates are tax-free. The United States government does not consider the money it returns to taxpayers as income. Because of this, the government does not inclulde it when calculating i... Read More »

Top Q&A For: Are federal tax rebates tax free

Are car rebates taxed?

Rebates car dealers received by participating in the government's Cash for Clunkers program will owe taxes on the rebates. Consumers are not taxed on car rebates. However, when determining the car'... Read More »

What are mail-in rebates?

A mail-in rebate is an incentive offered to consumers. After purchase, the buyer must mail or email a form, receipt and UPC symbol to receive money back in the form of a check or a promotional cred... Read More »

IRS Rebates for Tax Payers With Children?

Tax rebates and credits are used by the U.S. taxpayers to reduce their annual tax liability. The taxpayers with children have even more opportunities to take advantage of the available IRS tax cred... Read More »

Can I e-file my federal taxes for free?

According to the Internal Revenue Service, individual taxpayers whose income was $57,000 or less in 2009 are granted access to the Free File program, which allows eligible taxpayers to file their t... Read More »