1、Order Code RS22832March 13, 2008A Fact Sheet on the Economic StimulusRebate for Social Security and Veterans Benefit RecipientsJanemarie Mulvey and Christine ScottDomestic Social Policy DivisionSummaryThe Economic Stimulus Act of 2008 (P.L. 110-185) will provide a tax rebate to(1) taxpayers with a (
2、net) federal tax liability and (2) certain other eligible individualsand families. For the first group, taxpayers with a net tax liability, the rebate will becalculated by the Internal Revenue Service (IRS) on the basis of the tax return theywould file this year. The second group, many of whom would
3、 normally not have to file a tax return thisyear, will need to file a tax return to receive an economic stimulus rebate. The secondgroup includes many recipients of monthly Social Security benefits and certain veteransbenefits paid by the Department of Veterans Affairs (VA). This report providesinfo
4、rmation for Social Security beneficiaries and Veterans benefit recipients and theirfamilies on eligibility for the rebate, the rebate amount, and how they can receive aneconomic stimulus rebate. This report will not be updated.Who Is Eligible for the Economic Stimulus Rebate? Individuals and familie
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