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Author: lorenzo2 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121316  
Subject: Re: Tax Rebate for non-residents Date: 8/12/2001 2:17 PM
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A quick follow-up: assuming that I file as a single and earn more than $6000, will I have the full 10% bracket? Or will the fact that this became law on 7/1/00 mean that I only have half of the bracket?

The 10% bracket is retroactive to the first of the year, and that's where the $300 comes from. A 15% rate on $6000 is $900, and a 10% rate is $600. The $300 difference is the rebate.
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