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Author: suranyi Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 122846  
Subject: Re: Tax Rebate? Date: 1/29/2002 1:34 PM
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HendrikJanF

TaxCut is most likely correct. The problem is that you're thinking about it the wrong way around.

TaxCut assumes that you DIDN'T get the rebate check unless you say that you did. In other words, the default is for there to be a $600 credit on line 47 of the tax return, which only goes away when you say that you got the rebate check.

It's just a quirk of the mathematical way they set up the questions.

Ed Suranyi
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