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Welcome to the tax streamlining and simplification act of 2001 (smile)!

My question has to do with the "rebate". I'm a graduate student, and expect to have my M.A. completed sometime in August. My tax bill for last year was $458.

I'll get to the point and ask the obvious questions. (1) Am I going to receive a check for 1/3 of that? (2) How does this affect my tax return for next year?


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