# Your $800/$1,600?

**URL:** <https://forums.speedlife.net/t/your-800-1-600/194951>\
**Category:** PittSpeed Off Topic\
**Created:** [January 21, 2008, 1:25pm UTC](https://forums.speedlife.net/t/your-800-1-600/194951 "2008-01-21T13:25:19Z")\
**Posts on this page:** 1\
**Showing post:** 104

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**Author:** ![tjZ28](https://avatars.discourse-cdn.com/v4/letter/t/9de0a6/32.png) [@tjZ28](https://forums.speedlife.net/u/tjZ28)\
**Post date:** [February 19, 2008, 11:24am UTC](https://forums.speedlife.net/t/your-800-1-600/194951/104 "2008-02-19T11:24:00Z")

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> [@Lambos are hot...](https://forums.speedlife.net/t/lambos-are-hot/35002/3):
>
> so of course everyone on here makes over 3,000 a year. so most of us will be getting $600 per person?

Not exactly. There’s a cap too. :doh:

> [@Motion to Add Real estate and Housing forum](https://forums.speedlife.net/t/motion-to-add-real-estate-and-housing-forum/34975/26):
>
> Correct me if I’m wrong, but isn’t this an advance on a new 2008 credit, not an advance on the same amount that would have been calculated in 2007? As opposed to an advance that would require you to change your withholdings?

So if you don’t qualify for the “advance” you may still receive the credit at the end of the tax year?

-TJ

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