I read it somewhere…here is something I just dug up
If you have kids you get an extra $300 per kid under 17
http://crowley.house.gov/news/record.asp?id=1106
Q: Is there a maximum income limit to be eligible for rebates?
A: The rebate checks are subject to be phased out for taxpayers with an Adjusted Gross Income (AGI) in excess of $75,000 (or $150,000 married filing jointly). The phase-out is a decrease in benefits equaling approximately $50 per $1,000 in income over the threshold limit. (See charts below)
Phase-out Limits for Rebate Checks
The rebate checks are subject to be phased out for taxpayers with an Adjusted Gross Income (AGI) in excess of $75,000 (or $150,000 married filing jointly). The phase-out is a decrease in benefits equaling approximately $50 per $1,000 in income over the threshold limit.
How would the Phase-Out work in real world terms?
SINGLE, NO CHILDREN (filing alone – no children)
Adjusted Gross Income Rebate amount
$75,000 $600
$76,000 $550
$77,000 $500
$78,000 $450
$79,000 $400
$80,000 $350
$81,000 $300
$82,000 $250
$83,000 $200
$84,000 $150
$85,000 $100
$86,000 $50
$87,000 zero rebate