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How much can I expect from the economic stimulus plan’s tax rebate?

We’ve received dozens of questions about the proposed economic stimulus plan and the rebates for taxpayers and businesses. The deal includes rebate checks for most U.S. taxpayers, but it must still be approved by the Senate and signed by President Bush. This calculator can help you estimate your potential rebate. Editor’s note: On Thursday, Feb. 7, both houses of Congress passed a revised $168 billion economic stimulus bill that includes some changes to the original House proposal, on which this calculator is based. If you have further questions, or would like more details on the rebate process, the Internal Revenue Service has set up a page on their Web site to house rebate information — their site provides more details, including information for recipients of Social Security benefits. You can also read the text of the final bill presented to President Bush on the Library of Congress Web site.

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