Congress just passed an economic rescue package that includes tax rebates to individuals. The rebates of $600 to $1,200 depend on filing status, dependents and Adjusted Gross Income. For those that are eligible, the only way to receive the rebate is to file your tax return.

The phase out begins at AGI of $75,000 for single taxpayers and $150,000 for married taxpayers filing jointly.

A recent USA Today article in the question and answer format is helpful for general questions:
USA Today on tax rebate

For more, there have been many good articles, such as in the February 15th NY Times. If you need to know more, contact us please.