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The ONLY rebate that is being sent OUT for the year 2010 is going to CERTAIN (SOME) taxpayers that have the Medicare prescription drug coverage when they enter the DONUT HOLE in the year 2010 for their drug costs.
If you have Medicare prescription drug coverage, and aren't already getting Medicare Extra Help, Medicare will automatically send you a tax free, one-time $250 rebate check after you reach the coverage gap (also called the "donut hole") in 2010.


The Affordable Care Act passed by Congress and signed by President Obama this year contains some important benefits for Medicare recipients. If you have Medicare prescription drug coverage, and aren't already getting Medicare Extra Help, Medicare will automatically send you a tax free, one-time $250 rebate check after you reach the coverage gap (also called the "donut hole") in 2010. This rebate is the first step toward closing the Medicare prescription drug coverage gap

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12y ago

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Related Questions

What government entity handles a tax rebate?

Wondering what Government entity handles a tax rebate? A tax rebate is money that is given back. The tax rebate is handled by the IRS government entity.


Is there a sales tax on a automotive factory rebate?

No the rebate is deducted prior to sales tax being totaled.


Is tax included when you get a rebate?

No.


What is the tax rebate?

Non-existent.


Can you get all your tax rebate back?

NO. There is no way to get a rebate check back for any reason.


What is the tax rebate w4?

Non-existent.


When US families received a tax rebate check from the Internal Revenue Service (IRS). Why were tax rebate checks distributed?

To make sure they are paid.


If federal tax refund is subject to garnishment what about this tax rebate?

I remember in 2001 when they last did this type of rebate check, that part of our check was kept as garnishment for student loan payment. So more then likely they can and will keep this rebate check to offset any federal payment that is due. ------------- For offset purposes, the stimulus payment is treated like any other tax refund. This means that part or all of your payment can be used to pay past-due federal or state income taxes or non-tax federal debt such as student loans and child support.


Do you get ferderal and state tax rebate together at once?

no


Will you have to pay back this tax rebate?

NO. ACTUALLY YES.. THE REBATE IS BASED ON A ONE-TIME TAX CUT. IT IS ONLY AN ADVANCE ON YOUR 2008 RETURNS. No. The CNN article that made this claim was edited, and no longer mentions the "advance, not rebate" position.


What are the release dates for The Hathaways - 1961 Income Tax Rebate - 1.5?

The Hathaways - 1961 Income Tax Rebate - 1.5 was released on: USA: 3 November 1961


How do you claim rebate on house insulation?

It`s not a rebate, it is a tax credit. So you have to wait until you file your taxes.