Filing back returns: 2008 recovery rebate?

quickcanuck · Post by **quickcanuck** » Mon Aug 01, 2011 11:45 am

I am preparing returns for 08, 09, and 10, and it appears no tax is due, so I'm hoping this will be enough to get me onside with the IRS. One strange item - Quicktax is telling me I am entitled to a $300 "Recovery Rebate" in 2008 - is that for real?

nelsona · Post by **nelsona** » Tue Aug 02, 2011 7:35 pm

Why not? You never got a check did you? You are probably entitled. Plus $1000 for each kid you have.

MGeorge · Post by **MGeorge** » Thu Jul 12, 2012 10:13 am

Ah - I just found it, line 70 on the 1040. I'll have to check to see if the accountant I hired filled this in. I wonder if I can file an amended return to claim it?

nelsona · Post by **nelsona** » Thu Jul 12, 2012 11:11 am

Yes, but I would do this before October, based on time limit.

MGeorge · Post by **MGeorge** » Thu Jul 12, 2012 12:58 pm

Hi Nelsona, Sorry, I meant to post this on the "poetic justice" thread - but thanks for responding. Is the time limit in my case this October?
I thought that if I file an amended 2008X, the limit for refunds is 3 years after the due date of the 2008 return, so wouldn't my limit be April 15, 2012? I might just try anyway and see what happens.

nelsona · Post by **nelsona** » Thu Jul 12, 2012 2:13 pm

The limit is three years plus automatic extensions, which would be October.

nelsona · Post by **nelsona** » Thu Jul 12, 2012 4:05 pm

Just to be precise, it is three years after the original deadline including extensions, which would be 3 years after oct16, 2009.

MGeorge · Post by **MGeorge** » Thu Jul 12, 2012 5:33 pm

Thank you nelsona - I'm going send this in right away.