What do taxpayers have to do to get their tax rebates? - USATODAY.com
Q: I understand there's an income phaseout for the rebate. How will that work?
A: The rebate will phase out for single taxpayers with adjusted gross income of more than $75,000 and married couples with AGI over $150,000. The phaseout will be 5% of the amount that exceeds the income threshold. If, for example, you're married with no children and have AGI of $160,000, the phaseout would shrink your $1,200 rebate to $700.