My wife and I both work and we have a 17year old son still in high school.
He will not be 18 until later the 2008 year.

Will we receive any rebate for him as well as ourselves ?

Yes, you will receive a rebate for him, this amount is a $300 for your child. The amount of your entire rebate will depend on your filing status and income circumstances.

Please review the link below to determine how much you will get.
How Much Rebate will taxpayers get in 2008?

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.