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Originally Posted by Sunnyd It hasn't passed the Senate. From what I've read and been told (I'm a CPA it's a big discussion at our office) it will be FREE money. You won't have to include it on your 2008 taxes and it doesn't reduce any credits. We'll see. I expect it to be reduced a little more before it makes it to Bush's desk. When Pres. Bush proposed the plan, it was $800 and 1600 but it excluded working people who paid no taxes. Hopefully, it will make to Bush's desk by the middle of the month. |
Wow that would be great if we didn't have to include it on our 2008 taxes. Someone else said, "Vegas, baby". Yes that's what we plan to do with our money if we get it, another trip out to visit our son in Las Vegas.