http://militaryfinancenetwork.com/2009/03/09/2009-economic-stimulus-plan-benefits/ Personal finance for military, veterans, and their families Thu, 11 Mar 2010 16:37:14 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://militaryfinancenetwork.com/2009/03/09/2009-economic-stimulus-plan-benefits/comment-page-1/#comment-2239 josh alexander Mon, 01 Feb 2010 05:20:58 +0000 http://militaryfinancenetwork.com/?p=253#comment-2239 I just filed my taxes and there was an issue regarding the $250 one time payment for "Making Work Pay" tax credit for veterans on disability. Once I corrected my return and showed that I had received the tax credit, my return dropped $250. It seems as though the government just borrowed that money and just got it back. Am I missing something here? I just filed my taxes and there was an issue regarding the $250 one time payment for “Making Work Pay” tax credit for veterans on disability. Once I corrected my return and showed that I had received the tax credit, my return dropped $250. It seems as though the government just borrowed that money and just got it back. Am I missing something here?

]]> http://militaryfinancenetwork.com/2009/03/09/2009-economic-stimulus-plan-benefits/comment-page-1/#comment-1631 Barbara Thu, 09 Jul 2009 04:02:09 +0000 http://militaryfinancenetwork.com/?p=253#comment-1631 "New car buyer’s tax credit" It is a CREDIT, not a deduction. A credit is better than a deduction. You do not need to itemize to get this credit. Since it is not a deduction, it is not proper to call it an "above-the-line" deduction. “New car buyer’s tax credit”
It is a CREDIT, not a deduction. A credit is better than a deduction. You do not need to itemize to get this credit. Since it is not a deduction, it is not proper to call it an “above-the-line” deduction.

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