Now that nearly 800 billion dollars in stimulus bill has been signed
and sealed, what will it deliver to families? Here are a few areas
that might soon be improved in your life post-stimulus:
Housing:
For
couples who make less than $150,000 a year, buying a house before 31
December 2009 will result in an $8,000 tax credit in your 2009 return.
Considering how prices are falling in the housing market, this
incentive might just help folks who couldn't have considered buying
during the boom get something now, even though times are tough. And to
make sure the benefit goes to real owner-occupiers, and not investors,
those who sell the home again before three years will have to pay back
the credit.
Healthcare:
For those out of work trying to maintain difficult COBRA payments
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