Essential, the tax stimulus payment received in 2008 was against a new tax credit that will appear on your 2008 form 1040 for those filing in 2009. The amount of the new tax credit will be reduced by the prepayment received received in 2008.
http://www.irs.gov/formspubs/article/0,,id=180800,00.html Regards, LelandJ MB Software Solutions General Account wrote: > My ex-wife claimed both our kids on her tax return this past 2 years. I > accept that as she's got majority custody of them for now, but I just > wondered what the tax deduction amount she got per kid. Looks like $3,650 > per child for 2008 but this page > (http://taxes.about.com/od/2008taxes/qt/quicktaxfacts08.htm) seems to > indicate $3500 correctly. And on top of that, her "economic stimulus" > check was affected by the kids as well, right? > > > > > > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
