Does anyone know anything about this new tax credit? I heard that it is still waiting to be passed through one branch of congress and waiting on the other. I don%26#039;t know what the name of it is so it%26#039;s hard to do a search for it. From what I have heard so far low income families will receive $300 per child and $600 for a single adult $1200 for a married couple. Does anyone know when there may be a decision on this or what the name of it is?
Looking for information on the new tax credit?
Currently the law is making its way through congress. The numbers that you have are the ones that the proposed law has for tax rebate checks, but chances are there will be changes before the law is signed by the president.
As far as when it will happen, any guess is as good as anyone else%26#039;s. I would not think it would happen before June sense we are moving at the speed of government.
Looking for information on the new tax credit?
It called a tax rebate. The House passed a bill yesterday, but the Senate is considering a number of changes. Until they agree and both pass the same thing, it can%26#039;t go to Bush for his signature. At this point nobody knows just what the rules will be, and won%26#039;t know until it%26#039;s passed and signed.
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