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Highlights of 2008 Tax Law Changes: Tax Breaks Renewed, Recovery Rebate Credit, Homeowner Relief
This January 2009 release describes changes for 2008 personal income tax returns. Topics include economic stimulus payments being tax free, the alternative minimum tax (AMT) increase for one year, increased standard deductions for most taxpayers, first-time homebuyer credit, standard mileage rate adjustment, the earned income tax credit, and more. From the Internal Revenue Service (IRS).
http://www.irs.gov/newsroom/article/0,,id=202106,00.html
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