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Highlights of 2008 Tax Law Changes: Tax Breaks Renewed, Recovery Rebate Credit, Homeowner Relief URL: http://www.irs.gov/newsroom/article/0,,id=202106,00.html Description: 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). Publisher: Internal Revenue Service (IRS) LII Database Information: Record 27742 created by Maria Brandt on 01/13/2009 Last modification on 01/22/2009 Published: 02/05/2009 LII Item ID: http://lii.org/cs/lii/view/item/27742 |