Are we, the US citizens, going to receive a stimulus check?
You will not actually receive a stimulus check like before. It will come in the form of a tax credit on your 2009 income tax.
Answered by Melissa H. -
About Income Tax
The Income Tax is a tax imposed by the Federal, most states and local governments. The income tax is determined by applying a tax rate to an income bracket. In 2011, taxes are due on April 15th.
About Tax Credit
Tax credits are deducted from the various forms of tax, which must be filed through the federal government, state, or local municipality. Most people think of tax credits as a discount.
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