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Financial Planning / Tax Strategies


Subject:  Re: Water Cooler Talk Date:  1/27/2009  11:39 AM
Author:  TMFPMarti Number:  104009 of 123001

It was an advance on the refund you would receive in 2009.

Well, yes and no. It was that, but it was also a corresponding increase in the amount of refund that you would have received in 2009. They enacted a tax year 2008 refundable credit that, in effect, lowered all eligible taxpaye