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  2. Some taxpayers to get $1,400 payments for unclaimed stimulus ...

    www.aol.com/finance/taxpayers-1-400-payments...

    The IRS will send an estimated $2.4 billion to taxpayers who didn’t claim the recovery rebate credit on their 2021 tax returns. About 1 million taxpayers were eligible for the credit but failed ...

  3. Stimulus Update: How To Get Tax Credits for These 25 Home ...

    www.aol.com/stimulus-tax-credits-25-home...

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  4. American Rescue Plan Act of 2021 - Wikipedia

    en.wikipedia.org/wiki/American_Rescue_Plan_Act...

    The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]

  5. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.

  6. Stimulus Update: What Is a 2021 Recovery Rebate Credit and ...

    www.aol.com/finance/stimulus-2021-recovery...

    The payment amounts are different than in 2020, as the maximum credit is $1,400 per person including all qualifying dependents claimed on a tax return, as this was the amount of the payment in 2021.

  7. American Recovery and Reinvestment Act of 2009 - Wikipedia

    en.wikipedia.org/wiki/American_Recovery_and...

    $15 billion: Expansion of child tax credit: A $1,000 credit to more families (even those that do not make enough money to pay income taxes). $14 billion: Expanded college credit to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples making more than $160,000.

  8. ‘The cost of housing is so important’: President Biden ...

    www.aol.com/finance/cost-housing-important...

    The president wants to increase the number of tax credits available for low-income housing developers and approve a $20 billion innovation fund for affordable housing expansion.

  9. Tax Credit Assistance Program - Wikipedia

    en.wikipedia.org/wiki/Tax_Credit_Assistance_Program

    The Tax Credit Assistance Program (TCAP) is a Federal housing grant program administered by HUD which assists Low Income Housing Tax Credit (LIHTC) projects funded during 2007, 2008 and 2009. The TCAP program is part of the American Recovery and Reinvestment Act which was signed by President Obama on February 17, 2009.