Hello and welcome back to Money Girls Quick and Dirty Tips for a richer life.

I'm your host Laura Adams. I'm excited that the podcast had its 2 millionth

download in February and even got some recent buzz on local radio stations

and the evening news in the Central Florida area where I live.

Find the interview video at moneygirl. Quick and dirty tips.

You may be surprised to see where I actually record the show. This episode is about tax relief

that's coming soon for the majority of working Americans and their families.

If you haven't heard, the government is about to give you a raise,

yes, there's a new tax credit on the horizon that's going to mean more take-home pay for many Americans.

Instead of issuing one single stimulus payment check,

Uncle Sam is going to quote, make work pay.

No, this isn't retribution for the promotion you deserve but never got. It's how your paycheck is going to give you some extra money

the tax credit is typically going to be shelled out through payroll checks starting no later than April 1st

The benefit will be spread out over the

remaining months of 2009. If you don't have taxes withheld by an employer you can

also claim the credit on your 2009 tax return. The credit is refundable which means you get to take it even if you don't

owe any income tax. This tax relief is part of the massive American Recovery

and Reinvestment Act that became law earlier this year.

It provides up to $400 for individual working taxpayers and 800 for married couples who file jointly. Be aware that the credit is phased out or reduced for individuals who have an adjusted gross income between $75,000 and $95,000.

The phase out for joint filers occur. and $150,000.

The phase-out for joint filers occurs when adjusted income is between $150,000 and $190,000.

So if you earn more than $95,000 as an individual or $190,000 as a couple who files jointly,

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