I am really hoping this passes, and I think it will. Right now Congress and Senate are agreeing on most everything to do with giving back more money. The one thing I fear though is that since we are going in the summer, that the place will be PACKED!!
We are taking with us close to 11 people for my husbands graduation and Im thinking this would be a very good thing. Just to let you know how a credit works, we are using it for adoption as well.
Lets say that you owe less than 1,000.00 for you and your husband. Lets say its 800.00, you would be given the credit for 800.00 and the rest would be carried over for the next year making it 200.00. I wonder if its just for this year, or if they are going to pass it to be active for several years.