• Get the latest on monthly child tax credit payments here.

  1. TurboTax /
  2. Tax Calculators & Tips /
  3. Tax Tips Guides & Videos /
  4. Tax Relief /
  5. Inside the 2009 Stimulus Package

Inside the 2009 Stimulus Package

Updated for Tax Year 2009 / August 25, 2021 10:00 AM


OVERVIEW

Note: The content of this article applies only to tax years prior to 2011. It is included here for reference only. See a visual breakdown of what the 2009 American Recovery and Reinvestment Act—a new economic stimulus bill that gives tax breaks to 95 percent of Americans—could look like for your family.


In 2008, President Obama signed the American Recovery and Reinvestment Act—an economic stimulus bill that gave tax breaks to 95 percent of Americans. The economic stimulus plan was meant to provide a financial boost to everyone from the unemployed and middle income families with children to first-time homebuyers. For some  American families, that could mean over $13,000 in savings. Here is what the stimulus could look like for some families.

Cargo_Drop12

Remember, with TurboTax, we'll ask you simple questions about your life and help you fill out all the right tax forms. Whether you have a simple or complex tax situation, we've got you covered. Feel confident doing your own taxes.

All you need to know is yourself

Just answer simple questions about your life, and TurboTax Free Edition will take care of the rest.

For Simple Tax Returns Only

$0 Fed. $0 State. $0 To File.*
File for $0

Looking for more information?

Get more with these free tax calculators and
money-finding tools