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Navigate Up - Track the Money is the U.S. government's official website that provides easy access to data
related to Recovery Act spending and allows for the reporting of potential fraud, waste, and abuse.

 Tax Benefit Programs

Categories Funds Paid Out
[+] Individual Tax Credits $131.8B
Increased Alternative Minimum Tax Exemption $64.7B
American Opportunity Tax Credit $21.4B
Child Tax Credit $18.4B
First Time Homebuyer Credit $10.4B
Exclude up to $2,400 of unemployment insurance benefits from gross income for taxable year 2009 $6.3B
Earned Income Tax Credit $5.1B
Extension of Alternative Minimum Tax Relief for Nonrefundable Personal Credits $4.4B
Deduction on Sales and Excise Taxes for Certain Motor Vehicles $1.1B
Computer Technology and Equipment Allowed as a Higher Education Expense $0
[+] Making Work Pay $104.4B
Making Work Pay $104.4B
[+] Tax Incentives For Businesses $32.6B
Special Allowance for Certain Properties Acquired in 2009 $19B
Deferred Income from Cancellation of Certain Indebtedness $14.6B
5-Year Carryback of Operating Losses of Small Businesses $679M
Temporary Increase in Limitations on Expensing of Certain Depreciable Business Assets $477M
Temporarily Reduced the Recognition Period for Built-in Gains Tax $280M
Incentives to Hire Unemployed Veterans and 16 to 24 Year Old $297M
Changed Certain Ownerships for Purposes of Limitations on Net Operating Loss Carry Forwards and Certain Built-In Losses $29M
Decreased Estimated Tax Payments for Certain Small Businesses $0
Modifies Rules for Original Issue Discount on Certain High-Yield Obligations $0
Clarified Regulations Related to Limitations on Certain Built-in Losses Following an Ownership Change** -$2.7B
[+] Energy Incentives $10.9B
Residential Energy Credit $11B
Residential Credit for Alternative Energy $602M
Credit for Electricity Produced from Certain Renewable Resources $647M
Extension of Commuter Transit Benefits / Transit Passes $142M
Business Credits for Renewable Energy Properties $144M
Electric Motor Vehicles Credit $115M
Investment Credit or Productions Credit $125M
Increased Credit for Alternative Fuel Vehicles Refueling Properties $51M
Increased Limitation on Energy Conservation Bonds $28M
Increased Limitation on Clean Renewable Energy Bonds $4M
Carbon Dioxide Used as a Tertiary Injectant $0
Renewable Energy Grants vs Energy Investment Tax Credit* -$2B
[+] COBRA $3.7B
[+] Manufacturing & Economic Recovery, Infrastructure Refinancing, Other $7.3B
Delayed Application of Withholding Tax on Government Contractors $1.2B
Build America Bonds $2.4B
Credit for Investment in Advanced Energy Facilities $1.4B
Exception for Tax-Exempt Interest Expense of Financial Institutions $748M
Qualified School Construction Bonds $596M
Special Tax Credit for Certain Government Retirees $362M
Extension of Unemployment Compensation $283M
Health Coverage Improvement $172M
Increase in New Markets Tax Credit $174M
Recovery Zone Bonds $128M
Modified Small-Issuer Exception to Tax Exempt Interest Expense Allocation Rules for Financial Institutions $108M
Prohibited Collection of Certain Payments Made Under the Continued Dumping and Subsidy Offset Act of 2000 $85M
Tribal Economic Development Bonds $50M
Temporarily Expanded Industrial-Development Bonds to Facilities Manufacturing Intangible Properties $36M
Extension and Expansion of Qualified Zone Academy Bonds $36M
Temporarily Modified Alternative Minimum Tax Limitations on Tax-Exempt Bonds $17M
Modified High Speed Intercity Rail Facility Bonds $9M
Regulated Investment Companies Allowed to Pass-Thru Tax Credit Bond Credits $0
Extension of Trade Adjustment Assistance to Service Sector and Public Agency Workers; Shifts in Production $0
Provide that certain Federal grant monies do not reduce basis for purposes of determining the applicable low-income housing tax credit for such building 10M
Grants to States for Low-Income Housing Projects in Lieu of Low-Income Housing Credit Allocations -$508M
Total Tax Benefits $290.7B


* Instead of distributing this dollar amount as tax benefits, Treasury allocated the funds to federal agencies to be distributed as Recovery grants.

** Represents the estimated dollar amounts not collected by Treasury as a result of lowering taxes to business to offset losses.