Not to put a damper on things, but you remember the last time George did this? It is not a rebate, it is an early refund/credit of next years (2009) taxes. You have to deduct it. That means if next year you should get $1200 you will get nothing, if you should owe nothing then you will owe $1200.

Put it on a credit card guys and then be prepared to hand it back next April.

Adam