I've been trying to find out some corroborating info on this, but been highly frustrated with the interwebs this afternoon. For those unaware, there is currently an offer of an $8,000 tax credit for first time home buyers (as part of the stimulus i think)... and I'm trying to determine if this is some type of a deduction or if this is essentially an $8,000 check that we will receive within the year.

I am the sole wage-earner in our family and don't make much so we don't pay much in federal taxes anyway and within the last year we got all of that money back (thinly-veiled brag w/e)... I just need the straight scoop from those who know. <3 u ftr!