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Don't Forget the Making Work Pay Tax Credit

Tuesday, April 13, 2010 - 7:26 AM
Several Bogleheads members reported that they almost missed this new and temporary tax credit.
1
Ken TuminKen Tumin5,441 posts since
Nov 29, 2009
Rep Points: 123,651
1. Tuesday, April 13, 2010 - 4:45 PM
File Schedule M to get up to $400 if single filer or $800 if joint filer if you have earned income (that is a working wage).  The amount is reduced if you received the 2009 economic recovery credit that was issued to Social Security benefit recipients last year.
1
AnonymousAnonymous2,281 posts since
May 9, 2010
Rep Points: 3,776
2. Tuesday, April 13, 2010 - 5:52 PM
Thanks Ken:

You saved me again!
1
AnonymousAnonymous2,281 posts since
May 9, 2010
Rep Points: 3,776
3. Wednesday, April 14, 2010 - 4:32 PM
I forgot to add that the amount is reduced if your adjusted gross income exceeds $75,000 if single or $150,000 if married filing jointly.
1
AnonymousAnonymous2,281 posts since
May 9, 2010
Rep Points: 3,776
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