Comments on: Ask the taxgirl: Making Work Pay Credit for Married Couple

By: ERNEST

ERNEST — Sat, 04 Feb 2012 20:45:03 +0000

Last year I did not claim the “making work pay” credit and the irs figured if for me —-and told me do it myself for 2011 on Schedule M (I can only find schedule M for 2010) —-but it tells me to enter the credit amt on line 63 of form 1040 —that doesn’t seem right —-since this is a credit. Can you advise on where I should enter it —-maybe under credits?? —-or what
thanks, ernest

By: Lachhman Jeswani

Lachhman Jeswani — Mon, 18 Apr 2011 00:18:11 +0000

I am self employed individual. I received $ 250/- in May 2009.Tell me
if I can take credit for making work pay in Form SE (2010) Return ?

By: Kelly

Kelly — Tue, 12 Apr 2011 02:23:25 +0000

Matt, obviously I don’t know all of the circumstances at play here but if you do not have earned income, you do not qualify for the Making Work Pay Credit. Retirement income is not considered earned income. So if that’s your only income, the answer is no.

By: Matt

Matt — Mon, 11 Apr 2011 23:08:03 +0000

I only have military retirment income (1099R) I am too young for social security income. I did receive the economic recovery payment. Do I qualify for the work pay credit

By: Frantz

Frantz — Tue, 15 Feb 2011 20:50:18 +0000

I received $800 in my tax return last year, because I filt jointly, but ,this year I use Turbotax. They take only $500 instead of $800. can you tell me why?
Thank you

By: Kelly

Kelly — Mon, 14 Feb 2011 03:13:07 +0000

KEN, it sounds like you would have been eligible for the Economic Recovery Payment but not the Making Work Pay Credit. To receive the Making Work Pay Credit, you have to have earned income.

By: KEN

KEN — Sun, 13 Feb 2011 22:33:22 +0000

I started get SSI because of my age 66, I’m still working, my wife haven’t work in 2 year. My question is how is my tax per filing this year/last year with IRS, Thanks

By: Joel

Joel — Thu, 20 May 2010 18:25:03 +0000

Neither the taxpayer or spouse has W-2 wages, and the husband’s Schedule C and wife’s Schedule F are the only forms of earned income.

After doing thorough research since my last post, I believe that the notice sent by the IRS is an error. The Schedule M worksheet for non-W-2 wage earners specifically states at the top, “If married filing jointly, include your spouse’s amounts with yours when completing this worksheet”.

By: Kelly

Kelly — Tue, 18 May 2010 13:09:42 +0000

Joel, my quick answer is that I believe that simply being a form W-2 wage earner qualifies the taxpayer regardless of the Schedule C.

By: Joel

Joel — Mon, 17 May 2010 16:42:33 +0000

I have a situation where neither the taxpayer or spouse has W-2 wages, but they both have other forms of earned income. The taxpayer has $12,761 of earned income from his Schedule C business and $60 of income from an estate distribution, while the taxpayer’s spouse has a ($30,251) loss from farming on Schedule F. In this instance, our CPA firm assumed that the taxpayer would not be eligible for the MWP Credit due to netted negative earned income.

However, the taxpayer received a notice from the IRS informing him that he was entitled to a $778 refund because he had not taken the MWP credit. Can you explain how he is still entitled to the MWP Credit or if this is an IRS mistake?