Comments on: Ask the taxgirl: Qualifying Wages for Making Work Pay Credit http://www.taxgirl.com/ask-the-taxgirl-qualifying-wages-for-making-work-pay-credit/ Paying taxes is painful... but reading about them shouldn't be. Sun, 12 Feb 2012 17:55:29 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Barb http://www.taxgirl.com/ask-the-taxgirl-qualifying-wages-for-making-work-pay-credit/comment-page-1/#comment-25162 Barb Wed, 13 Apr 2011 18:51:33 +0000 http://www.taxgirl.com/?p=4681#comment-25162 Thank you Kelly, I couldn't find any definitive answers. I thought that might be the case, just wanted to make sure. Barb Thank you Kelly, I couldn’t find any definitive answers. I thought that might be the case, just wanted to make sure.

Barb

]]> By: Kelly http://www.taxgirl.com/ask-the-taxgirl-qualifying-wages-for-making-work-pay-credit/comment-page-1/#comment-25152 Kelly Wed, 13 Apr 2011 17:38:14 +0000 http://www.taxgirl.com/?p=4681#comment-25152 Barb, that sounds right. They don't both have to work to qualify for the full credit, just file as married with one qualifying worker. Barb, that sounds right. They don’t both have to work to qualify for the full credit, just file as married with one qualifying worker.

]]> By: Barb http://www.taxgirl.com/ask-the-taxgirl-qualifying-wages-for-making-work-pay-credit/comment-page-1/#comment-25148 Barb Wed, 13 Apr 2011 16:37:04 +0000 http://www.taxgirl.com/?p=4681#comment-25148 I'm helping my friend file her taxes. She was employed for the full year, at $28,449, and her husband was unemployed for the full year, unemployment benefits were $18,435. They are married, filing jointly. TurboTax wants to give them the full $800 credit. I'm just double checking because it doesn't seem quite right. thanks I’m helping my friend file her taxes. She was employed for the full year, at $28,449, and her husband was unemployed for the full year, unemployment benefits were $18,435. They are married, filing jointly. TurboTax wants to give them the full $800 credit. I’m just double checking because it doesn’t seem quite right.

thanks

]]> By: Tax Breaks Expiring Soon – No, Not Those Tax Breaks | taxgirl http://www.taxgirl.com/ask-the-taxgirl-qualifying-wages-for-making-work-pay-credit/comment-page-1/#comment-19085 Tax Breaks Expiring Soon – No, Not Those Tax Breaks | taxgirl Wed, 22 Sep 2010 12:30:03 +0000 http://www.taxgirl.com/?p=4681#comment-19085 [...] filing jointly. But the break, targeted to the middle class, had a number of tricky provisions that disqualified some taxpayers – and caused headaches for others. In the end, even though it was extra money in pocket for [...] [...] filing jointly. But the break, targeted to the middle class, had a number of tricky provisions that disqualified some taxpayers – and caused headaches for others. In the end, even though it was extra money in pocket for [...]

]]> By: NCTaxPro http://www.taxgirl.com/ask-the-taxgirl-qualifying-wages-for-making-work-pay-credit/comment-page-1/#comment-14230 NCTaxPro Mon, 08 Feb 2010 01:37:22 +0000 http://www.taxgirl.com/?p=4681#comment-14230 MM: No. Unemployment benefits alone do not qualify you for the credit; you must have either wage income or earned income from other sources (such as self-employment income). MM:

No. Unemployment benefits alone do not qualify you for the credit; you must have either wage income or earned income from other sources (such as self-employment income).

]]> By: MM http://www.taxgirl.com/ask-the-taxgirl-qualifying-wages-for-making-work-pay-credit/comment-page-1/#comment-14225 MM Sun, 07 Feb 2010 22:14:04 +0000 http://www.taxgirl.com/?p=4681#comment-14225 If a person's only source of income for 2009 was their unemployment benefits, are they eligible to use the "Making Work Pay Credit"? If a person’s only source of income for 2009 was their unemployment benefits, are they eligible to use the “Making Work Pay Credit”?

]]> By: NCTaxPro http://www.taxgirl.com/ask-the-taxgirl-qualifying-wages-for-making-work-pay-credit/comment-page-1/#comment-14067 NCTaxPro Wed, 03 Feb 2010 15:38:25 +0000 http://www.taxgirl.com/?p=4681#comment-14067 JD: Your assumptions are correct. The daughter's gross income exceeds the threshold for being a qualifying relative. JD:

Your assumptions are correct. The daughter’s gross income exceeds the threshold for being a qualifying relative.

]]> By: JD http://www.taxgirl.com/ask-the-taxgirl-qualifying-wages-for-making-work-pay-credit/comment-page-1/#comment-14049 JD Wed, 03 Feb 2010 03:56:34 +0000 http://www.taxgirl.com/?p=4681#comment-14049 I have a couple of questions. Question #1: If the daughter files Form 1040EZ would she still need to file Schedule M? Schedule M instructions (at the top of the form) indicate that you only need to attach it to Forms 1040A, 1040 or 1040NR. Question #2: The daughter is not a qualifying child based on her age, but could she be a dependent qualifying relative? It appears to me that because the daughter had gross income greater than $3,650, it makes her ineligible to be claimed as dependent qualifying relative in 2009. Are my assumptions correct? I have a couple of questions.
Question #1: If the daughter files Form 1040EZ would she still need to file Schedule M?

Schedule M instructions (at the top of the form) indicate that you only need to attach it to Forms 1040A, 1040 or 1040NR.

Question #2: The daughter is not a qualifying child based on her age, but could she be a dependent qualifying relative?

It appears to me that because the daughter had gross income greater than $3,650, it makes her ineligible to be claimed as dependent qualifying relative in 2009.

Are my assumptions correct?

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