Comments on: Calculating the Making Work Pay Credit http://www.taxgirl.com/calculating-the-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: Kelly http://www.taxgirl.com/calculating-the-making-work-pay-credit/comment-page-1/#comment-25147 Kelly Wed, 13 Apr 2011 15:44:30 +0000 http://www.taxgirl.com/?p=4667#comment-25147 Shirley, I can't. I'd ask the IRS why they said no. It might have stemmed from confusion with having wages and business income. Shirley, I can’t. I’d ask the IRS why they said no. It might have stemmed from confusion with having wages and business income.

]]> By: Shirley http://www.taxgirl.com/calculating-the-making-work-pay-credit/comment-page-1/#comment-25139 Shirley Wed, 13 Apr 2011 11:12:02 +0000 http://www.taxgirl.com/?p=4667#comment-25139 In 2009 I have income from employment reported on a W-2 and a net loss from a business reported on Schedule C. Therefore, according to Schedule M 1a instructions, I checked the "No" box to question 1-a even though my wages were more than $6,451 (single). According to the remaining calculations, I qualify for $400 tax credit. However, IRS has disputed my claim. Can you explain? In 2009 I have income from employment reported on a W-2 and a net loss from a business reported on Schedule C. Therefore, according to Schedule M 1a instructions, I checked the “No” box to question 1-a even though my wages were more than $6,451 (single). According to the remaining calculations, I qualify for $400 tax credit. However, IRS has disputed my claim. Can you explain?

]]> By: Joshua http://www.taxgirl.com/calculating-the-making-work-pay-credit/comment-page-1/#comment-25106 Joshua Sun, 10 Apr 2011 15:08:45 +0000 http://www.taxgirl.com/?p=4667#comment-25106 I'm with Jane, I missed it last year and had to pay, can I do anything about it now? I’m with Jane, I missed it last year and had to pay, can I do anything about it now?

]]> By: JANE http://www.taxgirl.com/calculating-the-making-work-pay-credit/comment-page-1/#comment-24519 JANE Fri, 04 Mar 2011 03:15:46 +0000 http://www.taxgirl.com/?p=4667#comment-24519 Hi- I missed to file Schedule M in 2009 since I filed my tax manually and the IRS did not catch it, I just used one of the online taxes to try and redo my 2009 tax and it showed that I indeed qualify for the $400, what can I do now? Should I file an Amended return? Hi- I missed to file Schedule M in 2009 since I filed my tax manually and the IRS did not catch it, I just used one of the online taxes to try and redo my 2009 tax and it showed that I indeed qualify for the $400, what can I do now? Should I file an Amended return?

]]> By: Kelly http://www.taxgirl.com/calculating-the-making-work-pay-credit/comment-page-1/#comment-24312 Kelly Tue, 22 Feb 2011 15:58:50 +0000 http://www.taxgirl.com/?p=4667#comment-24312 Hi Bill, the updated article with the 2010 link is here: http://www.taxgirl.com/calculating-the-making-work-pay-credit-2011/ Hi Bill, the updated article with the 2010 link is here: http://www.taxgirl.com/calculating-the-making-work-pay-credit-2011/

]]> By: Bill http://www.taxgirl.com/calculating-the-making-work-pay-credit/comment-page-1/#comment-24311 Bill Tue, 22 Feb 2011 15:56:20 +0000 http://www.taxgirl.com/?p=4667#comment-24311 Why is the schedule M link in your article a 2009 Schedule M document? Shouldn't it be 2010 to be used in your 2010 return? ***just realized this is an old article dating it Feb. 2010. Is there an updated version for 2010 filing? Why is the schedule M link in your article a 2009 Schedule M document? Shouldn’t it be 2010 to be used in your 2010 return?

***just realized this is an old article dating it Feb. 2010. Is there an updated version for 2010 filing?

]]> By: Bill http://www.taxgirl.com/calculating-the-making-work-pay-credit/comment-page-1/#comment-24310 Bill Tue, 22 Feb 2011 15:54:05 +0000 http://www.taxgirl.com/?p=4667#comment-24310 Why is the schedule M link in your article a 2009 Schedule M document? Shouldn't it be 2010 to be used in your 2010 return? Why is the schedule M link in your article a 2009 Schedule M document? Shouldn’t it be 2010 to be used in your 2010 return?

]]> By: Kathy Shepherd http://www.taxgirl.com/calculating-the-making-work-pay-credit/comment-page-1/#comment-24052 Kathy Shepherd Tue, 15 Feb 2011 20:46:56 +0000 http://www.taxgirl.com/?p=4667#comment-24052 My husband is retired and did not work last year. I have worked the full year. Can I apply for the $400 credit? My husband is retired and did not work last year. I have worked the full year. Can I apply for the $400 credit?

]]> By: george constantakos http://www.taxgirl.com/calculating-the-making-work-pay-credit/comment-page-1/#comment-23946 george constantakos Mon, 14 Feb 2011 13:22:04 +0000 http://www.taxgirl.com/?p=4667#comment-23946 I worked part time for most of 2010, but i started collecting soc. sec. in june of that year. Im i still able to claim the making work pay credit' I worked part time for most of 2010, but i started collecting soc. sec. in june of that year. Im i still able to claim the making work pay credit’

]]> By: Linda McCants http://www.taxgirl.com/calculating-the-making-work-pay-credit/comment-page-1/#comment-23825 Linda McCants Fri, 11 Feb 2011 14:59:14 +0000 http://www.taxgirl.com/?p=4667#comment-23825 Thank you so much for this easy to follow explanation. I read From M and it if checked Yes enter $400 in 1a and skip 1-3, 4 says enter smaller of 2 or 3 unless you checked Yes. No indication of what to enter if you did check yes, and the Instructions for Schedule M don't even address line 4. Thank you so much for this easy to follow explanation. I read From M and it if checked Yes enter $400 in 1a and skip 1-3, 4 says enter smaller of 2 or 3 unless you checked Yes. No indication of what to enter if you did check yes, and the Instructions for Schedule M don’t even address line 4.

]]>