Comments on: Making Work Pay Credit Could Surprise Some Taxpayers in 2010

By: A Pyrrhic victory for Democrats | Wizbang

A Pyrrhic victory for Democrats | Wizbang — Sat, 24 Dec 2011 16:06:23 +0000

[...] jointly-filing family. We should also remember that Obama’s Making Work Pay plan initially caused a lot of confusion on tax returns, and caused many taxpayers to actually owe the IRS money.) Share [...]

By: Driver» Blog Archive » work pay credit

Driver» Blog Archive » work pay credit — Sun, 12 Jun 2011 08:25:03 +0000

[...] Making Work Pay Credit Could Surprise Some Taxpayers in 2010 | taxgirl Mar 15, 2009 … Note from taxgirl: I've written a few pieces about the credit since this piece originally posted. [...]

By: Kelly

Kelly — Wed, 30 Mar 2011 11:20:40 +0000

Farmer Tiger, no it’s not taxable,

By: Farmer Tiger

Farmer Tiger — Tue, 29 Mar 2011 23:11:37 +0000

Is “Work Pay Credit” taxable?
I mean: should I report the “Work Pay Credit” of 2009 as taxable credit on Line 10 of 2010?
Thanks a lot.

By: Kelly

Kelly — Fri, 25 Feb 2011 16:09:08 +0000

GGT, Yes, see: http://www.taxgirl.com/its-baaaack-making-work-pay-credit/

By: ggt

ggt — Fri, 25 Feb 2011 16:07:48 +0000

I use “taxact” to calculate for me, it automatically entered 800.00 since my husband and I are filing jointly. My husband had a job in 2010 but I did Not work the entire year, if we file jointly should it be entered as 800.00 since my husband worked and I didn’t, but we are filing jointly. The taxact program usually corrects entries so I am assuming this is a correct entry. thanks

By: Kelly

Kelly — Wed, 02 Feb 2011 13:37:48 +0000

Mercy, I think you’re talking about line 10, right? That’s only for reporting Economic Recovery Payments (basically checks that were mailed out to qualifying seniors and the disable) received during the year because that amount offsets your Making Work Pay Credit (you can’t get the full amount for both if you qualify for both).

Check out this post for more info: http://www.taxgirl.com/ask-the-taxgirl-are-economic-recovery-payments-taxable/

By: Mercy

Mercy — Wed, 02 Feb 2011 03:56:26 +0000

Question – my husband and I filed married – joint last year and received the $800 credit – this year on Form M – it asks how much we received. Am I to write $800? I’m confused because in paranthesis it states not to write more than $500… but we received $800….?… confused!

By: Payroll Tax Holiday Begins | taxgirl

Payroll Tax Holiday Begins | taxgirl — Mon, 03 Jan 2011 15:40:00 +0000

[...] an exception. Since the point of the payroll tax holiday was to replace the Making Work Pay Credit (the Making Work Pay Credit still applies for tax year 2010), there is no Making Work Pay Credit for 2011. That’s good news for those families making [...]

By: carlo spada

carlo spada — Fri, 26 Nov 2010 18:20:29 +0000

I received the work pay credit in 2009 which to amounted $12. In Jan 2010 my paycheck was reduced by about the same amount. I called my payroll department and they advised that it was the Obama simulus that expired in 2009. I’m reading that the work pay credit is going to expired in 2010? Is the gov’t going to deduct an additioanl $12? I’m not taking about the Bush tax cuts.