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Ask The Taxgirl: How Much Money Will I Get Under Obama’s Stimulus Plan?

Taxpayer asks:

I was told that I would receive all my federal tax withholding for April, May & June. However, I just heard on the local news that it would only be $12 to $15, is that true?

Thanks for your advise,


Taxgirl says:

The Making Work Pay Credit will decrease the amount withheld from your paycheck by the applicable credit amount. For most individual taxpayers, this means there will be approximately $12-15 extra in your check each week. This could vary, depending on your pay and number of exemptions claimed; affected taxpayers may see less money withheld but should not see more.

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The fine print

Be sure to read my disclaimer… Remember, I’m a lawyer, and we love disclaimers. But you know who loves them more? My malpractice carrier. Consider yourself warned.

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One Comment

  1. Hello Taxgirl,
    I am retired(73) and my wife stiil works full time(71) and we have been putting most of her paycheck in the 401K. She has a fixed $30 federal tax taken from her check bi- weekly. This week all of her coworkers got the OBAMA stimulus but she did not.
    Should she be entitled to the simulus and how do we get it.
    Thanks Ray

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