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Taxes: Making Work Pay Credit

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Old Feb 3, 2010 | 12:10 AM
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Default Taxes: Making Work Pay Credit

I missed this when I was manually doing my taxes, but luckily Turbotax caught it. It didn't amount to much, but for some it could result in up to a $400 credit (or $800 for couples).
http://www.irs.gov/newsroom/article/...204447,00.html

I just wanted to point it out so you'll know to look for it. If this affects your refund, feel free to split the extra with me.
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Old Feb 3, 2010 | 04:18 AM
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Fo sho... Turbo Tax Filed mine not bad for a free service....


Dre
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Old Feb 3, 2010 | 04:49 AM
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Bummer but there is an AGI limit of 75K single and 150K married filing jointly--I am out
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Old Feb 3, 2010 | 07:33 AM
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^ I think that's just where the phase-out starts. Depending on how far over it you are, you might still qualify to get something. I didn't actually do the math, but assuming that turbotax did it right, it appears to phase out from 75k-95k.

Don't take my word for it, though.
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Old Feb 3, 2010 | 10:05 AM
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I am out, it phases out over about 180K married-hosed
Turbo tax gave me nada
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Old Feb 3, 2010 | 11:09 AM
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^ Well, you make too much money anyway.
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Old Feb 3, 2010 | 12:22 PM
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I wish, pfft
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