I was an exchange student, and went to america only 4 months, and needed to mail the IRS from by deadline after I came back to my country ( maybe to claim that I do not need to pay tax?). However, I ...
My boyfriends soon to be ex wife refuses to give him a copy of the joint tax return they filed for 2009. She did the return using one of the internet based tax software programs. He's asked her ...
I´m worried about any debts that I might have because I´ve never declared taxes from outside the US. Thanks for any help! the IRS site is alright but everything´s by phone, and I can´t call ...
I work at pizza hut as a delivery driver did I make a mistake claiming so much ? How much will they take out my check ?? Additional Details I make 7/...
I am a resident of the United States, and are planning on moving from state to state, spending little time in each of them. Where should I apply for residency that has the least amount of taxing on ...
I have been employed at my job for almost 5 years, but last year my boss enforced a forced furlough for all the employees to work 4 days instead of 5..with a pay cut for the days we do not work. Can ...
I received my SS statement in January 2010 and it did not have any credits for 2008.This was last year I worked for them. I called SS few days ago and they still do not have any information. They ...
... on bringing several bags of goods back from overseas? We are looking to bring back several re-salable items from the Philippines back to the US such as pearl necklaces, purses, clothing, ect. We ...
I was looking into making a website on a free program and I was reading the terms of use. It said that I was responsible for paying any taxes on my website. What would those taxes be?...
Form 2555EZ (foreign earned income exclusion) wants to know how many days you spent on business in the U.S., and the associated income payed by your foreign employer, because it can't be ...
We pay income tax to support public services on a national and local level, but no secret has been made of the fact that money is constantly diverted for other purposes such as bailing out ...
If the declared value for an item being sent through EMS is P lower than the original price , is this ok ? or will the custom be suspected ? what could happen in worst case ?...
S i r i
What is the Making WOrk Pay Credit......?
how much salary can a person make and STILL obtain the MWP credit.
this was only for the 2009 tax year in part due to the CHANGE made to the withholding tables in March of 2009 which was designed to have more disposable money in pay checks to stimulate the economy
it is not likely to be repeated for 2010
and it was $400 for a single person, $800 for married filing jointly, was not based on income
Judy
Tro is wrong as usual. The credit is for 2009 AND 2010. It's 6.2% of earned income with a maximum of $400 per person, $800 for a married couple filing a joint return.
It starts to phase out at income of $75K for an individual, or $150K on a joint return.