General Explanations of the Administrations Fiscal Year 2011 Revenue Proposals

ISBN-13: 9781503373488 / Angielski / Miękka / 2015 / 160 str.

Department of the Treasury

Opis

The Making Work Pay credit is a temporary provision of the American Recovery and Reinvestment Act of 2009. In 2010 individual taxpayers are eligible for a refundable income tax credit equal to 6.2 percent of earned income up to a maximum credit of $400. Thus workers receive a credit on the first $6,452 of earned income.