FIT - Making work pay credit - Schedule M - Up to $800

[swogden]

Are you aware of Schedule M, a new schedule in 2009, that allows for a tax credit  up to $800 for people who have earned income (generally line 7 -- Wages, salaries etc) of less than $95,000 (single) and $190,000 (joint).

If you filed using tax software (ie Turbo Tax etal) or online with Taxslayer, was the Schedule M tax credit included in your tax calculation?

[dreamyxo]

I used turbo tax and I do remember seeing the making work pay credit.  I just checked my taxes and I did get it.

[swogden]

Great!  Glad to know TT is up to date.

I got the credit last year because the IRS noticed I hadn't submitted Schedule M and recalculated the refund for me!  Very pleasant surprise -- but didn't expect that they would do it again this year.

[tjshorty]

That's good to know.  Thanks

[sdenimandlace1]

I have gotten the payed to work credit the last 2 years, they place that does my taxes did, it was great, who does not need extra money at this time.

[hawkeye3210]

It was one of the nice benefits of the stimulus package.  Too bad it was only for two years.