Making Work Pay Tax Credit - Another Form To Fill ?

The    “Making Work Pay credit”   was part of the American Recovery and Reinvestment Act whereby working taxpayers could get up to a $400 benefit. In addition,  retirees could also get up to a $250 tax benefit. Its important to report for this credit on your 2009 tax return or you will essentially be giving it back.  Read more about this credit on the IRS wesbite.

The good news is, if you use a  TaxPreparation software it should fill in the form appropriately.