General Explanations of the Administrations Fiscal Year 2011 Revenue Proposals
Download or Read eBook General Explanations of the Administrations Fiscal Year 2011 Revenue Proposals PDF written by Department of Department of the Treasury and published by CreateSpace. This book was released on 2015-01-03 with total page 160 pages. Available in PDF, EPUB and Kindle.
Author | : Department of Department of the Treasury |
Publisher | : CreateSpace |
Total Pages | : 160 |
Release | : 2015-01-03 |
ISBN-10 | : 1503373487 |
ISBN-13 | : 9781503373488 |
Rating | : 4/5 (87 Downloads) |
Book Synopsis General Explanations of the Administrations Fiscal Year 2011 Revenue Proposals by : Department of Department of the Treasury
Book excerpt: 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.