Millions of Americans now receiving their $10.25 individual weekly windfall from President Obama’s “Making Work Pay” tax credit may be in for a disagreeable surprise next spring.
The government may want some of that money back.
The tax credit is supposed to provide up to $400 to individuals and up to $800 to married couples as part [...]
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Taxpayer surprise
May 5th, 2009 · 5 Comments - add yours · Economy, Politics, Population, bailout, congress, economics, employment, presidential election, stimulus
Tags: 2009 income taxes·child tax credit·economic recovery act·federal government·federal income tax·federal tax·federal tax credit·federal tax withholding·income tax·income tax estimator·income tax rates·income tax refund·income tax return·income tax withholding·IRS tax return·payroll taxes·President Obama·retirees·tax calculator·tax credit·tax return·tax surprise·Timothy Geithner