Underwithholding of Income Taxes and the Making Work Pay Tax Credit.

Reviews eligibility for the making work pay tax credit, authorized under P.L. 111-5, the American Recovery and Reinvestment Act of 2009. Explains how taxpayers who were ineligible for the tax credit received the tax credit nonetheless, and as a result may find that their 2009 income tax refunds are...

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Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 2009.
Series:U.S. Congressional Research.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Reviews eligibility for the making work pay tax credit, authorized under P.L. 111-5, the American Recovery and Reinvestment Act of 2009. Explains how taxpayers who were ineligible for the tax credit received the tax credit nonetheless, and as a result may find that their 2009 income tax refunds are lower than they anticipated, or that they owe taxes when they expected a refund. Identifies groups of taxpayers affected.
Item Description:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Electronic resource.
Physical Description:1 online resource.