In a report released Monday, the Treasury Inspector General for Tax Administration estimates that 15.4 million people, or about 10.4 percent of all taxpayers, could owe more than they normally would when they file their 2009 returns because they’ve …
Read Original Story: Millions of taxpayers get credit they shouldn't – San Francisco Chronicle
Millions of Americans who expected slight tax breaks courtesy of this year’s stimulus could soon discover they actually owe money to the federal government. The Making Work Pay tax credit, offered as a wage advance, …
Read Original Story: Making Work Pay tax credit recipients could owe money to the IRS – The Hill
For more than 15.4 million people, the Making Work Pay tax credit enacted as part of the $787-billion economic stimulus package could turn out to be a Making You Pay Back tax credit. That’s the finding of a government watchdog report out today about …
Read Original Story: Millions may have to repay part of Obama tax credit – Los Angeles Times
(ChattahBox)—The Making Work Pay tax credit, issued to taxpayers under the stimulus package last February, may bring some Americans an unwelcome surprise when the time arrives to prepare their tax returns. A new report released by the Treasury …
Read Original Story: Report: 15 Million May Owe Taxes on Stimulus Tax Credit – ChattahBox
WASHINGTON (Indiana’s NewsCenter) – Millions of taxpayers could end up owing Uncle Sam money next spring. It turns out the government was too generous with the new ‘Making Work Pay’ tax credit. The tax credit was made available through …
Read Original Story: Tax Credit Error May Result In You Having To Pay More On This Year's Taxes – Indiana's NewsCenter
More than 15.4 million people — roughly 10% of all tax filers — will owe more taxes than they expected because of the Making Work Pay tax credit. Mostly, people with more than one job, two-income couples filing jointly, and workers also receiving …
Read Original Story: Tax credit questions and answers – Los Angeles Times
(WFIE) – More than 15 million taxpayers could unexpectedly owe taxes when they file their federal returns next spring because the government was too generous with their new Making Work Pay tax credit. …
Read Original Story: Tax credit may affect your spring filing – 14WFIE.com
By WebCPA Staff The Making Work Pay Credit, a tax credit that was a signature part of President Obama’s economic stimulus package in February, could lead to more than 15.4 million people owing additional taxes, according to a new government report. …
Read Original Story: Making Work Pay Credit May Cause Millions to Owe More Taxes – WebCPA
Remember those $400.00 and $800.00 tax credits Barack Obama gave you in his stimulus plan? And remember that $250.00 gift he gave social security recipients? Well, Obama decided he wants them back. Yep. According to the IRS, Obama has never asked for …
Read Original Story: Barack Obama Called. He Wants Your Tax Credit Back. – RedState (blog)
Some people may have had too little withheld this year as a result of the tax credit, a cornerstone of the Obama administration’s $787-billion economic stimulus package. Sen. Charles E. Grassley (R-Iowa) criticized the Obama administration’s Making …
Read Original Story: Millions may have to repay part of Making Work Pay tax credit – Los Angeles Times
