Schedule M - Making Work Pay and Government Retiree Credits TY2010 |
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SCHEDULE M Making Work Pay Credit
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Field No.
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Description
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Line Ref.
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0010
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Wages More Than $6,451 ($12,903 if MFJ) - Yes Box
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1a
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0020
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Wages More Than $6,451(12,903 if MFJ) – No Box
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1a
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0030
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Earned Income
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1a
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0040
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Nontaxable Combat Pay
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1b
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0050
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Multiply 1a by .062
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2
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0060
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Enter $400 ($800 if MFJ)
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3
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0070
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Smaller of Line 2 or Line 3
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4
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0080
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Adjusted Gross Income
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5
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0090
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Enter $75,000 ($150,000 if MFJ)
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6
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0100
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Line 5 More Than Line 6 – No Box
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7
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0110
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Line 5 More Than Line 6 – Yes Box
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7
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0120
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Subtract Line 6 from Line 5
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7
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0130
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Multiply Line 7 by .02
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8
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0140
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Subtract Line 8 from Line 4
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9
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0150
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Economic Recovery Pymt Recd – No Box
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10
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0160
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Economic Recovery Pymt Recd – Yes Box
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10
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0170
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Economic Recovery Payments Received
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10
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0230
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Making Work Pay Credit
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11
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Page Last Reviewed or Updated: November 07, 2011