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Are you eligible for the Making Work Pay tax credit and Schedule M? -
April 14, 2010
"The purpose of the credit is to offset the reduced federal withholding you paid in over the year with the adjusted tables. If you qualify for the full Making Work Pay credit (and most taxpayers should qualify), you should end up with no difference at the end of the tax year. The tax rates did not change -- you just paid in less." -
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