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Last One to Post Here Wins #16

TintDude

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tint123

tint123

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I found this one yesterday talking to my CPA.

Schedule M "making work pay" it is a tax credit of $800 for Married filing joint.

From filling out the form, we get the credit and save $800 on the tax bill. (It is listed under tax payments on the long form 1040)

Be sure to check with your tax preparer to see if you can take it.

AND, if you bought a new car in 2009 AFTER Feb 16th, Schedule L is the form to fill out if you do not itemize.

If you do itemize, it goes on Schedule A added in to your General state sales tax.

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