Createspace Independent Publishing Platform
General Explanations of the Administration's Fiscal Year 2014 Revenue Proposals
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General Explanations of the Administrations Fiscal Year 2010 Revenue Proposals
Product Code:
9781503373396
ISBN13:
9781503373396
Condition:
New
$19.23
General Explanations of the Administrations Fiscal Year 2010 Revenue Proposals
$19.23
In 2009 and 2010, individual taxpayers are eligible for a refundable tax credit of 6.2 percent of earned income up to a maximum credit of $400 ($800 for joint filers). Thus, workers receive a credit on the first $8,065 of earned income ($16,130 for joint filers). The credit phases out at a rate of 2 percent for taxpayers with modified adjusted gross income in excess of $75,000 ($150,000 for joint filers). Dependent filers are not eligible for the credit. Neither the maximum credit amount nor the beginning of the phase-out range is indexed for inflation.
| Author: Department of the Treasury |
| Publisher: Createspace Independent Publishing Platform |
| Publication Date: Jan 03, 2015 |
| Number of Pages: 138 pages |
| Binding: Paperback or Softback |
| ISBN-10: 1503373398 |
| ISBN-13: 9781503373396 |
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