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  2. Making Work Pay tax credit - Wikipedia

    en.wikipedia.org/wiki/Making_Work_Pay_tax_credit

    The credit was given at a rate of 6.2 percent of earned income up to a maximum of $400 for individuals or $800 for married taxpayers. Making Work Pay could be claimed by single filers making between $8,100 per year and $95,000 per year. Joint filers in the range of $8,100 and $190,000 could claim it annually.

  3. Taxes: What you can actually deduct after working from home ...

    www.aol.com/finance/taxes-actually-deduct...

    As part of the home office deduction, you can write off some of your utility expenses, taxes, insurance, repair, and depreciation. There are two ways to figure out how much to deduct: Simplified ...

  4. Tax return 'backlog is still crushing the IRS,' report finds

    www.aol.com/finance/tax-return-backlog-still...

    The report found the IRS still needs to process 10.5 million individual paper tax returns as of May this year — both original and amended returns — compared with 8.8 million left unprocessed ...

  5. IRS tax forms - Wikipedia

    en.wikipedia.org/wiki/IRS_tax_forms

    Schedule L (until 2010) was used to figure an increased standard deduction in certain cases. [2] Schedule M (2009 and 2010) was used to claim the Making Work Pay tax credit (6.2% earned income credit, up to $400). [3] Schedule R is used to calculate the Credit for the Elderly or the Disabled.

  6. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    The United States federal earned income tax credit or earned income credit ( EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. The amount of EITC benefit depends on a recipient's income and number of children. Low income adults with no children are eligible. [1]

  7. IRS Volunteer Income Tax Assistance Program - Wikipedia

    en.wikipedia.org/wiki/IRS_Volunteer_Income_Tax...

    The Volunteer Income Tax Assistance (VITA) grant program is an Internal Revenue Service (IRS) initiative in the United States that supports free tax preparation service for the underserved through various partner organizations. VITA service helps low- to moderate-income individuals, persons with disabilities, the elderly, and limited English ...

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