For 2009 and 2010, Congress gave workers a credit of 6.2 percent of their earned income, capped at $400 for single filers and $800 for joint filers. For single filers, the credit begins phase-out at $75,000 of Adjusted Gross Income and ends at $95,000. The phaseout range for couples is $150,000-$190,000. Employees will get the [...]
Read MorePayroll Tax Credit for 2009 & 2010
0
