The new federal Making Work Pay credit allows taxpayers to pocket up to $400 per person per year. According to IRS, the credit available for tax years 2009 and 2010, is 6.2 percent of a taxpayer’s earned income for a maximum credit of $800 for joint filers and $400 for other taxpayers. A W-4 is the form you fill out when you’re hired to make sure the right amount of federal income tax is withheld from your paycheck. Visit irs.gov now so you can calculate your 2009 Income Tax Return.

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