IRS gives but just might take it away:
Apparently the IRS messed up that $800 bucks you get to keep or $13 a pay period might bite you next year. . .
From the article . . .
– A single college student with a part-time job making $10,000 would get a $400 boost in pay. However, if that student is claimed as a dependent on a parent’s tax return,
she doesn’t qualify for the credit and would have to repay it when she files next year.
OUCH . . .
Be Careful and get that Deduction right. . . Uncle Sam may get you in the end!
Tax Rebate in 09 could bite you in 2010 look out
Tax Rebate in 09 could bite you in 2010 look out
