Filing Tax for “Making Work Pay Credit” and “Credit For Federal Tax on Fuels?
Question by : Filing Tax for “Making Work Pay Credit” and “Credit For Federal Tax on Fuels?
What is “Making Work Pay Credit” and “Credit For Federal Tax on Fuels”? Can head of household file it in California? Thanks.
Answer by Bostonian In MO
Everyone with earned income who is not a dependent qualifies for the MWP credit. It’s 6.2% of your earned income, capped at $ 400 per taxpayer. See Schedule M.
The Credit for Federal Tax on Fuels is for certain non-taxable business use of taxable motor fuels. Examples would include farm use of motor fuels, commercial fishing, stationary engines, etc. See Form 4136 and its instructions for more information.
Filing as Head of Household has nothing to do with what state you live in.
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