Making Work Pay Calculator

The Making Work Pay credit allows a credit against income tax in an amount equal to the lesser of 6.2 percent of the individual’s earned income or $400 ($800 for married couples filing jointly). The credit applies retroactively to the start of 2009, and will be repeated again in 2010. While the Making Work Pay credit will put extra money in your pocket today, be sure to figure out exactly how it will affect you over the entire tax year.

Your Information

Please provide the following information about yourself.

My marital status is: Number of jobs for myself (and spouse, if applicable):

Your Jobs

Please provide information about your jobs(s).

Job 1
Pay Frequency
Allowances
Annual Wage
$0
$200,000
$0

Summary

Summary for Job 1
Estimated federal income tax withheld from each paycheck thru March 31, 2009
$0
Estimated federal income tax withheld from each paycheck effective April 1, 2009
$0
Estimated extra dollars in your paycheck after April 1, 2009
$0
Estimated extra dollars in your paycheck for 2009
$0

If the estimated extra dollars in your paycheck for 2009 are more than $400 (or $800 if married), you may want to adjust your W-4. See the Withholding Calculator for guidance on how to adjust your W-4.

Total amount of extra dollars for all jobs per year
$0