Comments on: Help A Reader: How Does The Make Work Pay Tax Credit Work? http://www.moneycrashers.com/help-a-reader-how-does-the-make-work-pay-tax-credit-work/ Personal Finance Blog, Your Guide to Financial Fitness Thu, 09 Feb 2012 21:28:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Doug Bhttp://www.moneycrashers.com/help-a-reader-how-does-the-make-work-pay-tax-credit-work/#comment-6520 Doug B Wed, 01 Apr 2009 00:55:27 +0000 http://www.moneycrashers.com/?p=762#comment-6520 From what I read of the comment/answer as to whether it reduces your withholding, thereby reducing your refund, the answer just said that it wouldn't increase your tax liability, which isn't the same as reducing your refund. Wonder if it was a government employee? I've heard no information regarding Tax reduction, just Withholding reduction, thereby reducing your refund. That's why they encourage higher income couples and individuals to increase their whithholding. Me personally, I hate to have to pay when I file taxes, and while I don't like 'parking' extra money with the IRS, I still wouldn't want to pay more after the fact. Of course, we could all live in CA where they're talking about delaying the refunds for state income tax. From what I read of the comment/answer as to whether it reduces your withholding, thereby reducing your refund, the answer just said that it wouldn’t increase your tax liability, which isn’t the same as reducing your refund. Wonder if it was a government employee?

I’ve heard no information regarding Tax reduction, just Withholding reduction, thereby reducing your refund. That’s why they encourage higher income couples and individuals to increase their whithholding. Me personally, I hate to have to pay when I file taxes, and while I don’t like ‘parking’ extra money with the IRS, I still wouldn’t want to pay more after the fact.

Of course, we could all live in CA where they’re talking about delaying the refunds for state income tax.

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