Anyone know about 2010 tax tables/errors?

mrsklamc

<font color=blue>I apologize in advance, but what
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Oct 29, 2006
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My BF's DH works for a payroll company. He says the 2010 tax tables are incorrect and give back too much for the making work pay credit if you are married. Basically, everyone gets $400 back per person, but if you withhold as married, it gives you back $800 per person, so you would end up owing a lot this time next year. He suggests that I change my withholding to single.

Can anyone confirm this, or explain it better?
 
My BF's DH works for a payroll company. He says the 2010 tax tables are incorrect and give back too much for the making work pay credit if you are married. Basically, everyone gets $400 back per person, but if you withhold as married, it gives you back $800 per person, so you would end up owing a lot this time next year. He suggests that I change my withholding to single.

Can anyone confirm this, or explain it better?

There is not an error in the tables but you could have gotten too much.

If you are married then both companies may have given you the $800. That would mean that you got twice what you were allowed. You will owe the difference.
 
I'm pretty sure that was an error with the 2009 withholding tables. The 2010 withholding tables actually take more out in withholding than the pre making work pay tables did. One of my jobs is salary-based, and I'm getting less in my paychecks this year than last, and they did NOT adjust for the Making Work Pay credit last year, so it's pretty easy to see what happened. They also made it clear on the first pay stub that the change was due to a change in the withholding tables.
 


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