S.3680 - 2013 Making Working Pay Credit Act

A bill to amend the Internal Revenue Code of 1986 to modify and extend the making work pay credit. view all titles (2)

All Bill Titles

  • Official: A bill to amend the Internal Revenue Code of 1986 to modify and extend the making work pay credit. as introduced.
  • Short: 2013 Making Working Pay Credit Act as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
12/13/12
 
 
 
 
 
 
 

Sponsor

Senator

Thomas Harkin

D-IA

View Co-Sponsors (2)

Official Summary

2013 Making Working Pay Credit Act - Amends the Internal Revenue Code to: (1) revive in calendar year 2013 the making work pay tax credit, (2) establish the amount of such credit as the lesser of 6.0% of earned income or $800 in a taxable year ($1,600 for married couples filing jointly), an

Official Summary

2013 Making Working Pay Credit Act - Amends the Internal Revenue Code to:
(1) revive in calendar year 2013 the making work pay tax credit,
(2) establish the amount of such credit as the lesser of 6.0% of earned income or $800 in a taxable year ($1,600 for married couples filing jointly), and
(3) require a reduction of such credit for taxpayers whose modified adjusted gross income exceeds $60,000 ($90,000 for married couples filing jointly).

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