Many working taxpayers are eligible for the Making Work Pay Tax Credit, a provision created by the American Recovery and Reinvestment Act in early 2009.

Here are some you should know about this tax credit to ensure you receive the entire amount for which you are eligible.

• In 2009 and 2010, the Making Work Pay provision provides a refundable tax credit of up to $400 for individuals and up to $800 for married taxpayers filing joint returns.
• For taxpayers who receive a paycheck and are subject to withholding, the credit will typically be handled by their employers through automated withholding changes.
• Taxpayers receiving less than the full amount of the allowable credit through reduced withholding will be entitled to claim any remaining credit when they file their tax return.
• The amount of the credit actually received during 2009 in the form of reduced withholding will be reported on your 2009 tax return.
• Taxpayers who file Form 1040 or 1040A will use Schedule M, Making Work Pay and Government Retiree Credits to figure the Making Work Pay Tax Credit.
• Taxpayers who file Form 1040-EZ will use the worksheet for ine 8 on the back of the 1040-EZ to figure their Making Work Pay Tax Credit.
• Certain taxpayers should review their tax withholding to ensure enough tax is being withheld in 2010.