The IRS has released a draft of the 1040 Schedule M for 2009 returns. This form is how the Making Work Pay and Retiree tax credits will be computer. You can download the form here.
Once all the calculations are done, the amount on line 14 is taken to either 1040, 1040A or 1040NR. There is no mention of the 1040EZ. Does that mean the form will be limited to only taxpayers who don't qualify for the credit like dependents? Or, is the form going away for a couple of years? Or, will a revised form have the credit go to the 1040EZ also. Interesting!







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