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    asn234's Avatar
    asn234 Posts: 17, Reputation: 1
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    #1

    Jan 27, 2011, 12:53 PM
    Making Work Pay Credit with taxable research fellowship
    I conduct scientific research at an institution and am paid with a research fellowship that has taxes withheld (1099-MISC). I should be eligible for the Making work pay credit, but I was not paid with a W2. On the schedule M, should I just answer yes to the question "Do you have 2010 wages of more than $6451?" Schedule M states that if you receive a taxable fellowship, you should answer No and fill out a worksheet to determine your earned income. If I do it this way, my earned income ends up being 0.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Feb 4, 2011, 11:49 PM
    Then you are NOT eligible for the Making Work Pay Credit.
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