MONTGOMERY, AL (WSFA) - Part of President Obama's stimulus plan--the 'Making Work Pay' tax credit--shaved small amounts of tax from the paychecks of millions of Americans.
"A typical family will begin taking home at least 65 dollars more every month," Obama explained in a February address.
An audit by the US Treasury department spotted a problem. The tables put in place to regulate the withholding tax breaks--set at $400 per year for individuals and $800 for couples--didn't take into effect some social security recipients, married couples in which both people work, or people with multiple jobs.
"One [employer] is giving you a benefit for $400 credit, the other's giving you a benefit for $400 credit, but the government only wants you to have $400 [total]," explained Clint Freeman, tax director at Wilson Price CPAs in Montgomery.
The IRS set up an online withholding calculator. To see if this tax break affects you, click here.