Monday, February 15, 2010

Schedule M for Memory

The IRS is reminding people that other agencies are responsible for reporting the one-time payment of $250 that was given in 2009 to recipients receiving benefits from the Social Security Administration, disabled veterans receiving benefits from the U.S. Department of Veterans Affairs, and Railroad Retirement beneficiaries. If you can't remember whether or not you received the $250 you should contact your respective agency. This should be done prior to filing your 2009 tax return.

Information about the Economic Recovery Payment can be found here.

The form used for Making Work Pay and Government Retiree Credits is Schedule M.

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