Now, if during the year John and Mary both have done good work and they get a pay increase, let's say they get $5,000 increase this year because the economy is recovering, so now they are making, not $70,000 together but $80,000, how does that affect their income verification from last year?
Jim McDermott: “Now, if during the year John and Mary both have done good work and they get a pay increase, let's say they get $5,000…”
On the recordSeptember 9, 2014
Source
congress.govEditor's note · Context
McDermott questions how income changes impact verification for tax credits.
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