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The making work pay credit is reduced by the amount of the Govt Retiree credit (or the Social Security credit) so rather than $400 he would only qualify for $150 and then doesn't qualify for that because of the phase out amount.

Well, no. Look at Sch M. It's true that if there is a Making Work Pay credit, it's reduced by a $250 Govt Retiree credit. But in this case, there IS no MWP credit, as AGI is too high. That is, Sch M line 9 is zero. Every way you work it, there should be $250 at the bottom of Sch M.

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