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household of 1 adult & 1 child

2006-10-14 03:06:11 · 3 answers · asked by Gloria B 1 in Business & Finance Taxes United States

3 answers

"You have one qualifying child and you earn less than $32,001 ($34,001 if married filing jointly)"

http://www.irs.gov/formspubs/article/0,,id=109876,00.html#exempt_2006

Best wishes.

2006-10-14 06:47:55 · answer #1 · answered by JQT 6 · 0 0

I have found the best source of accurate, free tax advice is from volunteer members of AARP (American Assciation of Retired People). They probably have a listing in your local telephone directory. If not, try a free call-in program with a local radio station to locate AARP members in your area.

2006-10-14 03:13:04 · answer #2 · answered by Scoop81 3 · 0 0

$30,338 ($31388 for married filing jointly) with one qualifying child.
$34,458 ($35,458 for married filing jointly) with more than one qualifying child or
$11,490($12,490 for married filing jointly) if you do not have a qualifying child.

I hope this helps. There are no notices of increases for FY06 as of yet.

Good luck

2006-10-14 03:24:54 · answer #3 · answered by Anonymous · 1 2

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