income tax return?`?

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income tax return?`?

Just a stupid question.. but i was wondering when you have a child how much do you get back on your tax return?

2006-11-21 04:24:49 · 3 answers · asked by kate 2 in Business & Finance ➔ Taxes ➔ India

3 answers

It depends on your income. You get a tax credit that can effect how much you get back. You can check www.irs.gov to see.

2006-11-21 04:27:25 · answer #1 · answered by E B 5 · 0⤊ 0⤋

You get a $1500.00 tax credit no matter how much you make, but with 1 child, I believe under $28,000.00 income you start qualifing for what is called Earned Income Credit. The less you make the more you get. But you have to have atleast 1 dependent to qualify. Hope this helps.

2006-11-21 04:35:27 · answer #2 · answered by henryswrecker_fr 2 · 0⤊ 0⤋

depends on your income.

2006-11-21 04:30:39 · answer #3 · answered by nwnativeprincess 6 · 0⤊ 0⤋