Dose having 8 children mean you get 8000 form the goverment in child tax credit?

Answer 1

No, you can only claim Child tax credit can only reduce your tax liability (what you owe) and can not give you a refund above that amount. The additional child tax credit is for filers who did not make enough money to get the full benefit of the child tax credit. And you can not get more than 2,000 for this credit no matter how many children you have. On the additional child tax credit, you ca get a refund even if you did not pay any taxes.

Answer 2

Yes, but only if you owe that much tax. The child tax credit reduces you tax, but not below zero - you don't get the extra back as a refund. There's something called the additional child tax credit: if you don't owe enough to take the full credit, you might be able to get some of the difference, and it would be refunded to you without regard to owing any tax.

Answer 3

A couple with 8 children would have 10 exemptions. In order to owe $8,000 in tax, their income would have to be about $95,000. So they could use the $8,000 child tax credit to reduce their taxes to zero.

If their income is below $95,000 they would still pay no tax but they would not be getting the full $8,000 child tax credit.

If they fall into a certain income level, too much to get the Earned Income Credit but not enough to owe income tax, then they could get some money paid to them, called the Additional Child Tax Credit. It could be as much as their Social Security and Medicare taxes paid, it would not be $8,000.

Answer 4

This is a difficult question without knowing how you file and what your income is. It also depends on what other credits you take. The Child Tax Credit reduces the tax you owe, or the Additional Child Tax Credit can give you a bigger income tax refund.
If you are married filing joint, the income can not be more than $110,000 and no less than $11,300.
I would get tax advice from a tax professional to be sure.

Answer 5

You should call the IRS on this one. Because the limit in my state is 3 dependents max to receive full credits and deductions. It maybe the same in every state. But unless you consult a trained tax professional. You will never get a straight answer. Good Luck.

Answer 6

I think it means it is time to close your legs and put an "Out of Business" sign up.

Answer 7

from the irs:
This credit is for people who have a qualifying child as defined on this page. It is in addition to the credit for child and dependent care expenses (on Form 1040, line 48; Form 1040A, line 29; or Form 1040NR, line 45) and the earned income credit (on Form 1040, line 66a; or Form 1040A, line 40a).

The maximum amount you can claim for the credit is $1,000 for each qualifying child.

Qualifying Child

A qualifying child for purposes of the child tax credit is a child who:

Is your son, daughter, stepchild, foster child, brother, sister, stepbrother, stepsister, or a descendant of any of them (for example, your grandchild),

Was under age 17 at the end of 2006,

Did not provide over half of his or her own support for 2006,

Lived with you for more than half of 2006 (see Exceptions to time lived with you below), and

Was a U.S. citizen, a U.S. national, or a resident of the United States. If the child was adopted, see Adopted child below.


For each qualifying child, you must either check the box on Form 1040 or Form 1040A, line 6c, column (4); Form 1040NR, line 7c, column (4); or complete Form 8901 (if the child is not your dependent).

Adopted child. An adopted child is always treated as your own child. An adopted child includes a child lawfully placed with you for legal adoption.
If you are a U.S. citizen or U.S. national and your adopted child lived with you all year as a member of your household in 2006, that child meets condition (5) above to be a qualifying child for the child tax credit.
Exceptions to time lived with you. A child is considered to have lived with you for all of 2006 if the child was born or died in 2006 and your home was this child's home for the entire time he or she was alive. Temporary absences for special circumstances, such as for school, vacation, medical care, military service, or detention in a juvenile facility, count as time lived with you.
There are also exceptions for kidnapped children and children of divorced or separated parents. For details, see the instructions for Form 1040, lines 53 and 6c; Form 1040A, lines 33 and 6c; or Form 1040NR, lines 48 and 7c.
Qualifying child of more than one person. A special rule applies if your qualifying child is the qualifying child of more than one person. For details, see the instructions for Form 1040, lines 53 and 6c, or Form 1040A, lines 33 and 6c.
Limits on the Credit

You must reduce your child tax credit if either (1) or (2) applies.

The amount on Form 1040, line 46; Form 1040A, line 28; or Form 1040NR, line 43; is less than the credit. If this amount is zero, you cannot take this credit because there is no tax to reduce. But you may be able to take the additional child tax credit. See Additional Child Tax Credit, later.

Your modified adjusted gross income (AGI) is above the amount shown below for your filing status.

Married filing jointly - $110,000.

Single, head of household, or qualifying widow(er) - $75,000.

Married filing separately - $55,000.


Modified AGI. For purposes of the child tax credit, your modified AGI is your AGI plus the following amounts that may apply to you.
Any amount excluded from income because of the exclusion of income from Puerto Rico.

Any amount on line 45 or line 50 of Form 2555, Foreign Earned Income.

Any amount on line 18 of Form 2555-EZ, Foreign Earned Income Exclusion.

Any amount on line 15 of Form 4563, Exclusion of Income for Bona Fide Residents of American Samoa.

If you do not have any of the above, your modified AGI is the same as your AGI.
AGI. Your AGI is the amount on Form 1040, line 38; Form 1040A, line 22; or Form 1040NR, line 36.
Claiming the Credit

To claim the child tax credit, you must file Form 1040, Form 1040A, or Form 1040NR. You cannot claim the child tax credit on Form 1040EZ or Form 1040NR-EZ. You must provide the name and identification number (usually a social security number) on your tax return (or Form 8901) for each qualifying child.

Earned Income

You will need to figure your earned income using one of the worksheets in this publication if you are completing the Line 11 Worksheet (page 6) or Form 8812. Form 1040 or Form 1040NR filers, use the worksheet on page 8 to figure your earned income. Form 1040A filers, use the worksheet on page 9.

For this purpose, earned income includes only:

Taxable earned income, and

Nontaxable combat pay.


Additional Child Tax Credit

This credit is for certain individuals who get less than the full amount of the child tax credit. The additional child tax credit may give you a refund even if you do not owe any tax.


check the irs website for tables.