English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

how much will someone recieve for a newborn for child tax credit?

2007-01-10 15:00:27 · 2 answers · asked by Anonymous in Business & Finance Taxes Other - Taxes

2 answers

If you owe tax, your tax will reduced by up to $1,000 by the Child Tax Credit.

If you owe less than $1,000 before the Child Tax Credit is used, then you will owe no tax. You may get some of the unused credit back as Additional Child Tax Credit, if your income is over $11,300.

See also "Earned Income Credit" to see if you qualify.

2007-01-10 17:44:25 · answer #1 · answered by ninasgramma 7 · 0 0

$1000, as long as the baby was born in 2006, even if late on December 31.

2007-01-11 00:25:18 · answer #2 · answered by Judy 7 · 0 0

fedest.com, questions and answers