Is there a set amount for on what I can get back for my three children on my taxes?

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I know I do not qualify for the earned income, so I was just wondering what is the amount that I can get back for my chidren.

2007-01-29 09:19:16 · 2 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States

There is a $3300 exemption and a $1000 credit for each child but there are income phaseouts for both.

2007-01-29 09:37:36 · answer #1 · answered by Wayne Z 7 · 0⤊ 0⤋

There is no "set amount". You'll have to prepare a complete tax return to see how much, if anything, you are entitled to.

2007-01-29 17:47:07 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋