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is it in the hundreds? or thousands? or nothing!?

2007-11-10 15:50:34 · 12 answers · asked by KnowMe 4 in Business & Finance Taxes United States

12 answers

it depends on how much you make, their are guidelines for qualifying to receive earned income credit. earned income credit for a child is between $1200 and $1500

2007-11-10 15:55:14 · answer #1 · answered by lisa n 3 · 0 2

It depends on a number of variables. Is this your child, who lived with you? You'd get an exemption for the child, plus if he/she is under age 17, a tax credit of up to $1000. Depending on your income and filing status, you might also become eligible for an earned income credit. So the total could be over $1000, but not necessarily.

If it isn't your child you are talking about, you probably can't claim him or her.

2007-11-11 00:58:02 · answer #2 · answered by Judy 7 · 1 0

Depends upon your income, filing status and what credits you qualify for, if any. What's more, getting a refund depends upon your tax liability and how much tax was withheld from your pay. If you've underpaid you could have 10 kids and you'd still have to pay when you filed.

2007-11-11 02:26:11 · answer #3 · answered by Bostonian In MO 7 · 0 1

It should be about $1500.00 per dependent / child, the amount refunded can change depending on your income and what tax form you use to file with.

2007-11-11 05:26:50 · answer #4 · answered by candocantu55 1 · 0 1

First you have to have a dependent that you *can* claim.

Then you have to do the tax return to see if having a dependent makes any difference.

The $2500 number that people are bandying about is meaningless!

2007-11-11 03:12:13 · answer #5 · answered by Anonymous · 1 0

hundreds but do u want the child or the money...

2007-11-10 23:54:00 · answer #6 · answered by ~shet head~ 1 · 0 0

In EIC or what?

The biggest leap is for the first, then good for the second. Drops off heavy on the third and up.

Plus depends on how much you make.

If it's contested make sure you file first.

2007-11-10 23:54:06 · answer #7 · answered by Anonymous · 0 2

the new tax laws puts each child at a 2500 dollar deduction

2007-11-10 23:58:59 · answer #8 · answered by the_real_eaglesfan03 3 · 0 3

i claimed 2 kids last year and got $9,000 back but i paid $18,000 that year

2007-11-10 23:56:07 · answer #9 · answered by Anonymous · 0 1

umm hundreds why

2007-11-10 23:53:14 · answer #10 · answered by Anonymous · 0 0

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