federal taxe baby bonus?

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federal taxe baby bonus?

how much would i get from federal for having a baby?

2007-11-28 16:50:52 · 4 answers · asked by bmgriffin97206 1 in Business & Finance ➔ Taxes ➔ United States

4 answers

You have not provided enough information.

2007-11-28 16:53:25 · answer #1 · answered by Anonymous · 1⤊ 1⤋

You'll get a $3400 exemption (subtracted from your income before taxes are calculated) and a child tax credit of up to $1000 if your tax is that much.

2007-11-29 01:12:42 · answer #2 · answered by Judy 7 · 0⤊ 0⤋

You may qualify for an additional exemption on your tax return. You do not get a "baby bonus."

2007-11-29 11:11:52 · answer #3 · answered by npk 7 · 0⤊ 1⤋

For your 2007 taxes, each personal exemption is worth $3,400.

2007-12-01 08:45:17 · answer #4 · answered by Gary 5 · 0⤊ 0⤋