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Also do you have to make a certain amount to be able to get the child tax credit and the earned income credit?

2007-12-27 06:05:15 · 3 answers · asked by Anonymous in Business & Finance Taxes United States

3 answers

You will need to look at form 8812 to see if you can qualify for a child tax credit above your tax liability (also known as a refundable credit). It can be used in conjunction with either 1040, 1040A or 1040NR.

I hope that helps.

2007-12-27 06:11:56 · answer #1 · answered by Michael K 5 · 1 0

Either 1040 or 1040A - you can't claim dependents on 1040EZ.

There are income limits for EIC. For the child tax credit, you have to have some tax liability or you won't get any benefit from it. Under some circumstances, if you don't have enough tax liability to get the full child tax credit, you can get something called the additional child tax credit.

2007-12-27 14:19:54 · answer #2 · answered by Judy 7 · 0 0

You can probably use the 1040A.

You need EARNED income of less than $35-36,000 to qualify for EIC.

You need EARNED income of more than $11750 to qualify for additional child tax credit.

2007-12-27 14:15:23 · answer #3 · answered by Anonymous · 0 0

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