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 Why do the Amish not have to pay social security taxes???
I THOUGHT IT WAS MANDATORY THAT WE HAD TO PAY SOCIAL SECURITY TAXES!!!!!...


 DID someone else use them on their taxes?
HOW can I find out if someone else used my children on their taxes, is there a number I can call, or a website I can go to. Please, serious inquiries only, and please dont answer this question with a ...


 Can anyone explain why so many taxes were taken out and we still owe more?
My Husband made 52,000 this year and paid quite a lot in taxes. He had me and our daughter has dependents because I didn't work. Then the last 3 monthes of the year I got a part time Job. I didn&...


 Have you received your IRS stimulous via direct deposit? If so, please tell us the last 2 digits in you ssn.?
This will help us all know where the IRS is with their payments!...


 TAX REFUND Question.........?
Can I change the Account I have my money going to if its not there yet?...


 When do you normally get your w2 from your job?
...


 According to this new Tax Cut Rebate plan, how much will I likely get?
We are a married couple with 3 children, but because of our income level, under 50,000, we end up getting everything back on our income tax return. Does this mean we only qualify for the $300 rebate ...


 Is it true that the tax rebates that they are planning to send out in May is not free?
I heard that whatever money we get with the rebate this year are part of the taxes we are paying for this year. In other words, the rebate checks are basically an advance on your 2009 refund. The ...


 Shoot! I did my taxes too soon!?
I just filed my taxes at H&R Block and forgot I held another job for a month early in the year. I just got the W-2 mailed to me and now what am I supposed to do? Am I in trouble?...


 Is there a minimum income a year to report taxes? someone told me that below some amount is notnecesarybyllaw?
...


 Why haven't I got my stimulus check?
My check was scheduled to be in my bank account on May 2nd I have still have not recieved it I dont owe back taxes or anything just wondering why its so late....


 Will the 'rebate' check really do anything to stimulate the economy? Or is it just welfare for tax payers?
It's disturbing to see the SAME folks that don't want 'welfare' for the poor,eagerly await their handout from this corrupt govt.!
The poor and disabled won't see a penny!...


 I have tax question.?
My friend is disabled. She does not work. Her fiance paid more than half the cost of keeping up her home and she has lived with him for more than half year. I read that there is an exception if the ...


 Which is the best bank in India in terms of all-round service?
Please share your experiences....


 Did Wesley Snipes deserve the 3 year sentence for tax evasion? Or did they just make an example out of him?
...


 Should I still file my taxes even if I am past the deadline and did not file for an extention?
I am late to file my taxes because I fogot about it and did not file for an extention. Should I still file my taxes? Incidently, I don't owe anything and live overseas. But I think the ...


 Married filing separately, but denied deduction for my wife. Why?
My wife is a nonresident alien with no US income and did not file a return. I filed as married filing separately, claiming her as an exemption and taking the standard deduction. Now I got back a ...


 Help... the so-called-friend that filed my taxes is keeping part of my money!!!?
i have a (ex)friend who has done a few of our mutual friend's taxes over the past few years. well i was filed jointly with my husband so when we separated i have to file them myself this year. ...


 Why does my refund drop if i can be claimed as a dependent?
I'm working on filing my federal taxes. In 2006, I have a summer job in which I brought in about $5,885, as well as a job on campus (exempt from FICA) that brought in $1025. I also earned $108 ...


 Are you self employed? do you do your tax return or use an accountant?
...



Jay Bizzle
Do you get money back from taxes if you have a child?
I have heard that the government gives you money at the end of tax season for having a child providing that you worked that taxed year.
                     
 




ninasgramma
You are correct. If you work, have a qualifying child, and your income is below about $32,000 ($34,000 if married filing jointly), then by filing your tax return you may receive a payment from the government which is more than any taxes you have paid.

This credit is called the Earned Income Credit. It is a complicated credit. Here is a booklet that explains it clearly:

http://www.irs.gov/pub/irs-pdf/p596.pdf


ricks
Rating
You dont just automatically get a refund just for having a child. You get a child tax credit for each child you claim to take care of. If using the credit pushes your tax due to a tax over payment, THEN you get a refund. You have to file to see if you actually get a refund. You are not simply granted tax money for having kids.


pooh
usually. you can go to handrblock.com and use the tax caculator,just answer the questions and it will tell you how much you will get back. its really accurate.


porsha226
Rating
depends if you are the only one claiming the child and how much money you made and if you dont already owe taxes for something.


misty blue
Rating
YES UP TO THEY TURN 18 AND NO LONGER A DEPENDANT. IF THEY ARE STILL LIVING WITH YOU AND GOING TO SCHOOL. THEY WILL BUT IF THEY ARE LIVING WITH YOU AND WORKING YOU CAN'T CLAIM THEM.BUT YOU HAVE TO HAVE PROOF THAT THEY ARE IN SCHOOL.


Been There~Done That!
That is no reason to have children.


Dang
Rating
You can have tax relief from the government by having more children. Work hard dude.


sarge927
If you have children, you can list them as dependents (assuming you were the primary caregiver for the child) and you may also be eligible for Earned Income Credit depending on how much you made last year. You can get answers to almost all of your tax questions at http://www.irs.gov/


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