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honeyluvjay | If you no about tax preparation (PLEASE HELP)? |
okay I have only worked for 7 months this year and earned about 7500 dollars this year. i have have a two year old and a 4 month old.
How much tax refund am I availible to recieve.
Will it be more or less than 2,000 dollars
Please Help
Additional Details
what else would you need to no |
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mom_single_sexy
 |
There are other factors that influence this answer, are you single, divorced, married etc, any childcare deductions, any other deductions. I am guessing it will be less than 2000 if you made on 7500.00 Even with the EIC it will still be less. |
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Judy1
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You'd probably be eligible for around $3000 for EIC. Also fill out the rebate recovery worksheet to get $300 for the baby.
The above assumes that you are not a dependent, and that either you are single or the $7500 is your joint income. |
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ninasgramma
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If you qualify for the Earned Income Credit, your refund will be more than $2,000.
There may be reasons you do not qualify for the Earned Income Credit. For example, if you are age 18 or younger and live with your parents or other close relative who may claim you as a dependent. You also have to have lived with your children for more than six months, or since birth in the case of the younger child. |
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v b
 |
If you had exactly $7500 in earned income and no other income, you MIGHT qualify for $3000 of EIC.
Do not spend it before you get it. |
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ladykenmax
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Tax laws change every year. You will have to wait and see what happens with filing your return. |
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travelguruette
 |
For EIC not only does income count but you must be 25 yrs old or more and under 65 |
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divalicious_cj
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It's hard to say with just the info given! |
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wartz
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I can guarantee it be more or less than 2,000 dollars. |
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