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KianaBoggan
Jan 28, 2008, 03:55 PM
How much do you get back in taxes per child?
Fr_Chuck
Jan 28, 2008, 03:59 PM
You do not get back a certain amount "per child" you do get deductions to use against your income for each dependent you have, This may lower the amount of tax you owe or allow you a refund of the tax you have already paid in.
MukatA
Jan 29, 2008, 09:23 PM
1. Extra deduction of $3,400 per child
2. Increased Earned Income Credit if income is up to a limit.
3. $1,000 for each child as child tax credit. This credit will reduce your taxes.
AtlantaTaxExpert
Jan 30, 2008, 12:10 PM
Well stated, MukatA.