mamaof2007
May 25, 2008, 10:32 AM
I just had a baby September 8,2007 and I just did my income taxes and I put her as a dependent how much would I get back for her
MukatA
May 25, 2008, 10:47 AM
1. You get $3,400 exemption deduction. This reduces your taxable income.
2. Your earned income credit increases.
3. You will get $1000 as child tax credit. This reduces your tax on your total income.
4. You will get $300 more as stimulus rebate.