How many dependents can you file on your taxes.

For personal exemptions you would want to claim all of your dependents. For 2008 tax returns that is $3,400 each. For EIC Purposes you will only receive credit up to two

Believe it ot not, having a LOT of children could make your tax return subject to the Alternative Minimum Tax (AMT).

And, BTW, the 2008 personal exemption is $3,500.