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View Full Version : How much do I get back in taxes


belttech
Jan 11, 2010, 09:32 PM
Made 84287.00 pre tax 80578.00 cut 14691.00 fed claim single and 1 have 2kids to claim

AtlantaTaxExpert
Jan 12, 2010, 09:13 AM
Okay, modified guidance.

As SINGLE with two kids (assume you are divorced and the children did NOT live with you), your tax liability is $13,094, which means your refund is $1,597.

Not too bad, though ANY refund is too much. If you are alternating years with your ex-spouse for claiming the kids, you will OWE for 2010.

The custodial parent gets the $1,000 Child Tax Credit.