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Lupedeleon
Jan 21, 2010, 02:23 PM
I made about 16000 but I have three kids would I get more with three or just two kids claim cause I heard you can't get anymore money for the third kid

ScottGem
Jan 21, 2010, 02:55 PM
First its not a good idea to piggyback your question on someone else's. This can lead to confusion. You should start a new thread. So I've moved your question to its own thread.

Generally you don't "get" money for a child. Each dependent represents a deduction against your taxable income which reduces the amount of taxes you owe.

There is also an Earned Income Tax Credit for dependents that directly reduces the amount of taxes you owe (a Deduction reduces the amount of income you owe taxes on).

Making $16K with three kids will probably mean you will get back all the taxes withheld from your salary. But you don't get back more than you paid in.

AtlantaTaxExpert
Jan 29, 2010, 11:31 AM
Actually, he WILL get more than he paid in, since both the Child Tax Credit and the EIC are refundable credits.

ScottGem
Jan 29, 2010, 11:34 AM
Oops