How many dependents can you file on your taxes.
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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.
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