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    monzi's Avatar
    monzi Posts: 3, Reputation: 1
    New Member
     
    #1

    Sep 13, 2008, 04:27 PM
    Too many kids.
    How many dependents can you file on your taxes.
    IndustryMommy's Avatar
    IndustryMommy Posts: 26, Reputation: 7
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    #2

    Sep 13, 2008, 04:35 PM
    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
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #3

    Sep 15, 2008, 10:54 AM
    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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