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    MsWilliams's Avatar
    MsWilliams Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 19, 2007, 08:59 PM
    Tax return
    I am claiming myself and my 4 month old son how much money will I receive back?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Dec 20, 2007, 12:01 AM
    Depends upon your filing status-- Head of Household, Married filing Separately... ; your income and taxes withheld.
    For you son, you get additional exemption of $3,400, your Earned Income Credit increases, and you get $1,000 of Child Tax Credit (or Additional Child tax credit).
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Dec 20, 2007, 08:24 PM
    Agreed. We need to know a LOT more about your finances before we can give a definite answer.

    If you do not want to make that information public, you can email it to me and I will do the calculations for you.
    s_cianci's Avatar
    s_cianci Posts: 5,472, Reputation: 760
    Uber Member
    		  
    #4

    Dec 20, 2007, 08:27 PM
    It depends on how much you earned, how much tax was withheld by your employer and what deductions, besides credits for yourself and your son, that you're entitled to.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #5

    Dec 20, 2007, 08:51 PM
    Noted!
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