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| *Loan,banking and credit>>>child tax |
How much do u get back for taxes this year for 1 child dependant? |
dependant is 2 yrs.old Without knowing how much you made and how much was withheld from your pay it's not possible to say. Depending upon the circumstances you could owe money or be getting a refund; there's no way to tell without more information. If you have a dependent child and have income to report, then the amount of refund depends on the amount of income. If your income only from wages is below approximately $15,000, then you are assured of a refund ranging from zero up to approximately $3,400. The refundable credit for having a dependent child (the Earned Income Credit) starts at zero for zero income, reaches a maximum for income between about $8,000 to $15,000, and then decreases to zero at income of $32,000. At income over approximately $32,000, you no longer will receive the refundable credit for a child (the Earned Income Credit), and you will owe taxes. Your refund will depend on how much withholding has already been paid. you should be entitled to what ever they normally give you as a total for aa dependant every year what you normally get |
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