You don't get any additional income for having a child.
Child support is a percentage of net income.
It is based upon the income of the mother and father of the child.
1500 per child
no
20-30% of your income
The credit reduces your taxable income by up to $1,000 per qualifying child, so your income must be at least as much as the amount of the credit you claim. Otherwise, there is no income for the credit to reduce. If you make less than the amount of the Child Tax Credit, you may still qualify for the Additional Child Tax Credit.
Yes, as all states do.
No.No.No.No.
Depends on where you live, how much you make and can also depend on how much custody you have of the kids. Child support is usually a percentage of net income (e.g., in Illinois, 20% for one child, 25% for two children).
In general, child support is a percentage of net income. In Illinois, for example, it's 20% of net income for one child, 25% for two, etc. Income is almost anything, including overtime, unemployment benefits and workers compensation, but not welfare payments or SSI.
When you do not have any qualifying earned income you do NOT get any income tax return refund.
No, child support is not income.