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Q: How much money you get for each kid you claim on your income taxes?
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Related questions

How long can non-custodial father claim child on taxes?

If he has no taxable expenses in the child then he cant claim on tax.


How can Mexicans get so much money back on taxes?

How do you know how much money Mexicans get back on taxes? Is the question refer to Illegal Mexican workers? If so they are allowed to claim the additional child tax credit for each child.


What percent of your paycheck is held out for federal taxes?

The percentage that is taken out of your paycheck depends on your exemptions and the amount of money you make. Generally, around 15% is taken out of each paycheck and held for taxes, social security and other fees.


How does the number of exemptions claimed affect the amount of taxes you will pay?

The number of exemptions that you claim affects the amount of taxes that you will pay by lowering them. That is if the exemptions are claimed when you file your taxes. The more exemptions that you claim on your paycheck, the more you money you receive in your pay each week, rather than having more in your tax refund.


When are taxes do?

Federal income taxes are due April 15 of the following year.Most state income taxes are due the same day, but check with your state.Other taxes such as property taxes, estimated taxes, sales taxes, etc. each have their own due date.


What are problems with taxes?

people are making more money and the tax people is complaining about paying more of the income to the people they are trying to pay less to each of um


Do partnerships pay income taxes?

No but they do file a 1065 income tax return and report each partners share of the taxable income to them on a schedule 1065 K-1 and each partner then reports the partner share on the income tax return an pays all of the necessary taxes on it.


Are federal corporate income taxes deductible for state income taxes?

In general, states do not allow a deduction for federal income taxes as most states "piggyback" off of federal taxable income as the beginning of the state income tax calculation. However, the states of Alabama , Iowa , Louisiana , and Missouri have variations of state taxable income that allows for some potential deduction for federal income taxes. Each of these four states has its own unique methodology for the deduction and each place certain restrictions on the ability to take the deduction.


How much does each state pay in Federal income taxes?

as much as they wont.... =)


What date is the deadline each year for when income taxes must be filed?

april


Each year the government establishes an income cap for .?

Social Security Taxes


Where do you pay state tax on unemployment compensation?

As each state, that collects income taxes, has different criteria, you need to check with your state's tax commission, or its equivalent. The unemployment taxes are subject to the IRS' income taxes.