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What is the max Earn Income Credit you can receive for 2 children?
Wiki User
∙ 13y ago
Your investment income must be limited to $2,900. If you are single with no qualifying child, at least 25 yrs old but less than age 65 = maximum income range is Single/Head of Household/Qualifying Widow = 12590; Married Filing Joint = 14590. If you are single with one qualifying child, the maximum income range for Single/Head of Household/Qualifying Widow = 33,241; Married Filing Joint = 35,241. If you have more than one qualifying child the maximum income range for Single/Head of Household/Qualifying Widow = 37,783; Married Filing Joint = 39,783. http:taxresolutionaries.blogspot.com
Wiki User
∙ 15y ago
Wiki User
∙ 13y agoYou would be the only one that would have and know all of the necessary information that would be needed to find the numbers that you need.
Using the federal 1040 income tax return July 19 2010
Just a guess filing status head of household 3 exemptions qualifying earned income amount from the worksheet is 12550 the maximum EITC amount would be 5028 when you are qualified to claim 2 qualified children on your 1040 income tax return for the EITC amount.
Wiki User
∙ 12y ago$2,900
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How much income do you have to earn to qualify for earned income credit?
$3500 or more
How much do you have to earn in order to receive the child tax credit?
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.
What happens if your taxable income falls in the lowest tax bracket?
you are not eligible for the earn income credit
i want to know how much % and from where i take nyc earn income credit?
I want to know how much % and from where I take my nyc eran income credit
Can you still get a refund even if you did not earn an ioncome?
No unless you have earned income you can not receive a refund.
Are you eligible for earn income credit if your child was born on septemmber 01 2009?
Yes. If you child is born during the tax year 2009 you are eligible for the earned income credit. However, you must meet the other requirements of the earned income credit.
How many units to receive a BA?
Generally it is 120 credit hours to earn a BA
How much do you need to earn to get earn income?
The earned income credit is really too complicated to explain in detail here. You should go to the IRS website, download the instructions, and go through the worksheets. Basically, if you graphed it, it would look like a small hill: the unearned income credit increases based on how much income you earn up to a certain point, after which it starts decreasing again.
What percent of their gross income does the Garcia family receive from their rent houses if they receive 609.70 a month in rent and earn 2345 a month?
Total Income = 60000 Rental Income = 2345 % income from rent = 2345 / 60000 * 100 = 3.9% Kendricks receive 3.9% of his gross income through rent.
What percent of their gross income does the Garcia family receive from their rental house if they receive 609.70 a month in rent and earn 2345 a month?
26%
What is a economic responsibilities of a parent?
to provide basic economic needs of their children and to earn an income
What amount in 2018 does a persons credit increase in cents for each added dollar of income based off earned income tax credit?
Credit doesn't come from earned tax credit, but how much you owe, the amount of debt in relation to what you earn, the use of credit, and hard inquiries into your credit. Points are assigned giving you a credit score.
