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You will NOT know how much credit you will receive for 1 dependent until your 1040 federal income tax return is completed correctly and completely.

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15y ago

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How much claim your adult sister taxes?

Unless you totally support her and she is your dependent you can't claim her on your taxes.


If claim a dependent on taxes how much do you get back?

That's impossible to answer. It depends in part on your tax bracket. It depends on what tax credits the additional dependent might make you eligible for: child tax credit, additional child tax credit, EIC. At one extreme, you may get nothing back. On the other extreme, you may get thousands.


How much money can you get claiming a 3 month old baby on taxes?

When claiming a 3-month-old baby as a dependent on your taxes, you may qualify for several tax benefits. For the 2023 tax year, you could receive a Child Tax Credit of up to $2,000, depending on your income level. Additionally, you may be eligible for other deductions or credits, such as the Child and Dependent Care Credit if applicable. The exact amount will depend on your specific tax situation and income.


How much do you get back on taxes for claiming another person?

An individual claiming another individual as a dependent on their taxes will receive a tax deduction of $3300. The amount that the individual will get back as a tax refund will be dependent upon the income of the taxpayer.


I am receiving a check in amount of 14,000.00 from my employer. I only claim one dependent. How much can I expect to receive after taxes are taken out?

I am receiving a check in amount of 14,000.00 from my employer. I only claim one dependent. How much can I expect to receive after taxes are taken out?” Topics: Hr Block

Related Questions

How much money should you get if you give your baby as dependent to another person to file taxes?

$3500 is the exemption for each dependent. $1000 is the child tax credit for kids under age 17. For kids under 17 that are your dependents you qualify for both the exemption and the credit. Note: Only the person filing the child as a dependent will receive the money.


How much claim your adult sister taxes?

Unless you totally support her and she is your dependent you can't claim her on your taxes.


How much is 350.00 plus taxes?

That is dependent on the rate of tax in question.


If claim a dependent on taxes how much do you get back?

That's impossible to answer. It depends in part on your tax bracket. It depends on what tax credits the additional dependent might make you eligible for: child tax credit, additional child tax credit, EIC. At one extreme, you may get nothing back. On the other extreme, you may get thousands.


How much money can you get claiming a 3 month old baby on taxes?

When claiming a 3-month-old baby as a dependent on your taxes, you may qualify for several tax benefits. For the 2023 tax year, you could receive a Child Tax Credit of up to $2,000, depending on your income level. Additionally, you may be eligible for other deductions or credits, such as the Child and Dependent Care Credit if applicable. The exact amount will depend on your specific tax situation and income.


How much do you get back on taxes for claiming another person?

An individual claiming another individual as a dependent on their taxes will receive a tax deduction of $3300. The amount that the individual will get back as a tax refund will be dependent upon the income of the taxpayer.


I am receiving a check in amount of 14,000.00 from my employer. I only claim one dependent. How much can I expect to receive after taxes are taken out?

I am receiving a check in amount of 14,000.00 from my employer. I only claim one dependent. How much can I expect to receive after taxes are taken out?” Topics: Hr Block


How much money do you get back in taxes for being a college student?

There are other factors, such as how much you earned, whether someone can claim you as a dependent and how much money was withheld.


How much can you make without paying taxes?

how much money can you earn per year, without having to pay taxes, i was told it was approximately $8,000, is that correct?


How much will you owe in taxes if you made 56000 and single with one dependent?

Assuming that your dependent lives with you and is under age 17, and that you do not itemize: Adjusted gross income 56,000 -Exemptions (2) 7,000 -Standard deduction 8,000 (Head of Household) Taxable income 41,000 Tax 5,578 -Child tax credit 1,000 Total tax 4,578


I am married my husband is also earning but number of dependent is zero then how much you have to pay tax?

Taxes are figured on how much money you & your husband make per year.


How much would a 16 year old pay for taxes on $800 if her parents claim her as a dependent?

where is your "Tax Bracket Calculator? and if I may why is this site so hard to use? How much would a 16 year old pay for taxes on $800 if her parents claim her as a dependent? depends on the year. in years past, if you didn't make more than 3000 in a calender year you wouldn't have to pay taxes on the money.