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What is the difference between the child tax credit and the earned income credit?
The child tax credit is a tax benefit for parents with dependent children, providing a credit for each child. The earned income credit is a tax benefit for low to moderate-income individuals and families who have earned income from work. The main difference is that the child tax credit is based on the number of children, while the earned income credit is based on income and family size.
Is earned income credit a nonrefundable credit?
EIC is a refundable credit.
Is Fees income a credit or debit balance?
credit
Is revenue a credit or debit?
Revenue is income or a credit.
Who has the highest gross national income?
The USA still as the highest national income of any country in the world.
What is the definition of Annual Household Income on credit card applications?
If you are applying (non-married) it means your approximate yearly income. If married add your spouses income to that total (if getting a card for spouse as well that is)
Does a new spouses income factor into what the non-custodial parent pay?
How much you pay is a set sum, in percentage of your income. Usually around 20-30%. That does not change if the person get remarried.
What factor of production accounts for the highest percentage of the income that the production process generates in the US?
capital
Does banker have right to search your credit when not a coborrower on spouses refi of 85k rental home I have a 7 year old discharged bankruptcy but a 729 score and not working and he 855 with 95k year?
sounds like he is the borrower. You can not be a borrower without income. You can be on the titlewithout income you should not be on the loan. The bank has to check just his credit with just his income . thanks John d the mortgage man
Can you get a credit card being on unemployment insurance?
Yes. Employment is a factor in the ability to pay. When you are scored your employment status is a factor but doesn't prohibit you getting a card. Plently of people what are independently wealthy (e.g. their income is the results of investment rather then employment) get credit cards all the time. The key is the ability to pay and the risk of non-payment. If you are broke and have no job and no income you will likely be declined.
How much income do you need to get child tax credit?
In the UK Child Tax Credit can be paid to a family with an annual income below £58,000. The highest rate is paid to low income families with an annual family income below £16,040.In the US Child Tax Credit is available to tax payers and reduces the amount of total tax paid. Details are covered by IRS form 8812.. For married couples the credit is reduced for an adjusted gross income (AGI) above $110,000 ($55,000 if filing separately), or $75,000 for a single parent household. Low income families can claim Additional Tax Credit which will pay the credit even if the recipient does not owe any tax.
Is new spouses income use to calculate child support in Washington?
probably not
Get a 4000 loan with poor credit but good income?
I have a good income but poor credit.
Is net income a debit or credit?
does net income have a normal debit or credit balance
What is the difference between the child tax credit and the earned income credit?
The child tax credit is a tax benefit for parents with dependent children, providing a credit for each child. The earned income credit is a tax benefit for low to moderate-income individuals and families who have earned income from work. The main difference is that the child tax credit is based on the number of children, while the earned income credit is based on income and family size.
What is the income tax credit for a child?
a credit agency garnished my income tax,is the the child tax credit exempt from the garnishment?
Is the income from rent a credit or a debit?
Credit
