Child Tax Credit Vs. Earned income Credit

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Hmm…..you may want to check with who did your taxes–if you get the EIC ,

you automatically qualify for the Child Tax Credit–which has nothing to do

with income. It is not a one or the other. With regards to the stimulus

check—You should qualify for $300 each child that you claimed on your

taxes regardless of their age.

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Original Message
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From: maria

Date: 5/20/2008 1:11:00 PM

To: Budget101_@yahoogroups.com

Subject: Re: Budget101.com : Child Tax Credit Vs. Earned income Credit

I think its two seprate things,as it is listed on the brake down on my taxes

as: child tax credit and it is left blank and then on the earned income

credit it says the dollar amount.When i went to see how much id get back

more or less from irs,I put in 0 in the child tax credit space as it is on

my brakedown.I am so confuzed about this. So I don’t know how much I get

guess I’ll wait and see.

“Jessica M.” <jessicamason37128@gmail.com> wrote:

You will get it.

Child tax YOU claim on your tax return-the child must be under 23 years of

age.

The Earned Income Credit is an additional credit you can take if your

household income is under a certain amount.

Hope this helps!

Jessica in TN

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Original Message
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From: maria

Date: 5/20/2008 11:53:26 AM

To: Budget101_@yahoogroups.com

Subject: Budget101.com : Child Tax Credit Vs. Earned income Credit

On the stimulis checks you can get a 300.00 additonal pay if you have a

child tax credit. I was under the impression the Earned income credit

and the child tax credit was the same thing.Today I found out that its

not…Can some one tell me the diffrence?I filed for the Earned income

credit so I won’t get the additional 300.00.

[Author]

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