- This topic has 14 replies, 1 voice, and was last updated May 20, 2008 at 4:53 pm by .
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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.
.
Original Message
.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
.
Original Message
.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.
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