Child Tax Credit Vs. Earned income Credit

Budget101 Discussion List Archives Budget101 Discussion List Child Tax Credit Vs. Earned income Credit

Viewing 0 reply threads
  • Author
    Posts
    • #257734

      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.

Viewing 0 reply threads
  • You must be logged in to reply to this topic.

Budget101 Discussion List Archives Budget101 Discussion List Child Tax Credit Vs. Earned income Credit