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Forum: 2009 Playroom

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  #2  
January 31st, 2010, 08:11 PM
SusieQ2's Avatar Jersey Girl
Join Date: Dec 2006
Location: New Jersey
Posts: 39,051
I always thought it was 3 but once you hit 4 it didn't make a difference. Guess I was wrong. That's great that you're getting more back!
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  #3  
January 31st, 2010, 09:04 PM
Snowpeas
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I am so ignorant when it comes to tax matters. Do we get a credit for each child then? If we'll get more for having two than we got last year for just having one maybe that will help. Dh was on unemployment for 7 months in 2009 and even though they took a few taxes out I'm really worried about how our return will be. We're still waiting on the unemployment statement to arrive so we can figure our taxes out - I'm so worried
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  #4  
January 31st, 2010, 11:34 PM
Adriana's Mommy's Avatar I <3 my kids
Join Date: Jul 2007
Location: Inland Northwest
Posts: 7,977
From my understanding you get credit for each child..

I'm curious to see how much we'll get back this year.. I know next year we'll get more back since we are home owners.. Unfortunately we won't get much this year because we've only owned our home for 3 months..
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  #5  
February 1st, 2010, 05:12 AM
disturbedangel121's Avatar Mega Super Mommy
Join Date: Mar 2009
Posts: 2,366
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We're getting back 3,000 more then last year.. when she told us the amount I almost fell over... but yea you get credit for each child.
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  #7  
February 1st, 2010, 06:45 AM
~Paula~'s Avatar Platinum Supermommy
Join Date: Sep 2006
Location: Ohio
Posts: 27,123
You get $1,000 for each child, up to 3 children. If you have 4 children, it goes by social security and blah blah blah. lol
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  #8  
February 1st, 2010, 08:08 AM
Snowpeas
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Posts: n/a
Quote:
Originally Posted by vmarie4 View Post
you dont get earned income tax credit for unemployment.. because its not earned
so what does that mean? he only worked 5 months last year so that means we won't be getting anything back?

Like I said totally ignorant in this stuff.
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  #10  
February 1st, 2010, 08:39 AM
*Crystal*'s Avatar Mega Super Mommy
Join Date: Oct 2008
Posts: 3,458
$3000 more then you thought!?! I don't think I have ever gotten that much back before. It will be interesting to see how much we get back this year
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  #11  
February 1st, 2010, 08:48 AM
*Hayley*
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DH told me last night that if you make over a certain amount you won't get the full $1000 back per child.
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  #12  
February 1st, 2010, 08:53 AM
~Paula~'s Avatar Platinum Supermommy
Join Date: Sep 2006
Location: Ohio
Posts: 27,123
He's right but it's got to be over $120,000, I believe. And if you make over 120,000, then you don't need the child tax credit, imo. lol
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  #14  
February 1st, 2010, 08:56 AM
*Hayley*
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Quote:
Originally Posted by ~Paula~ View Post
He's right but it's got to be over $120,000, I believe. And if you make over 120,000, then you don't need the child tax credit, imo. lol
uh, i could argue that bc the cost of living is incredibly high here.
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  #17  
February 1st, 2010, 10:44 AM
~Paula~'s Avatar Platinum Supermommy
Join Date: Sep 2006
Location: Ohio
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Usually in places with a high cost of living, there is also a high pay out at employment.
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  #18  
February 2nd, 2010, 10:17 AM
mommy2Breana+Brandon's Avatar Platinum Supermommy
Join Date: Dec 2006
Location: PA
Posts: 39,401
That is awesome
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