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    4. how much money do you get back on taxes for having a baby
    how much money do you get back on taxes for having a baby

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    0  Views: 718 Answers: 2 Posted: 13 years ago
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      A tiny amount as compared to the cost of having and raising a child.

      13 years ago. Rating: 1
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        The child tax CREDIT ( it is NOT an adjustmnet of you gross income) can knock $1,000 off your tax bill.


        However fhe credit starts to phase out when your modified adjusted gross income exceeds $110,000 if you are married, $55,000 if you are filing separately and $75,000 if you are single, a head of household or a qualifying widow or widower.


        You can claim the credit for any number of qualifying children, but the total credit amount generally can't exceed your tax liability.


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        13 years ago. Rating: 0
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