I believe so I think it is three actually, things could have changed though!
lilibees is correct, they just changed it from 2 to 3 in the US. If you are married you can claim 3. If you are single, you can claim 3 and your partner can claim 3 provided it's the same household and your partner contributed to their financial needs. It's really sad that there are little benefits to being married when it comes to taxes.... believe me I know. If you are married You can claim things like child care expenses. My husband and I spend 5600.00 a year on child care for one child. You would get a portion of that back, depending on your state, also the portion back that you can receive for medical premiums and expenses if it is above a certain amount. It all depends on your state. Whenever we do our taxes we always try them on turbo tax first without submitting them, and then take them to a professional, that way we see if we came out for the best, before ever sending them off ! The link below will give you some additional tax changes info.
http://turbotax.intuit.com/tax-tools/ta … 12041.html
by VAUGHAN018 years ago
WHAT IF MY TAX CREDIT IS MORE THAN MY TAXES, DO I GET A REFUND??
by Sandmark7 years ago
I know for the tax credit the child must be under 17. Does it make a difference if the child is...still in school after 17. I heard it continues after 17 if the child is still in school (college)?
by triskiadeka7 years ago
I heard that the 2011 child tax credit will be only $500. What do you know about this ?I also heard that in 2011 we will have to claim our Health Insurance as income if it is a benefit from a job.....
by cbaby8 years ago
is child tax credit going up
by shanna08127 years ago
can I claim the child tax credit with unemployment
by cmorsewin6 years ago
Tax credit for all 3 children?in 2011 tax year I will make roughfly 45,000 fileling head of houshold married my wife does not work and I have 3 children will I get tax credit for all 3 or does it stop at 2 I live in...
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