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 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...
by lisabu7 years ago
my babys due in 2 feb will i still get tax credit for this child as i do my other children i am...single parent and not sure how it works out from next year.
by Sandmark8 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 Susan Reid7 years ago
JP Morgan Chase is considering capping debit card transactions to $100 or even $50. It's all about fees they charge per transaction, currently $.44 and proposed to be slashed by Congress to $.12.That's a big hit for...
by marcals7 years ago
can I get a tax credit for a new air conditioner
by darlene427 years ago
my son is 17 and my daughter is 14 can i get the tax credit for both of them
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