If you're married, have at least one kid, and don't make a lot of money, then there is a way to get some really nice tax credit! It's called the EIC (Earned Income Credit). You should go to their website and see how much money you can qualify for. You'd be surprised at how much. Also, you should read up on taxes and find out all of the tax deductions and adjustments you are allowed to make.
If you find out that you could have qualified for the EIC last year, but didn't know, you can download a form called the 1040X and amend your taxes for last year. That means that you might be able to get it after all!
Well, I hope that helps!
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Ok Axel...
ReplyDeleteI hope you guys are not deciding to have a baby only for tax deductions!!!
That will be "funny"...
Hehe, when you see how much you can get for it, the idea is tempting...
ReplyDelete