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Employee
June 1, 2019
Question

If you have only made almost $6000 for the year can you claim your child as a dependant and will you get the full tax credit?

  • June 1, 2019
  • 17 replies
  • 0 views
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17 replies

Carl11_2
Employee
June 1, 2019
Your standard exemption is $6200, so that alone means you pay no taxes. If any taxes were withheld from that money, you get it all back. Still, if the child is your dependent, still claim them. But it will make no difference on the fact that your tax liability is zero.
Employee
June 1, 2019
So I won't get that much back from
My daughter
Employee
June 1, 2019
So long as no one can claim you as a dependent, and you can claim your child as a dependent while you may not be eligible for the Child Tax Credit, you may be able to get the Additional Child Tax credit so long as you had "earned income" above $3,000 for the year.  Earned income is from W-2 wage work and independent contractor work.  IF your entire $6,000 is from earned income, then the calculation for the Additional Child Tax Credit will reduce this amount by $3,000 and multiply it by 15%. where the most you can get is $1,000.  Since your income is so low, your additional child credit at most may be around $450. however, you may get some Earned Income Tax Credits as well which could be substantial "if" you qualify as head of household.  Your situation really depends on whether you can be claimed as a dependent by someone else, and whether you can claim your child as a dependent.
Employee
June 1, 2019
So do you support yourself and your child on only $6000 per year?
Employee
June 1, 2019
Ok thank you so much so how much do I have to make for the whole year to get the full about for my daughter at the end of the year. I'm currently looking for employment
Employee
June 1, 2019
Are you married?
Employee
June 1, 2019
No I'm not married
Employee
June 1, 2019
I also got child support I just recently been out of work for 2 months
Employee
June 1, 2019
@Carl11_2....Please explain.
Carl11_2
Employee
June 1, 2019
If you received child support in 2015, then you may have to claim your dependent. If you don't claim the child and its caught down the road, you may have to pay back all that child support.