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Thursday, June 17, 2010

Bush's tax credit 2..?

Thank you to everyone giving me the info. Now I care for my nephew whom I claimed. I am single so I am guessing I will recieve 300.00 back in may??



Bush%26#039;s tax credit 2..?

Yes, if he is a %26quot;qualifying child%26quot; under the Child Tax Credit:



1. Was under 17 on 12/31/07



2. Did not provide for half of his own support



3. Lived with you for more than half of 2007



Bush%26#039;s tax credit 2..?

If you claimed your nephew, he is under 17 years old and your income qualifies you for a rebate then you get $600 for yourself and $300 for your nephew.



Bush%26#039;s tax credit 2..?

You should get $900.



Bush%26#039;s tax credit 2..?

You would get $300-600 for yourself, depending on how much net tax you paid. If you claimed your nephew for 2007 as a qualifying child and got the child tax credit for him, you might also get $300 for him.

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