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Taxes: How do deductions work, exactly?
I know alot of parents claim there children and get big tax returns I'm wondering how it works? I have my child full time and wasn't able to work if I only made $4000 and then collected unemployment. I know unemployment doesn't count as earned income so would I qualify for all of the child tax credits ? It says online you can't make more than $40,000 and your single claiming a child but is there and amount you have to make I couldn't find anything ? Also my son only sees his father on Sundays because of drugs I filed for child support but haven't received a payment if he files his taxes would my son get his tax return ? Could he claim my son on his taxes if he doesn't live with him? Thank you !
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Maybe give some free advice about: Personal Finance?
there may be people on this site who can help you with this question but i really suggest you see someone in person who knows your full situation and whom you can fully trust. i hope there is someone in your life that can do this for you, it would be a LOT easier than having to explain things like this over the internet.. there are also people that specialize in this stuff, maybe you could ask one of the employees at your local bank for help? best of luck!
amber
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