| WOW! I can't believe after all of these years the | | | | income. |
| Internal Revenue Service has finally realized some | | | | Now the other good stuff the salary range has |
| people have more than two children. For everyone | | | | increased if you had more than three kids living with |
| who has claimed earned income tax credit before you | | | | you and you made less than $43,279 you may be |
| know the maximum credit you could receive was for | | | | able to take the credit. Let's look at an example: |
| two kids with a maximum of approximately $4k per | | | | Let's say Jane had three kids and her EARNED |
| year. | | | | income from working was $12,700 and she paid $1,905 |
| This year the law has changed and now you can | | | | in taxes for this example her refund would be: |
| receive credit for three children. I know that's exciting | | | | Earned Income Tax Credit - $5,657 |
| for someone with more than three children; however, | | | | Federal Income Tax Withheld - $1,905 |
| it's a start it has taken a very long time for us to get to | | | | Total Refund: $7,562 |
| this point. When my children were small and my | | | | Remember, this is just an example; but, that was a |
| income was in the $15k dollar range I could only | | | | great refund to me anyway. Before claiming the credit |
| receive credit for two. I didn't think it was fair since I | | | | make sure you meet all the requirements. |
| had three mouths to feed and clothed with a small | | | | |