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I've read a post that said someone will get 10k in a refund with 3 kids, what is the adj gross for this amount?

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sbuenrostro

Asked by sbuenrostro at 1:44 PM on Jan. 11, 2011 in Money & Work

Level 4 (36 Credits)
Answers (5)
  • go to irs.gov and click on individual then look for the EIC assistant. It will let you plug in numbers and give you an estimate for EIC if you qualify.
    gemgem

    Answer by gemgem at 1:45 PM on Jan. 11, 2011

  • My guess is around $27,000. That is what we made last year and we got about $9,500.
    Anonymous

    Answer by Anonymous at 1:55 PM on Jan. 11, 2011

  • Are you asking that specific person? My BIL said they got about $10,000 back last year with three kids. But I think they had other tax credits in addition to EIC and the child tax credit.

    I'd estimate their income at about $24,000
    Erica_Smerica

    Answer by Erica_Smerica at 5:07 PM on Jan. 11, 2011

  • Is the person single and claiming all 3? There are a lot of factors to include like homeownership, daycare expenses, and education loans.
    bugfin

    Answer by bugfin at 5:08 PM on Jan. 11, 2011

  • I would not want the government using my money unless they were going to pay me interest
    rkoloms

    Answer by rkoloms at 9:46 PM on Jan. 11, 2011

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