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Tax return and refund question?????

Posted by on Feb. 4, 2013 at 10:14 AM
  • 3 Replies

I Know with the EIC ppl get can more money  back then they paid in.  i get that, but how is it possible for someone to claim they made $12,000 for the year and get a refund (not sure if you can call it that) of $7000.  I know they have 4 kids but at least one is over the age of 18 and then there is the 17, and 16 year old plus a 10 year old.   Is there a way to do that legally?

by on Feb. 4, 2013 at 10:14 AM
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Replies (1-3):
firehorse13
by on Feb. 4, 2013 at 10:15 AM

My sister just called and had me run a calculator for her.  She made just over $12k (got divorced and got a job in June or so), only paid $50 or so in federal taxes and should get back about $6500.  She's just claiming her 2 boys.

Msgme
by Platinum Member on Feb. 4, 2013 at 10:20 AM



Quoting firehorse13:

My sister just called and had me run a calculator for her.  She made just over $12k (got divorced and got a job in June or so), only paid $50 or so in federal taxes and should get back about $6500.  She's just claiming her 2 boys.


wow I guess it is possible.   i only know about this persons private info cause he was telling Dh we should use his Tax person.  

PestPatti
by on Feb. 4, 2013 at 10:36 AM


  AS long as the qualifications are met, its legal.  IF I'm not mistaken you can claim your children up to age 24, as long as you meet the guidelines.  

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