federal tax calculator 2008
Why do it that I am not the Child Tax Credit?
The tax calculator, I use shows a $ 0 in the field of Child Tax Credit. In 2008 my Income and the income tax was withheld $ 22,211 was $ 1,395. I am a single mother with one child and Head of Household. It shows the Earned Income Credit as $ 1,879. It also shows my taxable income as $ 7,211 and my $ 721 Child Care Credit. In the line for the additional Child Tax Credit, it shows $ 1000. I am just curious how it works ….. How do I qualify for the additional, but not the child credit even text? Did I not get it do not last year. Any Info would be helpful because this is a little confusing. Thank you!
Child Tax Credit is a refundable credit, it only reduced your taxes owed.
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