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Income Tax Question: How much credit do I receive for having two children who are 18, but still live at home?

So today I did an estimate for my federal tax return and found out that I owed 300 dollars in taxes. Usually I receive about 200 dollars or nothing at all, as my income meets the tax borderline. I was wondering how much credit do my 2 children receive if they 18 and still live at home?

3 Answers

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  • Judy
    Lv 7
    5 years ago

    No way to even guess with such limited info. At 18, or even 17, they're too old for you to get a child tx credit. Depending on your income you might be eigible for EIC

  • 5 years ago

    Child tax credit disappears when they're 17

  • 5 years ago

    You get no credits for them. You get their exemptions, which reduce your income.

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