All Hokie, All the Time. Period. Presented by

The Lounge Board

Hokie Hokie

Joined: 10/17/1999 Posts: 1229
Likes: 131

What's this?

Child credit was raised by $1K. At 25% effective tax rate, you break even


against the loss of the $4K exemption. Most people are less than 25% effective tax rate, so they come out ahead while the child is younger.

(In response to this post by Diehard Hokie)

Posted: 03/12/2019 at 11:03PM


+1

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


75
Hide This

Current Thread:
 
  Child tax credit question -- Diehard Hokie 03/11/2019 12:41PM
  Nevermind- there may be 500 credit for 17 and over ** -- bigbadbird 03/11/2019 1:41PM
  Well at 18 they are not a child anymore, can still be claimed as -- fordham 03/11/2019 1:50PM
  How do dependents help nowadays? -- Diehard Hokie 03/11/2019 1:53PM
  They don't, they are just money suckers ** -- fordham 03/11/2019 3:20PM
  Haha... but seriously? -- Diehard Hokie 03/11/2019 3:32PM

Tech Sideline is Presented By:

Our Sponsors








vm307