Dependent Tax Credit
March 28th, 2008
Question: i gave birth to my daughter in october, will i still get the child tax credit for her?
I gave birth to my daughter in mid october, Will I still get the child tax credit when I claim her as my dependent?
Answer: If you do not qualify to be a dependent of someone else yourself,and you have adjusted gross income of at least $8500 you could qualify to receive some portion of the child tax credit. Also you could qualify for the Earned Income Credit if your earned income falls into a certain range. There is also the possibility of receiving $300 from the Recovery Rebate stimulus that was originally given in 2008.
Be sure and check with a good tax professional for advice as to what you will actually qualify for depending on your income.
Laura H – H&R Block – Senior Tax Advisor 5
**This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided.
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