HOW MUCH WILL I PAY?
You may be able to qualify for credits that will help to lower what you pay in taxes. People can get credits for:
- children who are your dependents (Child Tax Credit)
- costs for child care
- care for the elderly or disabled
- education for yourself or a dependent
- putting money into a retirement account
Click here for more information from the IRS about these types of credits.
The Earned Income Tax Credit (EITC) is for low income people who work and have a Social Security number. With the EITC, you might get back more than you actually paid in taxes. Click here to see the sample amounts based on family size and earnings for 2003.
Back to Income Tax