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Deductions & credits
It sounds like you expect to have earned income of $45,000, married filing jointly with five dependents.
Refund cannot be computed since we do not know the following:
- whether these will be qualifying dependents,
- the ages of the dependents,
- your Federal withholding tax amount,
- who (if any) dependent will qualify for the Child Tax Credit,
- whether you report any unearned income.
Review this IRS Publication. EITC Assistant is in the upper right corner.
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‎January 29, 2020
12:37 PM