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Deductions & credits
So long as no one can claim you as a dependent, and you can claim your child as a dependent while you may not be eligible for the Child Tax Credit, you may be able to get the Additional Child Tax credit so long as you had "earned income" above $3,000 for the year. Earned income is from W-2 wage work and independent contractor work. IF your entire $6,000 is from earned income, then the calculation for the Additional Child Tax Credit will reduce this amount by $3,000 and multiply it by 15%. where the most you can get is $1,000. Since your income is so low, your additional child credit at most may be around $450. however, you may get some Earned Income Tax Credits as well which could be substantial "if" you qualify as head of household. Your situation really depends on whether you can be claimed as a dependent by someone else, and whether you can claim your child as a dependent.
May 31, 2019
5:44 PM