How many kids can i claim and still get credit for them? Example i have 5 kids would i get the elc credit and dependent credit for all 5 kids/
You may be referring to the Earned Income Tax Credit. You are given credit for up to three children under this benefit.
Please see the enclosed IRS publication.
Under the Tax Cuts and Jobs Act of 2017 the value of dependents was lowered to $0 per dependent but the standard deductions were all increased substantially.
Under the Child Tax Credit, each qualifying child could be eligible for a $2,000 credit against your taxes owed.
Under the Credit for Other Dependents, each dependent could be eligible for a $500 credit against your taxes owed.
**Mark the post that answers your question by clicking on "Mark as Best Answer"