Sorry, cannot type Chinese at work. If file jointly, we are not qualified for the $1000 child tax credit; if separately, one person is qualified. Is filing separately better? can one person use standard deduction and the other one use itemized deduction to claim for the mortgage interest payment and property tax payment? thanks
one person makes more than the other. joint income 14K+, child tax credit = 1000 - (14K-11K)*0.05 = -500 = 0 if separately, one person's income 55K, child tax credit = 1000 - (55K-55K)* 0.05 = 1000 is this correct?
MFS can not claim dependent care credit, which if you have, could offset some of the child tax credit. The high income person may hit AMT if MFS. For deductions, both should do the same. MFS to be better or not, you need figure out by yourself.
Can you be more specific on "The high income person may hit AMT if MFS"?
【在 G****y 的大作中提到】 : MFS can not claim dependent care credit, which if you have, could offset : some of the child tax credit. : The high income person may hit AMT if MFS. : For deductions, both should do the same. : MFS to be better or not, you need figure out by yourself.
I*s
29 楼
same here, 说是这周出结果,都周二了,没动静,我觉得是没戏了。不过我本来感觉也就一般,所 以也不至于太失望了,唉。