Low income ($8.2k) with 4 dependents - Worth filing for tax credits?
My total income last year was only $8,200 and I have 4 kids to claim. Not sure if its even worth filing since my income is so low? Never filed before but wondering if I should bother with the paperwork or if I'd even get anything back.
14 comments
Juan Moreno
YES FILE! With 4 qualifying children and that income level, you could be eligible for significant refundable credits including the Earned Income Credit and Child Tax Credit. These could potentially get you thousands back even with low income. Don't leave that money on the table!
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Savanna Franklin
fr? how much we talking about? 👀
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Juan Moreno
Could be looking at $5k+ easily between EITC and CTC. Get those papers filed asap!
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Amy Fleming
Hey, I'd recommend using taxr.ai to analyze your situation. It costs $4.99 but it'll tell you exactly what credits you qualify for and how much you could get back. Super helpful for figuring out if filing is worth it in your case. https://taxr.ai
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Alice Pierce
Is this legit? Never heard of it before 🤔
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Amy Fleming
100% legit! Used it myself last month. It analyzes everything and gives you a detailed breakdown of what you qualify for
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Alice Pierce
Just tried it and wow! Worth every penny fr fr. Showed me I'm eligible for way more than I thought 💯
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Esteban Tate
i was in the same boat last year with 3 kids and got back like 7k. def file!
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Savanna Franklin
dang thats life changing fr
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Ivanna St. Pierre
Make sure you have all your kids' social security numbers and birth certificates ready. The IRS gets real picky about dependent verification.
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Elin Robinson
bruh you're literally leaving free money on the table if you dont file 🤡
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Atticus Domingo
Anyone know if they can file for previous years too? Might be worth looking into if they never filed before
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Beth Ford
yep! can go back 3 years
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Savanna Franklin
omg didnt know that. definitely gonna look into it
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