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Tax refund: Do I qualify for an earned income tax credit?

bogey21

TUG Member
Joined
Jun 8, 2005
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I remember doing my Daughter's tax return on Turbo Tax a number of years ago. She worked while her Husband was in Medical School. She earned about $17,000, had taxes withheld of about $750 and got a refund of about $7,500. I thought there was a mistake but finally figured out that she hit the "Sweet Spot" with the Earned Income Credit...

George
 

pedro47

TUG Review Crew: Expert
TUG Member
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I will take anytime a $7,500 dollars tax refund.
 

DrQ

TUG Member
Joined
Jun 13, 2005
Messages
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Location
DFW
Resorts Owned
HICV, Westgate (second cousin, twice removed)
I remember getting that when we were young, I was in school, DW was working (at the university, so I had staff parking stickers) and getting government cheese and butter (which was REALLY good!). In our case it really was a hand up.
 

DrQ

TUG Member
Joined
Jun 13, 2005
Messages
6,604
Reaction score
4,297
Location
DFW
Resorts Owned
HICV, Westgate (second cousin, twice removed)
I will take anytime a $7,500 dollars tax refund.
Buy the right 'Lectric car. We bought a Bolt EV and got a $3,750 credit. That's like real money.
 
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