is it true that you can only claim two kids this year on income taxes?
Your friend is totally confused. You can claim as many kids as you have that are legitimate dependents. Where the two limit comes in is for EIC - you don't get a larger earned income credit for over 2 kids.
by Judy - 18 hours ago
Your friend is wrong.
by kj566 - 18 hours ago
Your friend is wrong. He's probably confusing the calculations for the earned income credit, which do not increase the amount of EITC for more than 2 children. You should probably count on this friend for things other than tax advice.
by Knightly - 18 hours ago
You receive bad information. You can claim more than two kids on your taxes. As far as "Earned Income Credit" you will not receive any additional credit for more than 2 kids.
by Gary - 18 hours ago
visit IRS website: www.irs.gov
by Ms. Angel.. - 18 hours ago
Wait a minute, lady! You can claim as many dependency exemptions (2007-$3400 per dependent) and credits as long as your dependents are qualifiying persons. Having more than 2 kids is good thing! You can claim child tax credit/additional child tax credit (under 17yrs old), Child and Dependent Care Credit (under13yrs old), Earned Income Credit etc., Do not worry, OK!
by Q - 18 hours ago
Poor people collect EIC based on having 0, 1 or 2 qualifying children (no additional money is given out for the 3rd child). Since preparers tend to charge by the number of entries on the forms, many taxpayers will only pay to list the first two children. Middle Class people claim all of their children.
by Quick Answers - 18 hours ago
Yes, it's true. And the rest of the children will be turned into donkeys just like the boys in Pinocchio. In my opinion single people should be the ones getting the tax breaks - not those spitting out child after child after child.
by punk_rawk_grrl - 18 hours ago
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