Will I owe Federal Taxes if no taxes were taken out of my checks?
Child support does not affect taxes. Ever. Even if a judge rules that what a person can claim on taxes is affected by child support, that part of the judge's ruling is invalid. If you only make "around" $7000 per year and no one else can claim you as a dependent, then your federal income is $0. Your "earned" income is simply the amount that you make at work. Neither the child support nor the house payments affect this. If you itemize, which there is no reason for you to do, then the house payments would affect taxable income, but not earned income. If you do not itemize (which, again, is unnecessary), then they affect neither earned income nor taxable income.
by StephenWeinstein - 17 hours ago
your personal exemptions are $3650 each, that would be 2, one for you and one for the child, $7300 your mortgage interest does not exceed the standard deduction, unless you have a lot more to itemized, therefore your standard is $8350 now you stand at a total of $15,650 that is not taxable your $7000 does not make a dent you can't use the child credit since it is used to wipe out tax liability you might be entitled to EIC and possibly the 'additional child credit'
by tro - 17 hours ago
You probably don't owe tax. The standard deduction is more than your income.
by David14 - 17 hours ago
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