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re: People who talk about “getting their taxes”
Posted on 2/23/20 at 6:02 pm to brmark70816
Posted on 2/23/20 at 6:02 pm to brmark70816
quote:
y co-worker and his wife are expecting something like 10k back. I don't think they even paid that much in, but they will get a bunch..
How does one get back more than they pay?
3
Posted on 2/23/20 at 6:17 pm to choupiquesushi
quote:
How does one get back more than they pay?
That’s the very essence of earned income credit.
Posted on 2/23/20 at 6:24 pm to choupiquesushi
If someone is low income, unmarried, has out of wedlock kids, the government gives them thousands of dollars per kid, up to 3 kids.
Posted on 2/23/20 at 7:25 pm to choupiquesushi
quote:
How does one get back more than they pay?
It's a negative income tax liability.
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