MASSIVE tax returns for low wage earners

[MDC 5,893]

I wanna beat a focking puppy to death with a trash bag full of kittens. I work with some folks that make around 25 to 30k a year. They are laughing that they are getting 10 FOCKING THOUSAND back in taxes. This is the first year EVER I won't OWE money. Fock you, your mom , her mom, her sisters mom, your sisters mom.

I dont doubt they told you this but I dont believe it - something doesnt add up.

[Baker Boy 1,485]

No it isn't. There's a 100% way to predict it. Make it a law and everyone making less than $23 an hour will ask for a pay cut to $14 an hour (depending on the state you work in).

 

The Democrat mindset of... 'why work when someone else will do it and give me money anyway', will ensure that these people don't go over $30k.

 

Check out this website: https://neuvoo.com/tax-calculator/

 

I live in NJ. If I make $30,001 in a year, I will net $25,299. Under this agenda, what's the benefit of that? If I make $29k and they're going to give me back $10k, that's $39k in a year. I will make almost $14k extra... by NOT WORKING! In order for me to net $39k, I have to have an annual salary of $48k / $23 an hour, (I make more than that... this is just anecdotal), which will get me $39,094. If I make $20 an hour, damn right I'll ask for a $6 pay cut. At $20 an hour, I'll gross $41,600 and the net will be $34,292. Why would I strive to make $20 per hour only to watch someone else who doesn't want to work, make $39k?

You should have read the link before you answered. Everyone does not get the same amount it changes with income and number of children and no one is getting $10,000.

 

Maximum Credit Amounts

The maximum amount of credit for Tax Year 2018 is:

 

$6,431 with three or more qualifying children

$5,716 with two qualifying children

$3,461 with one qualifying child

$519 with no qualifying children

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/eitc-income-limits-maximum-credit-amounts

 

This has been going on my entire life, the only reason people are complaining today is because Orange Man Bad!

 

Check it out for yourself https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/eitc-earned-income-tax-credit-questions-and-answers#IRS_denied_EITC

[TBayXXXVII 2,117]

You should have read the link before you answered. Everyone does not get the same amount it changes with income and number of children and no one is getting $10,000.

 

Maximum Credit Amounts

The maximum amount of credit for Tax Year 2018 is:

 

$6,431 with three or more qualifying children

$5,716 with two qualifying children

$3,461 with one qualifying child

$519 with no qualifying children

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/eitc-income-limits-maximum-credit-amounts

 

This has been going on my entire life, the only reason people are complaining today is because Orange Man Bad!

 

Check it out for yourself https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/eitc-earned-income-tax-credit-questions-and-answers#IRS_denied_EITC

 

What link? The OP had no link. That's what I responded to.

[Baker Boy 1,485]

What link? The OP had no link. That's what I responded to.

I just provided the link again. HTH

[Gladiators 1,904]

You should have read the link before you answered. Everyone does not get the same amount it changes with income and number of children and no one is getting $10,000.

 

Maximum Credit Amounts

The maximum amount of credit for Tax Year 2018 is:

 

$6,431 with three or more qualifying children

$5,716 with two qualifying children

$3,461 with one qualifying child

$519 with no qualifying children

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/eitc-income-limits-maximum-credit-amounts

 

This has been going on my entire life, the only reason people are complaining today is because Orange Man Bad!

 

Check it out for yourself https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/eitc-earned-income-tax-credit-questions-and-answers#IRS_denied_EITC

 

 

I don't feel like reading your links. Sorry

 

If you have 3 or more qualifying children, make 30k, and pay $4k in federal withholding during the year, could you get $10,431 back?