Married Couple With Children
Married Couple with Children
In the vast majority of cases, tax rebate checks will be in the $300 to $600 range for individual filers and $600 to $1200 for joint filers. You can also receive an additional $300 for each and every qualifying child as well. These amounts can be less based on the tax liability and the Adjusted Gross Income of the tax filer or tax filers.
Below are several examples of married couples and joint filers who have at least one qualifying child that is eligible for the child tax credit payment.
1) A married couple that has two children and earned $4,000 in wages combined and have no federal income tax liability before the child tax credit
Tax Rebate is $600
Qualifying child credit is $600
TOTAL tax rebate check amount is $1,200
2) A married couple that has two children with no wages, veterans payments of $2,000 and Social Security benefits of $2,000 as well and no federal income tax liability before the child tax credit
Tax Rebate is $600
Qualifying child credit is $600
TOTAL tax rebate check amount is $1,200
3) A married couple that has two children with no wages, no social security benefits but with $4,000 in veterans payments and no federal income tax liability before the child tax credit
Tax Rebate is $600
Qualifying child credit is $600
TOTAL tax rebate check amount is $1,200
4) A married couple that has two children with no wages, no veterans benefits, no social security benefits but with an Adjusted Gross Income of $25,000 and the federal income tax liability before the child tax credit is $70
Tax Rebate is $600
Qualifying child credit is $600
TOTAL tax rebate check amount is $1,200
5) A married couple that has two children and an Adjusted Gross Income of $35,000 and the federal income tax liability before the child tax credit is $1,070
Tax Rebate is $1,070
Qualifying child credit is $600
TOTAL tax rebate check amount is $1,670
6) A married couple that has two children and an Adjusted Gross Income of $80,000 and the federal income tax liability before the child tax credit is $1,200
Tax Rebate is $1,200
Qualifying child credit is $600
TOTAL tax rebate check amount is $1,800
7) A married couple that has two children and an Adjusted Gross Income of $160,000 and the federal income tax liability before the child tax credit is $1,200
Tax Rebate is $1,200
Qualifying child credit is $600
There is a phaseout reduction of $500
TOTAL tax rebate check amount is $1,300
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