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Have you heard about the earned income credit???????

togetheratlast's picture

Submitted by togetheratlast on Fri, 01/30/2009 - 7:07pm

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General Discussion

OK guys, the new earned income credit???? All of us step parents and boyfriends and husbands are screwed, AGAIN. BM mothers making $42,000 less a year will be getting up to $4,200 back. Again my SD14 BM comes out smelling like a rose on top of getting her CS to pay her house payment and shopping habit. ::

melis070179's picture

Submitted by melis070179 on Fri, 01/30/2009 - 7:22pm

We don't qualify for earned income credit, thats more to do with your income...you can get it without evening having children, but you do get $1000 credit for each kid. We're getting $4700 back and I am EXCITED! Of course, BM has 3 kids & barely any income, her BF supports her for the last 4 years (she can't marry him because she's still married to her 3rd husband & can't find him to get a divorce) He also has 2 kids that he has custody of as well. So I'm sure they'll get a nice refund. Last year we skipped one cs payment when she got her refund in exchange for her claiming him. Doubt that will happen this year now that she knows the DNA results.

"Nobody will ever win the battle of the sexes. There's too much fraternizing with the enemy"

togetheratlast's picture

Submitted by togetheratlast on Fri, 01/30/2009 - 7:28pm

I am wondering since we claim sd14 this year she won't get anything from this new package they just past. I know we get the credit since we are claiming her. But since my dh lost his job and 401k loan came due (bm defaulted on cc and cc company came after us, so dh had to take a loan to payoff before he lost job)we owe uncle sam 4,000. Love your quote.

Rags's picture

Submitted by Rags on Sat, 01/31/2009 - 12:47am

We have had to pay every year for as long as I can remember and that is after we pay extra each year. Of course we could breed our way to a refund but that would take to much time away from our careers and providing for the one leech spawn we already have. (but we love him leech or not).

At the rate that our new Pres is giving away the farm we will be paying so much tax with so little income that we will soon be able to provide everything for everybody with nothing.

Ahh the miracle of modern governmental accounting practices and the ability to turn up the presses and spit out more money with out actually earning it.

I find the Gov't to be a lot like the BMs that many describe on this site. They have yet to realize that someone has to actually work to earn all of that money that keeps showing up in that CS/Tax check every month and have no shame in screaming for increasingly more and more and more...........

Best regards,

ferretmom's picture

Submitted by ferretmom on Sun, 02/01/2009 - 1:22pm

Doesn't this new government remember their history. The revolution was started because of unfair taxes. Aren't they afraid it could happen again?

Sasha's picture

Submitted by Sasha on Sun, 02/01/2009 - 3:15pm

After all the talk about pulling ourselves up by our bootstraps and being responsible, the First Lady is going to spend 125K to re-do the White House (hey, it can't be that bad, just suck it up!). Of course that's just a drop in the bucket compared to Wall Street handing out billions in bonuses last year, even though the stock market is doing poorly, people are losing their retirement and savings accounts, and some firms needed a bail out. And we won't even talk about the banks that ripped us off and won't disclose where some of their bail out money went.

And now state governments are showing just how hypocritical and short-sighted they really are. They bluster about being independent from foreign oil, encourage Americans to purchase fuel efficient cars and take public transportation, and now they are finding out they have a severe lack of monies from which they pay for road and bridge projects. In their infinite wisdom they are looking for alternate ways to tax the public...such as levying a tax on the actual miles that you drive. Just goes to show that you need to be careful what you ask for.

Yep, what this country needs is a good old-fashioned revolution. People are sick to death with all the taxes in this country. I swear if I ran my household budget like the government runs theirs, I'd be in jail.

OldTimer's picture

Submitted by OldTimer on Tue, 02/03/2009 - 2:45am

Yep, love it! LMAO!

I just imagine try to send DCS an IOU note instead of a check, like CA is planning to do for Tax Returns... somehow, I don't think they would be amused.

~JustAnotherSM Wink
"Knowledge is often mistaken for intelligence. This is like mistaking a cup of milk for a cow."

togetheratlast's picture

Submitted by togetheratlast on Mon, 02/02/2009 - 1:02pm

have said it beeter Sasha...

OldTimer's picture

Submitted by OldTimer on Tue, 02/03/2009 - 1:35am

Neither of my SKids BMs get to use the SKids for taxes, we get them. But we live in CA where the legislature is lowering the rate from $300 per child to $100... sucks.

Sita Tara's picture

Submitted by Sita Tara on Tue, 02/17/2009 - 4:15pm

If you mean the EITC, it's been there since 1975. Is there a new one I don't know about?

I thought I knew what you meant til the posts side tracked on a negative administration tangent.

"Om Tare Tutare Ture Mama Ayurpunye Jnana Putin Kuru Svaha"
~Sita Tara Mantra

Sita Tara's picture

Submitted by Sita Tara on Wed, 02/18/2009 - 11:19am

We have FC, claim SD every year and get CS. Before we had shared custody and DH paid 500 a month to BM for CS, and they took turns claiming her every other year.

I kind of think that a tax credit for those who pay CS (which is taken out after taxes) and who aren't able to claim their child as a deduction sounds fair. There are a lot of DHs on this site paying out the wazoo for CS, who barely make over what they pay out, who could use the credit. What I think maybe unfair about it is, I don't see why they cap that at 33,000 income. Because 500 bucks a month post taxes was really hard on us financially, especially without getting to claim SD every other year, and my DH makes a lot more than that.

I have always thought that there should be some acknowledgment tax wise for NCPs who pay a lot of CS, but don't get the tax break the person receiving (and not having to claim it) gets by usually getting to also claim the dependent.

Just my humble opinion.

"Om Tare Tutare Ture Mama Ayurpunye Jnana Putin Kuru Svaha"
~Sita Tara Mantra

Sita Tara's picture

Submitted by Sita Tara on Wed, 02/18/2009 - 1:34pm

THAT'S ridiculous!

I thought it was similar to the EITC that I got as a single mom head of household (which was a decent amount.)

We have 50/50 and my ex was smarter and took BS 11 as his tax break, while I get BS 14. So he will have 3 more years tax break than I will (there were more than a few things he slipped by me in order to get the most from me he could, and that was one of them.)

I don't know. I think the whole system needs revising too.

"Om Tare Tutare Ture Mama Ayurpunye Jnana Putin Kuru Svaha"
~Sita Tara Mantra

Sita Tara's picture

Submitted by Sita Tara on Fri, 02/20/2009 - 6:53pm

I'm not sure if I would be able to do that. Plus we now claim SD and BD (obviously!) every year. Of course exH gets to claim four out of five kids at his house, though I'm not sure about the oldest now that she's not enrolled in college and had a baby (but is still living with them. EEK.)

I think I'm just "screwed" when it comes to claiming my youngest son. My exH definitely pulled that one over on me thinking way ahead since they were only 2 and 5 when we divorced I never thought about it when I signed. I guess it wasn't enough I accepted CS for one (I misunderstood and exH and his atty of course didn't feel the necessity to clarify.) I also took no SS, no retirement, PERS, none of the huge bank acct or 2nd house he inherited (but my name was on the deed of it too) etc etc. He still had to get one more jab in financially!

"Om Tare Tutare Ture Mama Ayurpunye Jnana Putin Kuru Svaha"
~Sita Tara Mantra

sarahbernheart's picture

Submitted by sarahbernheart on Thu, 02/19/2009 - 10:31am

Ex got to claim youngest until the oldest no longer qualified..and then we would alternate years till youngest did not qualify.

"Better a diamond with a flaw than a pebble without one."

Confused in Oklahoma!'s picture

Submitted by Confused in Okl... (not verified) on Sun, 03/29/2009 - 8:13pm

My fiance and I have lived together for the past three years, and we have one son together. He was born in 09, 2008. Josh claimed Head of Household and claimed Cole also, since he made WAY more than I did this year. We ended up getting a total refund of around $4800.00. Some of it is Earned Income Credit for Cole. His ex, with whom he has a child with who is 4yrs old in May, has started receiving Daycare assistance, so the state is taking Josh to court for Child Support (I also had no idea the state could do that w/o the Mother's approval?? She said she had nothing to do with it.). His hearing was March 6, 2009, but due to our son's surgery was rescheduled for May 7, 2009. Josh went online to check his refund status (we filed snail mail! ugh!), and it says it "may be reduced to pay a past due obligation such as child support, another federal agency debt, or state income tax".

Could this be the state taking his refund for Child Support? I wasn't sure b/c they haven't been to court to even determine if back child support is owed, and if the money is going directly to the state, and not Anna, why would back child support even be a factor? But, my main question is, Can they take the EITC from our son we had this past year together? I didn't know..I would hope not, since Cole has nothing to do with his previous child he had with Anna. Surely they would just take the taxes taken out of his wages and leave his EITC from Cole alone??? Please Help. So confused.

Samantha In Oklahoma.

sparky's picture

Submitted by sparky on Mon, 03/30/2009 - 5:09pm

They can take every bit of it and since he doesn't have a spouse no one can file the injured spouse form. That does not mean that they will take it since there isn't a document that says he is behind on CS.