child tax credit for veteran on disability and social security

ynnejJanuary 4, 2012

Hello. DH is on 100% disability from the VA and also collects social security. I am a homemaker with no income. Would our two children make us eligible for the tax credit, even though we pay no taxes? Thank you.

Thank you for reporting this comment. Undo

How old are the children?

    Bookmark   January 5, 2012 at 9:10AM
Thank you for reporting this comment. Undo

The child tax credit is refundable under some circumstances. eg the IRS can send you a check. If you do your own taxes, you'll need IRS form 8812. The rules seem a bit complicated though so you might want to have a professional look at your taxes at least once.

Many of the tax prep companies offer discounted services to vets. If you don't have money for that, you should check out the IRS Volunteer Income Tax Assistance Program. They have a whole section devoted to military personnel.

    Bookmark   January 5, 2012 at 9:56AM
Thank you for reporting this comment. Undo

Thank you, bill, we will look into that. LuAnn, our twin boys are 15 months old.

    Bookmark   January 5, 2012 at 12:02PM
Thank you for reporting this comment. Undo

Form 8812, Additional Child Tax Credit

Form 8812 is used to figure the additional child tax credit. This additional child tax credit may give you a refund even if you do not owe any tax.

    Bookmark   January 5, 2012 at 3:27PM
Thank you for reporting this comment. Undo

And I hope you and the 2 children have filed for Social Security as dependents/ auxilliaries (mother with children under age 16 and dependent chilren). These benefits will add up to 50% to the amount of SS your hubby gets.

    Bookmark   February 11, 2012 at 4:17PM
Sign Up to comment
More Discussions
Any advice for a lady whose husband hides $?
I am a widow and used to doing for myself. I have a...
Refinance with Bank of America taking F-O-R-E-V-E-R
We started the process for our refinance April 25th...
Spending Breakdown
My wife and I have tracked our spending over the last...
refinancing a home
Just learned my interest is 5.25 on our home morgage....
Home Loan advise? Remodel and Addition
I am looking into a renovation/remodel of my current...
Sponsored Products
Royal Flush Low Loft with Top Tent,Slide and Tower
Ameriwood Kids' Night Stand
Green Leather Kermit Kids Frog Bed
Zuri Furniture
Englacha Rider Elephant - 04032007-1
$53.29 | Hayneedle
Kalee Tractor & Loader Pedal Riding Toy - KL-50001B
$110.96 | Hayneedle
Hand-woven Burgundy Chenille Rug (4' x 6')
© 2015 Houzz Inc. Houzz® The new way to design your home™