Don't Blame Me, I Voted For Kerry Message Board

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Politics : Don't Blame Me, I Voted For Kerry

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To: American Spirit who wrote (5500)	3/7/2004 3:09:16 PM
From: Karen Lawrence	of 81568

Income Tax 2003: give & take Giveth: Last year, the (Republican) Congress voted to raise the per-child tax credit to $1,000 from the scheduled $600, and in an effort to get cash into the hands of consumers and thereby boost the economy, it directed the IRS to mail out checks for the $400 increase immediately, using taxpayer's 2002 returns as a guide to their eligibility. Taketh: Unless the IRS missed you, don't try to claim the full $1,000 per child on your return. You already got a big chunk of it. In addition, because of various limitations, taxpayers at the high and low ends of the income scale may have received an odd amount rather than an even $400 per child, and in fact may not remember or have records of exactly what they did receive. If that's a problem, go to the IRS's Web site, www.irs.gov, and click on "Remember Your Advance Child Tax Credit." You can fill out an online form and the agency will remind you how much you got. washingtonpost.com

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