hand to hand guild to make 10k from IRS each year..

lol...

hand to hand guild for a family of 5, with 3 kids, making 10k in refundable tax credit from IRS each..

1. married couples with 3 kids.

2. work 2-3 month out of the year, making $12750 total income.

3. withhold $119 Fed income tax a month.

4. maximized the EIC, IRS pays you $5751.

5. Child Credit, 3 x 1000 each kid, $3000.

6. Child care credit, $500.

7. 100% refund on you fed withholding, 119*12 = 1428.

8. there you have it, 5751+3000+500+1428=$10679 from Uncle Sam each Feburary.

 

haha, many low income families are depending on this money to catch up each year, thats why Jan/Feb/Mar are the best months for landlords.