Can You Really Get $8,000 for One Kid? Yes, it’s possible—but it’s not common. To see refunds like this, you have to position yourself for it. As taxpayers, we are required to pay taxes, but the IRS provides credits and deductions that can reduce or even eliminate that obligation. The tax system wasn’t designed just to hand out refunds—it was created for you to pay taxes, and if you overpay, you get a refund. This client didn’t have a Schedule C or education credits. He simply overpaid in taxes, had income in the perfect range to maximize EITC, and was able to take full advantage of the Child Tax Credit and Additional Child Tax Credit. If you want refunds like this, tax planning is key!
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