Tax Refund Expectations with $100k Income and 3 Dependents - Will I Still Get Child Tax Credit?

Tax professional here. Your refund amount depends on several factors, not just income. With 3 qualifying children, you're still eligible for Child Tax Credit ($2000 per child) and possibly Additional Child Tax Credit. Also matters if you're single/married and your withholding through the year. Don't panic - plenty of families in 100k range still get refunds.

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in the same boat! made 98k this year w/ 2 kids and stressed about it. following for answers

Bruh tax bracket aint everything. Did u adjust ur w4 when u got the raise? That makes a HUGE difference

Made 112k last year, 3 kids, got back 9k. U should be fine as long as ur withholding is right

lmaooo imagine worrying about making TOO MUCH money 🤑 but fr tho check ur withholding

Don't stress too much! At $100k with 3 kids, you're still in a good spot for refunds. The Child Tax Credit alone gets you $6k ($2k per kid), plus you might qualify for Additional Child Tax Credit if your tax liability is lower than the credits. I'd suggest running a quick tax calculator online or checking what your federal withholding has been throughout the year - that's usually the biggest factor in refund size. You're likely still getting money back!

Same situation here! Made $105k with 3 kids and was super worried too. Just filed and got back $8,200. The child tax credit really helps - you get $2k per kid which is $6k right there. Plus depending on your withholding throughout the year you might get even more back. I think you'll be pleasantly surprised! The jump to $100k income bracket isn't as scary as people make it seem when you have dependents.

Made $98k this year with 2 kids (ages 8 and 10) and was having the same anxiety! Just got my refund estimate and it's $7,400. The Child Tax Credit is definitely your friend here - that's $6k guaranteed with your 3 kids. Plus if you've been having taxes withheld all year like you did at lower income, you're probably in good shape. I wouldn't stress too much about hitting that $100k mark, especially with dependents. The tax brackets aren't as scary as they seem when you factor in all the credits you qualify for!

Don't worry! I'm in a very similar situation - made $102k this year with 3 kids (ages 6, 9, and 11). I was freaking out about the same thing but just ran the numbers and I'm still getting back around $9k. The Child Tax Credit is huge - that's $6k right there for your 3 kids. Plus if you didn't adjust your withholding when your income went up, you probably had more taxes taken out than needed. The key thing is that tax credits reduce your tax liability dollar-for-dollar, so even if you're in a higher bracket, those credits still pack a punch. You'll probably be pleasantly surprised!

Just wanted to chime in as someone who went through this exact same worry last year! Made $99k with 3 kids and was convinced I'd owe money for the first time ever. Ended up getting back $8,900 - almost had a heart attack from relief lol. The Child Tax Credit really is a lifesaver at this income level. What helped me was looking at my paystubs throughout the year to see how much federal tax was actually withheld. If you didn't change your W-4 when you got the raise, you're probably golden. The worst part is just the anxiety of not knowing - once you actually run the numbers or file, you'll likely breathe a huge sigh of relief!