The average U.S. salary for 2012 was $47,000. The median household income was $50,020.
A salary of $51,567 in San Francisco, California could decrease to $21,948 in Carthage, Missouri. And a salary of $51,567 in Carthage, Missouri should increase to $121,155 in San Francisco, California.
Preview of 2013 Tax Year
Earned Income and adjusted gross income (AGI) must each be less than:
$46,227 ($51,567 married filing jointly) with three or more qualifying children
$43,038 ($48.378 married filing jointly) with two qualifying children
$37,870 ($43,210 married filing jointly) with one qualifying child
$14,340 ($19,680 married filing jointly) with no qualifying children
Tax Year 2013 maximum credit:
$6,044 with three or more qualifying children
$5,372 with two qualifying children
$3,250 with one qualifying child
$487 with no qualifying children
Investment income must be $3,300 or less for the year.
by piratehookerJanuary 24 at 4:27 PMYes
by AnonymousJanuary 24 at 4:27 PM
by AnonymousJanuary 24 at 4:27 PMThey are definitely struggling.
by AnonymousJanuary 24 at 4:30 PMIdk.. but I sure love it :) We are getting back $7,400! woooot
by owl0210January 24 at 4:30 PM
Yes I wouldn't even qualify and I'm divorced with one child.
by AnonymousJanuary 24 at 4:32 PM
not poor, but struggling. DH is in the military and we more than qualify
by Sept-babies2January 24 at 4:33 PMno. We qualify and we don't struggle. I don't consider us poor. Maybe it is where we live.