TaxGuyBill
Level 15
03-23-2024
10:58 AM
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The Family Size is two. That is the number of people on the tax return. In most cases, that INCREASES the credit and/or REDUCES the repayment.
That has nothing to do with the repayment limit. The repayment limit is based on Filing Status. If the taxpayer is filing as "Single", the limit is $1500. If it is anything else (for example, Head of Household), the limit is $3000.