The dealership actually pays less than invoice for the cars. While I don't know who actully comes up with the invoice price, it is used as a bottom line for most dealerships. Most dealerships will not sell anything below invoice, and they will tell you it is they're cost.ubmit. Â· just now. Report Abuse. Invoice is the supposied price the dealer purchased the car for and the MSRP is what the automaker said the dealer ship should sell it for. this is why they get tons of people in to the dealer ship when they have thier hunders of dollars over invoice sale.
Child and Dependent Care Credit: The individual being claimed as a dependent must meet the four basic tests, but there is a modification when it comes to the age test. For the child and dependent care credit, the dependent must be under age 13 unless the individual is permanently or totally disabled. Child Tax Credit: A child is your qualifying child for the child tax credit if he or she meets the four basic tests except for the age test: The child must be under age 17 and must be claimed as your dependent.
The maximum amount you can get for each child is $1,000 for Tax Year 2016. You must file Form 1040A efile it or Form 1040 efile it to claim the credit (you cannot claim the Child Tax Credit on a 1040-EZ). You can complete and file a 1040A or 1040 in order the claim the Child Tax Credit on efile.com.