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Last Summer's Advance on Child Tax Credit Creates Problems for Some Filers.

Publication: Knight Ridder/Tribune Business News
Date: Tuesday, April 13 2004

By Eileen Ambrose, The Baltimore Sun Knight Ridder/Tribune Business News

Apr. 13--As a single mother of five, Sandy Dixon was ecstatic when a tax preparer said her federal refund this spring would be $5,000, thanks to the increase in the child tax credit.

"That's wonderful. It's more than a paycheck," said Dixon, a special education teacher. In anticipation of the windfall, Dixon spent half of it on carpeting for her Baltimore home.

Now to the dismay of Dixon -- and more than a million other taxpayers -- it turns out the calculation was wrong

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