Dependents

/Tag: Dependents

Top 8 Tax Breaks for Parents

2018-12-04T17:16:20+00:00

If you have children, you may be able to reduce your tax bill using these tax credits and deductions. Child Tax Credit: You may be able to take this credit on your tax return for each of your children under age 17. Qualifying dependents must have a valid Social Security Number. This credit is refundable, which means you may a refund even if you don’t owe any tax. Credit for Other Dependents: This is a [...]

Top 8 Tax Breaks for Parents2018-12-04T17:16:20+00:00