desktop
en English

Archive for the ‘Child Tax Credit’ Category.

IRS Highlights Importance of Child and Dependent Care Credit; Can Help Families, Others

The IRS reminds us that the Child and Dependent Care Credit was expanded for the 2021 US tax year, for taxpayers with an Adjusted Gross Income of under $438,000, it is 8,000 per qualifying person up to 2 qualifying persons or $16,000, where a qualifying dependent is a dependent 12 years ...

Click here for more

Understanding The Child and Dependent Care Credit

The Child and Dependent Care Credit may come into play for tax year 2021, the maximum eligible expense for this credit is $8,000 for one child and $16,000 for two or more for qualifying persons! Taxpayers who are paying someone to take care of their children or another member of house...

Click here for more

Child tax credit by the numbers

The IRS explains the Child Tax Credit (CTC) with phase out ranges STARTING at $400,00 for married filing joint filers.  The IRS reminds us of what the parameters for claiming the CTC starting in January 1 of 2019. Taxpayers may be able to claim the child tax credit if they have a qualify...

Click here for more

The child tax credit benefits eligible parents

With the signing of the TCJA 2017 legislation on December 22, 2017 to become effective as at January 1, 2018 the Child Tax Credit (CTC) took on a whole new life.  With new phase out ranges STARTING at $400,00 for married filing joint filers, it was not uncommon this past 2018 tax season t...

Click here for more

Here’s how the credit for other dependents can benefit taxpayers

The Child and Dependent Care Credit may come into play when the Child Tax Credit does not, learn who qualifies, the maximum credit available, the type of care that qualifies, and the provider information required to claim the credit. Taxpayers with dependents may qualify to claim a few di...

Click here for more

Categories

You have not assigned any widget for this section.

Categories

Member and Featured Faculty of

Member and Featured Faculty of