Here is what you should know about the child tax credit for this year's tax season and whether you qualify for it.

As tax season nears, here's what you need to know about qualifying for your 2024 taxes. The maximum tax credit per qualifying child is $2,000 for children under 17. For the refundable portion of the ...

The additional tax credit cannot be given to those who file a Form 2555 or Form 2555-EZ ... You must also complete a schedule 8812, which is or credits for qualifying children and other dependents.

The additional tax credit cannot be given to those who file a Form 2555 or Form 2555-EZ, excluding foreign earned income.

This tax break can help you offset $2,500 in qualifying expenses tied to your higher education. Here's what you need to know.

Credit card issuers ... the income on her/his tax return, so that the IRS can match the income to the recipient's tax return," Rossman says. "Even if no 1099 form is issued, you still have to ...

This tax treatment is an additional ... cash-back credit cards usually pay their bonuses in cash, as opposed to points or miles. The “cash” might be in the form of a credit on your statement ...

New tax credits are available for companies that generate clean electricity, the Biden administration announced Tuesday, ...

The non-refundable tax break can help working families afford quality care for their child or qualifying dependent.

Still available — and the only option for those who bought EVs in 2023 — is claiming the credit later with your tax return on IRS Form 8936. If you do this, you can’t get more in credit than ...