Credits
Tax credits reduce your total tax bill. Get to know the tax credits you can claim. If your tax bill is zero, a portion of the credit might add up to your tax refund. Find which tax credits are refundable.
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2441 Form 2021
Form 2441—Child and Dependent Care Expenses. There is a tax credit for the expenses of the child and other qualifying…
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8962 Form 2021
Form 8962— Premium Tax Credit is the IRS tax form that is used for figuring out the premium tax credit…
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Itemizing vs. Standard Deduction
All taxpayers have two options when it comes to deductions. Either take the standard deduction or itemize. If a taxpayer…
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Earned Income Tax Credit
Low-to-moderate-income workers can reduce their tax bill and increase tax refund by claiming the earned income tax credit. The EITC…
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Child Tax Credit 2021
Other than the deductions you can claim on your tax return, there are tax credits that are way more valuable.…
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