Parents: Three Tax Credits You Need to Claim This Year
Parents: here are three tax credits you need to claim this year. 👶 Child Tax Credit: Up to $2,000 per qualifying child under 17. This is a credit, not a deduction — it reduces your tax bill dollar for dollar. 👶 Child and Dependent Care Credit: If you paid for daycare, after-school care, or summer camp so you could work, you can claim up to $3,000 in expenses for one child or $6,000 for two or more. 👶 Earned Income Tax Credit: If your income falls within certain thresholds, this credit can be worth up to $7,830 for families with three or more children. Many eligible families never claim it. These credits exist because raising children is expensive. The tax code acknowledges that. But you have to actually claim them. Schnoldine Lynn Joseph, Tax Accountant and IRS Enrolled Agent at JRICKSS Financial Services, ensures every parent gets every credit they qualify for. 📞 Maximize your family tax credits. (844) 200-8027 | (973) 392-2785 🌐 book.jrickssfinancialservices.com
