You can claim up to $2,000 per kid in child tax credit

Should you claim a tax credit or deduction on your taxes?
When handling your taxes, it can be tricky to decide whether to opt for a tax deduction, tax credit, or both if you’re eligible. While both offer tax relief, they do so in different ways. Understanding the difference is essential since deductions and credits can be limited by your income.
IRS delays popular child tax credit refunds for 2024 returns. Here’s how to claim them
Tax credits tied to children and dependents are popular, but there are many restrictions. The IRS delays refunds on some credits to thwart fraud.
EV tax credit rejected, IRS explains what owners can do
Electric vehicle buyers are facing hurdles as the IRS rejects tax returns claiming the expanded EV tax credit, due to dealerships failing to file a crucial "time of sale" report.
You can still claim up to $2,000 per kid from the child tax credit, but that amount may drop after 2025—here's what to know
If Congress doesn't address the soon-expiring expanded child tax credit, parents could see a higher tax bill in the coming years.
Next steps: What to do if you were denied the Child Tax Credit payment
The Child Tax Credit (CTC) is a crucial financial benefit for families in the United States, designed to reduce tax liability and potentially offer refunds.
Earned income tax credit: What it is and how to claim it
It’s called the Earned Income Tax Credit. According to the IRS, one in five eligible taxpayers in North Carolina do not claim this credit worth up to $7,830 dollars. This is a tax break aimed at helping working Americans with a low-to-moderate income.

House Bill, tax credit and school choice

Explícame on MSN1h
The $2,500 Annual Tax Credit: who is eligible for the AOTC?
The American Opportunity Tax Credit (AOTC) offers a significant financial benefit for students in their first four years of ...
Tax credit bill that could pave way for Summerlin movie studio gets first hearing
Assembly Bill 238 — could see the creation of a movie studio in Summerlin as a partnership between the Howard Hughes ...
Tesla Model 3 Lease Deals Ending As Tax Credit End Threatens Price
Tesla's new Model 3 sedans wait to be shipped aboard at Shanghai Haitong ... [+] International Automotive Terminal on March ...
Florida Politics6h
Preserving tax credits for private health coverage gets backing from both parties
At a town hall this week hosted by Democratic U.S. Rep. Sheila Cherfilus-McCormick on “The Future of Medicaid, Medicare, and ...