Tax Credits
A tax credit is an incentive that lets a taxpayer reduce the total amount of tax owed. Find out which tax credits are available to you.
Tax Basics
Latest Tax Credit Articles
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10 easy tax deductions and credits to cut your tax bill
These 10 tax credits and deductions can help you trim your tax bill and, in some cases, even boost your refund.
7 min read Sep 07, 2025 -
Child and dependent care credit: How it works, who qualifies and how much it’s worth
The child and dependent care credit can help parents recoup some of the steep costs of child care, and a new tax law increased how much this tax credit is worth.
7 min read Aug 21, 2025 -
The additional child tax credit: What it is, who qualifies and how to claim it
The additional child tax credit can mean an extra $1,700 in your pocket, if you qualify.
4 min read Jul 24, 2025 -
Child tax credit: Who’s eligible, how to claim it and more
The ‘big beautiful bill’ hiked the child tax credit to $2,200 in 2025, up from $2,000 in 2024. Here’s who qualifies for this valuable tax credit.
4 min read Jul 24, 2025 -
Tax credits are a valuable tool to trim your tax bill — here’s how they work
Tax credits can help you save big on your taxes. Here’s how they work and how to qualify.
6 min read Apr 25, 2025 -
Earned income tax credit (EITC): What it is, income limits and more
This popular tax break can be worth up to $8,046 for some families in 2025, but it can be tricky to claim.
4 min read Apr 08, 2025 -
American Opportunity Tax Credit: What it is, who qualifies, how to claim it
The American Opportunity Tax Credit is worth up to $2,500 if you’re paying for qualified educational expenses for yourself or a dependent.
4 min read Feb 23, 2025 -
The Lifetime Learning Credit: How it works, income limits, and more
At tax time, the Lifetime Learning Credit can help you save money on education costs.
3 min read Jan 03, 2025 -
Can I get an education tax credit if I paid with a 529 plan?
If you plan carefully, you may be able to benefit from a 529 plan and tax credits.
4 min read Nov 11, 2024 -
The ultimate guide to saving on child care
To get help with costs, tap resources, including the government, your employer and day care agencies.
4 min read Apr 29, 2018 -
Tax credits help with higher education
Families can get help via the American opportunity and lifetime learning tax credits.
3 min read Mar 10, 2017 -
Tax breaks for the unemployed
While unemployment benefits are taxable, jobless folks may enjoy some tax breaks.
3 min read Mar 06, 2017 -
New tax exemption amounts for 2016 tax returns
Exemptions are like deductions. You can claim $4,050 each for yourself and family members.
1 min read Jan 09, 2017 -
Qualifications for earned income credit: Low-income worker loses job, needs a break
The Earned Income Tax Credit can get you more money than you paid all year.
2 min read Mar 15, 2016 -
Your foreign stepchildren may be qualifying relatives for tax purposes
You may be able to claim exemptions for your stepchildren from Mexico. Here’s how.
3 min read Mar 01, 2016 -
Can I defer passive activity loss to next year if earnings are too high?
You can only deduct real estate losses to offset gains, but there are a couple of exceptions.
2 min read Feb 16, 2016 -
Sales tax holiday in Iowa
Iowa’s sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.
Jul 22, 2015 -
Sales tax holiday in Georgia
Georgia’s sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.
Jul 22, 2015 -
Sales tax holiday in Maryland
Maryland’s sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.
Jul 22, 2015 -
Sales tax holiday in New Mexico
New Mexico’s sales-tax holiday can save shoppers a few dollars as long as they follow all the rules.
1 min read Jul 22, 2015