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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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 at least some of the steep costs of child care.
5 min read May 30, 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 -
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 Apr 10, 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 -
Child tax credit: Who’s eligible, how to claim it, and more
If you have a child under 17, the child tax credit can be a valuable tool for cutting your tax bill.
4 min read Apr 02, 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 -
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.
6 min read Jan 27, 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 -
$4,000 travel tax credit? Here’s how the ‘Explore America’ stimulus proposal could fund your next vacation
Here’s what a proposed tax credit for travel could mean for you.
4 min read Jun 24, 2020 -
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