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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Here’s how to get education tax credits if you used a 529 plan
If you plan carefully, you may be able to benefit from a 529 plan and tax credits.
3 min read Mar 25, 2022 -
Biden’s plan to overhaul 401(k) tax breaks — Here’s why it could create a surge into Roth 401(k)s
Here’s what you need to know about Biden’s 401(k) plan and how it could impact your finances.
3 min read Sep 29, 2020 -
$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 -
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 30, 2018 -
Do you qualify for the lifetime learning credit?
Did you know you can save on taxes if you qualify for the lifetime learning credit?
3 min read Nov 14, 2017 -
The earned income tax credit a boon for those who qualify, but it’s complicated
The earned income tax credit could wipe out your tax bill plus get you a refund.
4 min read Mar 16, 2017 -
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 -
Adopt a child? Be sure to adopt the tax breaks the IRS has for adoptive parents
Raising a kid is costly, but for adoptive parents, the IRS offers a big tax break.
4 min read Mar 02, 2017 -
6 ways the IRS helps pay for education via tax-favored savings plans, other tax breaks
These tax breaks can help reduce college costs, and one even helps younger students.
4 min read Feb 20, 2017