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  2. 5 Tax Deductions That Could Bring In an Extra $1,000 On This ...

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    “If you’re employed or self-employed and earned less than $63,698, you can use the Earned Income Tax Credit to save some money at tax time,” said former Wells Fargo financial advisor ...

  3. Amazon’s Jeff Bezos outfoxes Washington — the ... - AOL

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    Some popular examples include: the child tax credit (CTC), the electric vehicle (EV) tax credit and the earned income tax credit (EITC). All tax credits have different thresholds for eligibility ...

  4. These Red Flags on Your 2022 Tax Return Could Spark ... - AOL

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    A Schedule C for self-employment that reports just the "right ratio" of income and expenses to qualify the taxpayer for a large earned income credit is a red flag, Du Val said. "The available ...

  5. 5 Tax Deductions That Could Bring In an Extra $1,000 On This ...

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    The EITC is for low- and moderate-income households, but parents earning up to $200,000 a year — $400,000 for married couples filing jointly — can still cash in on the cost of raising children ...

  6. Understanding the current Child Tax Credit for 2023 and what ...

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    Tax Talk: Proceed cautiously when claiming the Earned Income Tax Credit this season. Succinctly, the current CTC for 2023 is a $2,000 credit per qualifying child. For a taxpayer to claim the CTC ...

  7. What is the long-term capital gains tax? - AOL

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    Long-term capital gains tax is a tax applied to assets held for more than a year. The long-term capital gains tax rates are 0 percent, 15 percent and 20 percent, depending on your income. These ...

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