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2. Now That You’re Divorced, Who Claims Your Child on Taxes? - AOL

   www.aol.com/now-divorced-claims-child-taxes...

   Tax year 2020 hasn’t brought any major changes to tax law for divorced parents, but things changed significantly with the implementation of the Tax Cuts and Jobs Act in 2018.

3. Saver’s tax credit: A guide to the retirement savings incentive

   www.aol.com/finance/saver-tax-credit-guide...

   In the 2024 tax year (for filing taxes in 2025), the saver’s credit phases out at $76,500 for married couples filing jointly, $57,375 for heads of household and $38,250 for singles and married ...

4. 7 Overlooked Tax Breaks After Divorce That Could Save ... - AOL

   www.aol.com/7-overlooked-tax-breaks-divorce...

   The child tax credit provides up to $2,000 per child. The noncustodial parent may be able to claim this credit, providing the other parent signs a form permitting them to do so. 4) Medical ...

5. Child tax credit (United States) - Wikipedia

   en.wikipedia.org/wiki/Child_tax_credit_(United...

   Background. A tax credit enables taxpayers to subtract the amount of the credit from their tax liability. In the United States, to calculate taxes owed, a taxpayer first subtracts certain "adjustments" (a particular set of deductions like contributions to certain retirement accounts and student loan interest payments) from their gross income (the sum of all their wages, interest, capital gains ...

6. Earned income tax credit - Wikipedia

   en.wikipedia.org/wiki/Earned_income_tax_credit

   The United States federal earned income tax credit or earned income credit ( EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. The amount of EITC benefit depends on a recipient's income and number of children. Low-income adults with no children are eligible. [1]

7. I Lost My Retirement Savings in a Divorce: Here’s How ... - AOL

   www.aol.com/lost-retirement-savings-divorce-made...

   Violet started rebuilding her retirement savings by boosting her contributions to her 401k. For the past four years, she’s put closer to 15% of her income into her account, in addition to her 5% ...