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2. American Rescue Plan Act of 2021 - Wikipedia

   en.wikipedia.org/wiki/American_Rescue_Plan_Act...

   Additionally, the value of this credit will now be based on 50% of the value of eligible expenses. The income limit for receiving this credit is also increased to $125,000 for households. These changes are also for 2021 only. Expands the earned income tax credit by removing the upper age limit and lowering the lower age limit to 19. The maximum ...

3. 8 money-saving tax tips for parents - AOL

   www.aol.com/8-money-saving-tax-tips-152539885...

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4. Understanding the Child Tax Credit - AOL

   www.aol.com/finance/understanding-child-tax...

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5. Economic Growth and Tax Relief Reconciliation Act of 2001

   en.wikipedia.org/wiki/Economic_Growth_and_Tax...

   Additionally, EGTRRA increased the per-child tax credit and the amount eligible for credit spent on dependent child care, phased out limits on itemized deductions and personal exemptions for higher income taxpayers, and increased the exemption for the Alternative Minimum Tax, and created a new depreciation deduction for qualified property owners.

6. TurboTax Child Tax Credit Calculator and Top 7 Requirements - AOL

   www.aol.com/finance/turbotax-child-tax-credit...

   The American Rescue Plan Act of March 2021 is designed to assist in the United States’ recovery from the economic impact of the COVID-19 pandemic. A significant part of the plan includes the ...

7. American Taxpayer Relief Act of 2012 - Wikipedia

   en.wikipedia.org/wiki/American_Taxpayer_Relief...

   Some tax credits for poorer families were extended for five years, including ones for college tuition and an expansion of the Earned Income Tax Credit. [5] A number of corporate tax breaks were extended, including the "active financing" tax exemption for major corporations (cost $9 billion), [6] the New Markets Tax Credit Program (cost $1.365 ...

8. Low-Income Housing Tax Credit - Wikipedia

   en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

   The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.

9. Earned Income Credit Table: Find Out If You Qualify - AOL

   www.aol.com/finance/earned-income-credit-table...

   2020 Tax Year Earned Income Tax Credit Income Limits . If your filing status is: Number of Qualifying Children. 0. 1. 2. 3. Single. $15,820. $41,756. $47,440. $50,594