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  2. Dependents - Internal Revenue Service

    www.irs.gov/credits-deductions/individuals/dependents

    A dependent is a qualifying child or relative who relies on you for financial support. To claim a dependent for tax credits or deductions, the dependent must meet specific requirements. Answer questions to see if you can claim someone as a dependent on your tax return. See the full rules for dependents. General rules for dependents

  3. Child and Dependent Care Credit FAQs - Internal Revenue Service

    www.irs.gov/newsroom/child-and-dependent-care-credit-faqs

    The child and dependent care credit is a tax credit that may help you pay for the care of eligible children and other dependents (qualifying persons). The credit is calculated based on your income and a percentage of expenses that you incur for the care of qualifying persons to enable you to go to work, look for work, or attend school.

  4. Child Tax Credit - Internal Revenue Service

    www.irs.gov/credits-deductions/individuals/child-tax-credit

    You can claim the Child Tax Credit by entering your children and other dependents on Form 1040, U.S. Individual Income Tax Return, and attaching a completed Schedule 8812, Credits for Qualifying Children and Other Dependents.

  5. Rules for Claiming Dependents on Taxes - TurboTax Tax Tips &...

    turbotax.intuit.com/tax-tips/family/rules-for-claiming-a...

    What qualifies someone as a dependent? The Child Tax Credit is up to $2,000. The Credit for Other Dependents is worth up to $500. The IRS defines a dependent as a qualifying child (under age 19 or under 24 if a full-time student, or any age if permanently and totally disabled) or a qualifying relative.

  6. Child and Dependent Care Credit: Definition, Who Qualifies

    www.nerdwallet.com/.../child-and-dependent-care-tax-credit

    What is the child and dependent care tax credit? The child and dependent care credit (CDCC) is a tax credit for parents or caregivers to help cover the cost of qualified care expenses for a child...

  7. Child Tax Credit 2024: Eligibility, Requirements - NerdWallet

    www.nerdwallet.com/.../qualify-child-child-care-tax-credit

    What is the child tax credit? The child tax credit is a nonrefundable tax credit available to taxpayers with dependent children under the age of 17. The credit can reduce your tax...

  8. Child and dependent care tax credit - USAGov

    www.usa.gov/child-dependent-care-credit

    If you paid for your child’s or a dependent’s care while you worked or looked for a job, you may be eligible for a credit on your tax return. Your eligibility to claim the child and dependent care credit will depend on the amount you paid to care for a qualifying child, spouse, or other dependent.

  9. The Child And Dependent Care Credit Is Worth Up to $8,000 This ...

    www.forbes.com/advisor/taxes/child-and-dependent-care-credit

    For 2021, you can deduct a maximum of $8,000 of expenses for one child or dependent or $16,000 for two or more children. Taxpayers may qualify for the tax credit up to 50% of qualified expenses...

  10. How Much Does a Dependent Reduce Your Taxes? - Investopedia

    www.investopedia.com/ask/answers/102015/how-much-does...

    If you can claim someone as a dependent, deductions like the earned income tax credit (EITC) and child tax credit will lower your tax bill. Learn which you can claim.

  11. How to Claim a Tax Dependent: Rules, Qualifications

    www.nerdwallet.com/article/taxes/claim-tax-dependent-rules...

    Having a dependent may allow you to claim head of household filing status, the child tax credit, the earned income tax credit or the child and dependent care credit. What is a tax dependent? A...