If you pay or receive child support, you may have questions about tax rules for child support and how this could affect your income tax filing. The IRS recognizes the role of parents and guardians for ...

The child tax credit has reverted lower for 2023 than in previous years, when it was expanded due to COVID. This means taxpayers with one or two children may see a lower credit for their children ...

Working middle-income Americans won’t need to itemize to claim these tax deductions and credits — if you qualify.

It happens every year: stories of adult children dealing with their parents claiming them on their taxes. As you start working and making money, you are supporting yourself through your life and ...

The Child and Dependent Care Tax Credit is a way that the federal government helps put money directly back in the pockets of working families. If you have to pay for care for your children or ...

Many U.S. taxpayers are unaware that having family members abroad doesn't exclude them from certain tax benefits. If you're financially supporting children, parents, or other relatives living outside ...

The child and dependent care credit is available for expenses paid for a qualifying child for day care. It can also be used for dependents who are not able to care for themselves, if the requirements ...