Tuesday, March 10, 2015

22 Tax Breaks That Could Save Your Family Big This Tax Season

Is the IRS trying to take all of your money? Here’s how to take some of it back!



Alice Mongkongllite / BuzzFeed


Child tax credit


Child tax credit


It's time for those kids to start pulling their weight around here! This credit can cut up to $1,000 off your tax bill, per child. Ka-ching!


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Additional child tax credit


Additional child tax credit


What if that child tax credit is more than you actually owe in taxes? You may still qualify for the full amount, which would mean the government ends up paying you at tax time.


Flickr: kenwilcox / Via Creative Commons


Child and dependent care credit


Child and dependent care credit


If you pay for childcare, up to 35% of those expenses can be knocked off your tax bill. (Click here for more.)


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