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Birth of a Child
The birth of a child is not just a blessed event; it's the beginning of a whole new set of tax breaks for your family. Learn how the newest addition to your family can help trim your tax bill, and how to save for your child's future in the most tax-efficient manner. Read more…

Rules for Claiming a Dependent on Your Tax Return
Claiming dependents can help you save thousands of dollars on your taxes each year. Yet many of us aren't aware of who may qualify as our dependents. Read more…

What Are Dependents?
Come tax season, even one dependent can really reduce the amount of your income subject to tax. Sounds good, right? Well hold on, the IRS requires that both you and the dependent meet all eligibility criteria before claiming the exemption. Here's how to find out if you're eligible. Read more…

Tax Filing Requirements for Children
The IRS requires that all taxpayers file a tax return, regardless of age. Read more…

2021 Child Tax Credit Top 7 Requirements & Tax Calculator
The Child Tax Credit can significantly reduce your tax bill if you meet all seven requirements: 1. age, 2. relationship, 3. support, 4. dependent status, 5. citizenship, 6. length of residency and 7. family income. You and/or your child must pass all seven to claim this tax credit. Use our child tax credit calculator to determine your eligibility for tax year 2020 or tax year 2021. Read more…


More Family Articles

Guide to Filing Taxes as Head of Household Video: Child Care Tax Credits Video: What's the Child Tax Credit—How Do I Qualify? At What Income Does a Minor Have to File an Income Tax Return? Video: How to Prove Head of Household for the IRS What is Form 8332: Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent Video: Tax Credits When Adopting a Child What Is a Personal Representative for Taxes? What is the IRS Form 8812? Tax Tips When Sending Kids to Private or Public Schools What is the Additional Child Tax Credit? Tax Tips for Single Dads Death in the Family Information on 529 Plans The Dirty Dozen: 12 Tricky Tax Dependent Dilemmas Dependent Tax Deductions and Credits for Families Video: What Is a 529 Plan Contribution? Tax Deductible Pregnancy Medical Expenses New Addition: Adoption Tax Credits Claiming a Non-Citizen Spouse and Children on Your Taxes Video: Claiming Dependents on Your 2010 Tax Return Video: Tax Credits for Disabled Dependents Video: What is IRS Form 2441? Child and Dependent Care Expenses Video: Tax Filing Requirements for Children Should I Include a Dependent's Income on My Tax Return? The Ins and Outs of the Child and Dependent Care Tax Credit Steps to Claiming an Elderly Parent as a Dependent Filing Tax Form 2441: Child and Dependent Care Expenses 5 Tax Tips for Single Parents What is IRS Form 8615: Tax for Certain Children Who Have Unearned Income 5 Tax Tips for Single Moms Claiming a Domestic Partner as a Dependent What is the Generation-Skipping Transfer Tax? Sending Kids to College Video: What Are Dependents? What Happens When Both Parents Claim a Child on a Tax Return? Can I Claim a Boyfriend/Girlfriend as a Dependent on Income Taxes? How to Itemize Taxes When Claiming Dependents Cash for College: Tax-Free 529 Plans 8 Money-Saving Tax Tips for Parents Tax Counseling for Seniors and the Elderly Navigating Family Trusts and Taxes How Do I Claim Someone as a Dependent on Taxes? Sweet Child of Mine: Tax Credits for Parents What Is IRS Form 8839: Qualified Adoption Expenses? Video: Who You Can Claim as a Dependent on Your Tax Return Video: Tax Tips for a New Baby Deducting Summer Camps and Daycare with the Child and Dependent Care Credit Child Tax Credit Video: How to File a Tax Return with Adult Dependents Tax Deductions for Funeral Expenses

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