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2022 Child Tax Credit: Top 7 Requirements
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. Read more…

The Ins and Outs of the Child and Dependent Care Tax Credit
If you are paying someone to take care of your children or another person in your household while you work, you might be eligible for the child and dependent care credit. This credit "gives back" a portion of the money you spend on care, and can reduce your tax bill by hundreds or even thousands of dollars. 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…

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…

Steps to Claiming an Elderly Parent as a Dependent
If you cared for an elderly parent, your parent may qualify as your dependent, resulting in additional tax benefits for you. Read more…

More Family Articles

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

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