Child Tax Credit Archives - Page 5 of 8 - FREE Yourself from IRS Problems

Shamsey Oloko August 30, 2016 Child Support, Child Tax Credit, Form 8332 0

The Importance Of Form 8332

Divorced taxpayers with children that fail to include an executed Form 8332 with their tax return will lose the exemption for that particular tax year. Form 8332 (Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent) allows…

Shamsey Oloko August 16, 2016 Charitable Contributions, Child and Dependent Care Credit, Child Tax Credit, Deductions, Health Expenses 0

The Most Overlooked Tax Deductions, Part 4

Many taxpayers overlook the long list of deductions that they may take when completing and filing their tax returns. The IRS has estimated that millions of taxpayers overpay their taxes each year mainly because they fail to avail themselves of…

Shamsey Oloko May 18, 2016 Child Tax Credit, Filing Status, Income, Tax Credit, The American Taxpayer Relief Act of 2012 0

Children And Tax Credits: The Child Tax Credit

The popular $1,000-per-child tax credit was made a permanent part of the tax code by the American Taxpayer Relief Act. Depending upon a parent’s income, the Child Tax Credit is an important and useful tax credit that may be worth…