Saturday, June 25, 2022

8 Tax Credits and Deductions for Parents

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There’s a tax break for just about everyone — close to 90% of federal income tax returns claim the standard deduction, after all — but Uncle Sam does offer more savings opportunities to some taxpayers than others. Those who own their home are one example, as we detail in “ 9 Federal Income Tax Breaks for Homeowners.” Taxpayers who have children are another example. Some of the tax breaks for...



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