Claim tax deductions:Explore variousdeductionsavailable to you and their qualifications. These deductions help reduce your taxable income. Some common deductions include student loan interest, educator expenses, and contributions to retirement accounts. Have the relevant documents handy for accurate reporting....
Claiming the Child Tax Credit - Many changes made to the Child Tax Credit as the result of the American Rescue Plan Act of 2021 have expired and the child tax credit will remain the same in 2024 as it was in 2023 and 2022 (note, the refundable portion of this credit has increased). ...