I recently had a child. Is there new baby tax credit or new baby child tax credit?
No. There is no tax credit specific to the birth of a child. However, you can claim the child tax credit. The Child Tax Credit can reduce your tax bill by as much as $1000 per child. This tax credit is applicable to your dependent children under age 17.
Learn more about earned income credit eligibility and get tax answers at H&R Block.
Head of household is a filing status for single or unmarried taxpayers who have maintained a home for a qualifying person, such as a child or relative. This filing status provides a larger standard deduction and more generous tax rates for calculating federal income tax than the Single filing status.
Tax season is right around the corner! Consider how the withholding allowances claimed on your Form W-4 could affect your income tax refund by visiting the Tax Information Center blog.
An ITIN is issued by the IRS to help people file taxes without a Social Security number. Learn how to get an ITIN number, who qualifies, and where to apply.