If you received a large refund last year or are anticipating one this year, it is possible to estimate the amount of your refund today. There are no guarantees when it comes to taxes, but by using your pay stub amounts you can have a good idea of how much you can expect.
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One of the most beneficial and popular federal tax credits is the Child Tax Credit. This is a nonrefundable tax credit but it is worth up to $1,000 per qualifying child.
Who is Considered a Qualifying Child?
The IRS considers a qualifying child to be a child that meets all of the criteria’s below:
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