Entertainment
$8,000 payment available if you qualify as way to get FINAL $1,800 boost revealed
THERE’S an $8,000 child tax credit you may be eligible to receive when filing your 2021 tax return. The Child and Dependent Care Credit, which has existed since the 1970s, was expanded through the American Rescue Plan in 2021. As childcare costs continue to soar, and as parents are forced to return to the office post-Covid, this credit can provide a boost to parents in need. The expansion can provide up to $8,000, and allows families to claim a credit worth 50 percent of child care expenses, meaning up to $16,000 for two or more children. This means families who… Read Full Article
By the-sun
0