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Thousands of Americans can claim newborns for child tax credit worth up to $2,000 – who is affected?

Thousands of Americans can claim newborns for child tax credit worth up to $2,000 – who is affected?

OVER the past couple of months, there have been some changes when it comes to claiming dependents and how much taxpayers will get. However, the most important thing to note is that you cannot claim an unborn child on your taxes as a write-off or for child tax credits. 1 In order to claim dependents, they must have a Social Security number Credit: Getty For a child to be claimed as a dependent, you must have their Social Security number when filing your tax return. Therefore, those with newborns are able to claim them as they will have received a… Read Full Article