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Understanding the Nonrefundable Adoption Credit: Eligibility and Special Needs
For 2024 the adoption credit is nonrefundable and maxes at $16,810 per eligible child; special-needs U.S. children qualify even without…
2024 Saver’s Credit (Nonrefundable): Eligibility, Rates, and Limits
For 2024, the nonrefundable Saver’s credit gives 50%, 20%, or 10% of qualifying retirement contributions (up to $2,000 per person),…
American Opportunity and Lifetime Learning Credits: Eligibility
Choose AOC for undergraduates (up to $2,500, partially refundable, half-time required) and LLC for flexible or job-skill courses (up to…
Nonrefundable Child and Dependent Care Credit: Eligibility and Limits
Taxpayers who paid work-related care for qualifying persons may claim a nonrefundable credit by filing Form 2441. Limits: $3,000 (one)…
EITC Rules for Qualifying Children: Age, Residency, Joint Return
For 2025, the IRS sets EITC maximums from $649 (no children) to $8,046 (three+ children). Eligibility requires valid SSNs, AGI…
Who Qualifies for the Earned Income Credit in 2024: Rules and Limits
This guide covers 2024 EIC eligibility: income limits by family size, an $11,600 investment income cap, SSN timing rules, residency…
Who Can Claim the 2024 EIC: Income, SSN, and Residency Rules
This guide explains EIC eligibility for 2024, including income and AGI limits, the $11,600 investment-income cap, SSN and residency rules,…
Credit for Other Dependents (ODC) 2025: Eligibility and Limits
The ODC is a $500 nonrefundable credit per qualifying dependent through 2025, available for dependents who don’t meet Child Tax…