Free 2018 Tax Planning2019-01-05T15:05:52+00:00

Free 2018 Tax Planning

Child tax credit

Child tax credit has been increased to $2,000 for each qualifying kid. This credit is reserved for those who are below 17 years. The 2017 amount was $1,000.

A non refundable credit of $500 is available for dependents who will not get the $2,000 credit. This is new in 2018