Eight Tax Benefits for Parents

Excerpt from: Oswego County Today (click for full article)

 

Your children may help you qualify for valuable tax benefits, such as certain credits and deductions. If you are a parent, here are eight benefits you shouldn’t miss when filing taxes this year.

1.      Dependents.

2.      Child Tax Credit.

3.      Child and Dependent Care Credit.

4.      Earned Income Tax Credit.

5.      Adoption Credit.

6.      Higher education credits.

7.      Student loan interest.

8.      Self-employed health insurance deduction.