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Parents to Child with Reservation of  Form

Parents to Child with Reservation of Form

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Instructions and help about Parents To Child With Reservation Of

[Music] tax season recent tax law changes allow more people to claim a child on their tax returns we asked two tax professionals what you should know if you're a parent or a guardian filing taxes if you have children you will get access to a number of different benefits related to children so the child tax benefit a lot of your expenses related to child care can be deducted and so there's components around that that you want to think of and make sure you're taking advantage of so you're minimizing the amount you're paying for taxes and maximizing the benefit to your household the child tax credit is available across the board it's for two thousand dollars per child so if you have multiple children it really can be a very valuable credit the way you qualify is that the child would have to be either your son daughter your brothers sister or their descendants the child would needs to be 16 years or younger the child would also have to live w

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