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Georgia Adoption of a Foster Child Credit

Georgia provides an income tax credit for the adoption of a qualified foster child. The amount of the credit is $2000.00 per qualified foster child per taxable year, commencing with the year in which the adoption becomes final, and ending...

Minnesota Long Term Care Insurance Credit (M1LTI)

You may be able to claim a credit against tax based on any premiums you paid in 2013 for a qualified long-term care insurance policy for which you did not receive a federal tax benefit. To qualify, your long-term care insurance policy must...

NY Long Term Care Insurance Credit – IT-249

If you paid premiums for qualified long-term care insurance, you may claim a credit against your personal income tax equal to 20% of the premiums paid during the tax year for the purchase of or for continuing coverage under a qualifying...

Are My Child's Summer Camp Expenses Tax Deductible?

who work or are looking for work must arrange for care of their children under 13 years of age during the school vacation. Here are five facts the IRS wants you to know about a tax credit available for child care expenses. The Child...

How do I claim the Additional Child Tax Credit?

This credit is automatically calculated by the TaxSlayer software based on the information entered in your return. To see the result of your Additional Child Tax Credit, please select "Summary" from the navigation bar followed by "Show

Pennsylvania Schedule SP- Tax Forgiveness Credit

supplemental unemployment, or strike benefits. • Payments received as a foster parent for providing in-home care for foster children. For additional information pertaining to PA Schedule SP (Tax Forgiveness Credit), please click here...

Can I deduct child support?

No, child support payments are not a deductible expense for the payer nor considered taxable income to the payee ( spouse that receives the child support payments ).

Idaho Grocery Credit

If you are a resident of Idaho, you may claim a credit for each personal exemption for which a deduction is permitted and claimed on your Idaho income tax return, provided the individual claimed as an exemption is a resident of Idaho...

How do I figure my EIC or Earned Income Credit?

taxpayers with children. O n 2014 returns, the maximum credit can be as much as $6,242 for workers supporting three or more children. A worker with one child can get up to $3,359 with the credit. And $496 is available to a childless eligible...

What are the qualifications for the adoption credit?

You may be able to take this credit in 2013 if any of the following statements are true: 1. You paid qualified adoption expenses in connection with the adoption of an eligible U.S. child in: a. 2012 and the adoption was not final...