How much is one kid worth on your taxes?
You can claim the child tax credit deduction and get a $1,000 tax credit per child on your tax return. The amount of deductions you can take are specific to you. You can calculate them for free at http://tinyurl.com/ybset52. ChaCha!
Answered by Amanda F. -
About Tax Credit
Tax credits are deducted from the various forms of tax, which must be filed through the federal government, state, or local municipality. Most people think of tax credits as a discount.
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