Child Tax Credit

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What Tax Benefits Does Form 8332 Give?

By | December 13th, 2017|Categories: Potpourri of Tax Topics|Tags: , , , |

With a Form 8332, the non-custodial parent can claim the dependency exemption for the child and also claim the child tax credit.

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Can You Get a Refund if You Pay Nothing In?

By | November 11th, 2016|Categories: Potpourri of Tax Topics, Small Business Tax and Accounting|Tags: , , |

Answer: this discussion goes beyond sole proprietors, and the short answer is "maybe."

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Glossary: Additional Child Tax Credit

By | April 25th, 2016|Categories: Glossary, Potpourri of Tax Topics|Tags: , , , , , |

The ""Additional Child Tax Credit" is the portion of the child tax credit that is fully refundable regardless of a taxpayer's taxable income.