Sam Edwards / Getty Images The foreign tax credit is a U.S. tax credit used to offset income tax paid abroad. U.S. citizens and resident aliens who pay income taxes imposed by a foreign country or ...

The Additional Child Tax Credit (ACTC) is the refundable portion of the Child Tax Credit, but only if you claim it. What Is the Additional Child Tax Credit? The Additional Child Tax Credit (ACTC ...

The earned income tax credit (EIC or EITC) is for low- and moderate-income workers. See qualifications and credit amounts for 2024 and 2025. Many, or all, of the products featured on this page are ...

Here is a list of our partners and here's how we make money. Not to be confused with the child tax credit, the child and dependent care tax credit is designed to help people who work or are ...

Although the above are tax deductions, you may also receive a tax credit for up to $3,200 for making qualified ...