Child-Related Tax Tips and Benefits
Having a child is a significant milestone, and during tax season, Jackson Hewitt Tax Service® is reminding parents that there are many valuable tax benefits available to taxpayers with children.
“Parents know that having children can be expensive, but come tax time they can also be money savers,” said Mark Steber, chief tax officer, Jackson Hewitt Tax Services Inc. “For many hard-working American families, child-related tax credits can bring back significant, and much needed, refund dollars. The first step is to make sure your children meet the qualifying criteria, which include age, relationship, support, dependent status, citizenship and residence. A qualified tax preparer with current knowledge of tax laws can work with you to determine eligibility.”