网页2024年5月29日 · The child tax credit, or CTC, is a tax break for families with children below the age of 17. To qualify, you have to meet certain income requirements. The 2023 child tax credit (taxes filed in ...
网页2024年8月29日 · Tax breaks are typically created by tax laws passed by the U.S. Congress and approved by the president. Deductions, including the Standard Deduction, reduce your taxable income and lower your tax bill. Income exclusion tax breaks enable you to exclude certain types of income from your tax return so you don’t pay taxes on that income.