by Turquoise Tax Systems | Jun 17, 2026 | Individual Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com Concise Takeaway Two higher‑education credits are available: the American Opportunity Credit (AOC) and the Lifetime Learning Credit (LLC). A taxpayer may claim one credit per student per year, based on...
by Turquoise Tax Systems | Jun 17, 2026 | Individual Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com Concise Takeaway The Child and Dependent Care Credit is a nonrefundable credit for work‑related care expenses paid for a qualifying person so the taxpayer (and spouse, if married) can work or look for...
by Turquoise Tax Systems | Jun 17, 2026 | Individual Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com Concise Takeaway The Earned Income Credit is a refundable credit for workers with low to moderate earned income. Eligibility depends on earned income, AGI, investment income limits, SSN requirements,...
by Turquoise Tax Systems | Jun 17, 2026 | Individual Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com Concise Takeaway The Child Tax Credit (CTC) is $2,200 per qualifying child in 2025, with up to $1,700 refundable as the Additional Child Tax Credit (ACTC). A $500 nonrefundable credit is available for...
by Turquoise Tax Systems | Jun 17, 2026 | Individual Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com Concise Takeaway When a child has more than $2,700 of unearned income in 2025, part of that income may be taxed at the parents’ tax rates. Parents may elect to report the child’s income on their own...
