{"id":1281,"date":"2018-12-15T14:26:13","date_gmt":"2018-12-15T19:26:13","guid":{"rendered":"https:\/\/www.etax.com\/blog\/?p=1281"},"modified":"2019-07-15T14:44:23","modified_gmt":"2019-07-15T18:44:23","slug":"five-credits-not-to-be-overlooked","status":"publish","type":"post","link":"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/","title":{"rendered":"Five Credits Not To Be Overlooked"},"content":{"rendered":"<p class=\"p2\">Not much can make you happy when it&#8217;s time to pay taxes. During the tax season, the tax credit can be your friend and ally, so it is important to know for which credits you can qualify. Tax credits reduce the amount of tax that you pay and some of them are even reimbursable. You can still get a refund if you qualify for a refundable credit even if you do not have to pay any taxes. The following five tax credits can make taxation time a bit more friendly.<\/p>\n<p class=\"p2\">For those who work but don&#8217;t make a lot of money, <a href=\"https:\/\/www.etax.com\/help\/doc\/what-is-eic.htm\"><strong>Earned Income Tax Credit<\/strong><\/a> is available.<span class=\"Apple-converted-space\">\u00a0 \u00a0 <\/span>You can earn up to $6,431 credit and can be reimbursed. Eligibility is based on total income, status of filing and number of employees. Under certain circumstances, individual employees with zero employees are eligible for credit.<\/p>\n<p class=\"p2\"><a href=\"https:\/\/www.etax.com\/help\/doc\/what-is-child-care-credit.htm\"><strong>Child and Dependent Care Credit<\/strong><\/a> is available to those who use daycare or daycare services to provide children under 13 years of age with child care. This tax credit is not only for children and can be claimed for expenses for a disabled spouse or other dependent adult.<\/p>\n<p class=\"p2\"><a href=\"https:\/\/www.etax.com\/help\/doc\/child-tax-credit.htm\"><strong>Child Tax Credit<\/strong><\/a> reduces your tax liability by $ 2,000 for each child under the age of 17, which you claim to be a household dependent. There are additional requirements for eligibility, although this credit can help to compensate for the costs of raising children.<\/p>\n<p class=\"p2\"><strong>The <a href=\"https:\/\/www.etax.com\/blog\/2024\/01\/10\/potentially-qualifying-for-a-special-savers-tax-credit\/\">saver&#8217;s credit<\/a><\/strong> is available to people planning to retire. If you contribute through your employer to a pension plan or <a href=\"https:\/\/www.etax.com\/blog\/2025\/08\/19\/big-changes-coming-for-inherited-iras-in-2025\/\">IRA<\/a> and your income is less than $ 60,000 per year, you can qualify.<\/p>\n<p class=\"p2\"><a href=\"https:\/\/www.etax.com\/blog\/2017\/04\/06\/american-opportunity-tax-credit\/\"><strong>American Opportunity Tax Credit<\/strong><\/a> can help to make the four &#8211; year college after high school a bit cheaper. Each eligible student may receive up to $ 2,500 if he or she is enrolled for a full academic period of at least half time. This credit requires that you complete Form 8863, Education Credits, to be included in your tax return, even if you do not owe anything.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Not much can make you happy when it&#8217;s time to pay taxes. During the tax season, the tax credit can be your friend and ally, so it is important to know for which credits you can qualify. Tax credits reduce the amount of tax that you pay and some of them are even reimbursable. You [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1439,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[124],"tags":[406,512,43,58,594],"class_list":["post-1281","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-credits-2","tag-american-opportunity-tax-credit","tag-child-and-dependent-care-credit","tag-child-tax-credit","tag-earned-income-tax-credit","tag-refundable-credit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Five Credits Not To Be Overlooked - eTax.com\u00ae Blog<\/title>\n<meta name=\"description\" content=\"During the tax season, the tax credit can be your friend and ally, so it is important to know for which credits you can qualify.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Five Credits Not To Be Overlooked - eTax.com\u00ae Blog\" \/>\n<meta property=\"og:description\" content=\"During the tax season, the tax credit can be your friend and ally, so it is important to know for which credits you can qualify.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/\" \/>\n<meta property=\"og:site_name\" content=\"eTax.com\u00ae Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/eTaxcom-135749976483724\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-15T19:26:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-15T18:44:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.etax.com\/blog\/wp-content\/uploads\/2018\/12\/abstract-background-decorative-2249532-e1562613284929.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"393\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/2018\\\/12\\\/15\\\/five-credits-not-to-be-overlooked\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/2018\\\/12\\\/15\\\/five-credits-not-to-be-overlooked\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/#\\\/schema\\\/person\\\/ddb9378caffbf2f32f89a84d213b3ef4\"},\"headline\":\"Five Credits Not To Be Overlooked\",\"datePublished\":\"2018-12-15T19:26:13+00:00\",\"dateModified\":\"2019-07-15T18:44:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/2018\\\/12\\\/15\\\/five-credits-not-to-be-overlooked\\\/\"},\"wordCount\":338,\"publisher\":{\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/2018\\\/12\\\/15\\\/five-credits-not-to-be-overlooked\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/abstract-background-decorative-2249532-e1562613284929.jpg\",\"keywords\":[\"American Opportunity Tax Credit\",\"Child and Dependent Care Credit\",\"Child Tax Credit\",\"Earned Income Tax Credit\",\"refundable credit\"],\"articleSection\":[\"Credits\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/2018\\\/12\\\/15\\\/five-credits-not-to-be-overlooked\\\/\",\"url\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/2018\\\/12\\\/15\\\/five-credits-not-to-be-overlooked\\\/\",\"name\":\"Five Credits Not To Be Overlooked - eTax.com\u00ae Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/2018\\\/12\\\/15\\\/five-credits-not-to-be-overlooked\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/2018\\\/12\\\/15\\\/five-credits-not-to-be-overlooked\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/abstract-background-decorative-2249532-e1562613284929.jpg\",\"datePublished\":\"2018-12-15T19:26:13+00:00\",\"dateModified\":\"2019-07-15T18:44:23+00:00\",\"description\":\"During the tax season, the tax credit can be your friend and ally, so it is important to know for which credits you can qualify.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/2018\\\/12\\\/15\\\/five-credits-not-to-be-overlooked\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.etax.com\\\/blog\\\/2018\\\/12\\\/15\\\/five-credits-not-to-be-overlooked\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/2018\\\/12\\\/15\\\/five-credits-not-to-be-overlooked\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/abstract-background-decorative-2249532-e1562613284929.jpg\",\"contentUrl\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/abstract-background-decorative-2249532-e1562613284929.jpg\",\"width\":600,\"height\":393,\"caption\":\"5 Credits not to Overlook\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/2018\\\/12\\\/15\\\/five-credits-not-to-be-overlooked\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Five Credits Not To Be Overlooked\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/\",\"name\":\"eTax.com\u00ae Blog\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/#organization\",\"name\":\"eTax.com\",\"url\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/44729_463802350345150_698036533_n.png\",\"contentUrl\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/44729_463802350345150_698036533_n.png\",\"width\":225,\"height\":225,\"caption\":\"eTax.com\"},\"image\":{\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/eTaxcom-135749976483724\\\/\",\"https:\\\/\\\/x.com\\\/AskETAX\",\"https:\\\/\\\/www.youtube.com\\\/user\\\/855ASKETAX\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/#\\\/schema\\\/person\\\/ddb9378caffbf2f32f89a84d213b3ef4\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/11f5dc3cde415e2a21a1f661e9da122266d26fe459fff87652a83908cc05aae5?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/11f5dc3cde415e2a21a1f661e9da122266d26fe459fff87652a83908cc05aae5?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/11f5dc3cde415e2a21a1f661e9da122266d26fe459fff87652a83908cc05aae5?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\\\/\\\/www.etax.com\\\/blog\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Five Credits Not To Be Overlooked - eTax.com\u00ae Blog","description":"During the tax season, the tax credit can be your friend and ally, so it is important to know for which credits you can qualify.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/","og_locale":"en_US","og_type":"article","og_title":"Five Credits Not To Be Overlooked - eTax.com\u00ae Blog","og_description":"During the tax season, the tax credit can be your friend and ally, so it is important to know for which credits you can qualify.","og_url":"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/","og_site_name":"eTax.com\u00ae Blog","article_publisher":"https:\/\/www.facebook.com\/eTaxcom-135749976483724\/","article_published_time":"2018-12-15T19:26:13+00:00","article_modified_time":"2019-07-15T18:44:23+00:00","og_image":[{"width":600,"height":393,"url":"https:\/\/www.etax.com\/blog\/wp-content\/uploads\/2018\/12\/abstract-background-decorative-2249532-e1562613284929.jpg","type":"image\/jpeg"}],"author":"admin","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/#article","isPartOf":{"@id":"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/"},"author":{"name":"admin","@id":"https:\/\/www.etax.com\/blog\/#\/schema\/person\/ddb9378caffbf2f32f89a84d213b3ef4"},"headline":"Five Credits Not To Be Overlooked","datePublished":"2018-12-15T19:26:13+00:00","dateModified":"2019-07-15T18:44:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/"},"wordCount":338,"publisher":{"@id":"https:\/\/www.etax.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/#primaryimage"},"thumbnailUrl":"https:\/\/www.etax.com\/blog\/wp-content\/uploads\/2018\/12\/abstract-background-decorative-2249532-e1562613284929.jpg","keywords":["American Opportunity Tax Credit","Child and Dependent Care Credit","Child Tax Credit","Earned Income Tax Credit","refundable credit"],"articleSection":["Credits"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/","url":"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/","name":"Five Credits Not To Be Overlooked - eTax.com\u00ae Blog","isPartOf":{"@id":"https:\/\/www.etax.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/#primaryimage"},"image":{"@id":"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/#primaryimage"},"thumbnailUrl":"https:\/\/www.etax.com\/blog\/wp-content\/uploads\/2018\/12\/abstract-background-decorative-2249532-e1562613284929.jpg","datePublished":"2018-12-15T19:26:13+00:00","dateModified":"2019-07-15T18:44:23+00:00","description":"During the tax season, the tax credit can be your friend and ally, so it is important to know for which credits you can qualify.","breadcrumb":{"@id":"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/#primaryimage","url":"https:\/\/www.etax.com\/blog\/wp-content\/uploads\/2018\/12\/abstract-background-decorative-2249532-e1562613284929.jpg","contentUrl":"https:\/\/www.etax.com\/blog\/wp-content\/uploads\/2018\/12\/abstract-background-decorative-2249532-e1562613284929.jpg","width":600,"height":393,"caption":"5 Credits not to Overlook"},{"@type":"BreadcrumbList","@id":"https:\/\/www.etax.com\/blog\/2018\/12\/15\/five-credits-not-to-be-overlooked\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.etax.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Five Credits Not To Be Overlooked"}]},{"@type":"WebSite","@id":"https:\/\/www.etax.com\/blog\/#website","url":"https:\/\/www.etax.com\/blog\/","name":"eTax.com\u00ae Blog","description":"","publisher":{"@id":"https:\/\/www.etax.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.etax.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.etax.com\/blog\/#organization","name":"eTax.com","url":"https:\/\/www.etax.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.etax.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.etax.com\/blog\/wp-content\/uploads\/2020\/08\/44729_463802350345150_698036533_n.png","contentUrl":"https:\/\/www.etax.com\/blog\/wp-content\/uploads\/2020\/08\/44729_463802350345150_698036533_n.png","width":225,"height":225,"caption":"eTax.com"},"image":{"@id":"https:\/\/www.etax.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/eTaxcom-135749976483724\/","https:\/\/x.com\/AskETAX","https:\/\/www.youtube.com\/user\/855ASKETAX"]},{"@type":"Person","@id":"https:\/\/www.etax.com\/blog\/#\/schema\/person\/ddb9378caffbf2f32f89a84d213b3ef4","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/11f5dc3cde415e2a21a1f661e9da122266d26fe459fff87652a83908cc05aae5?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/11f5dc3cde415e2a21a1f661e9da122266d26fe459fff87652a83908cc05aae5?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/11f5dc3cde415e2a21a1f661e9da122266d26fe459fff87652a83908cc05aae5?s=96&d=mm&r=g","caption":"admin"},"url":"https:\/\/www.etax.com\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.etax.com\/blog\/wp-json\/wp\/v2\/posts\/1281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etax.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etax.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etax.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etax.com\/blog\/wp-json\/wp\/v2\/comments?post=1281"}],"version-history":[{"count":3,"href":"https:\/\/www.etax.com\/blog\/wp-json\/wp\/v2\/posts\/1281\/revisions"}],"predecessor-version":[{"id":1590,"href":"https:\/\/www.etax.com\/blog\/wp-json\/wp\/v2\/posts\/1281\/revisions\/1590"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etax.com\/blog\/wp-json\/wp\/v2\/media\/1439"}],"wp:attachment":[{"href":"https:\/\/www.etax.com\/blog\/wp-json\/wp\/v2\/media?parent=1281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etax.com\/blog\/wp-json\/wp\/v2\/categories?post=1281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etax.com\/blog\/wp-json\/wp\/v2\/tags?post=1281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}