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Home 2018 March 12 17 Clever Tips to Take Advantage of the New Tax Plan

17 Clever Tips to Take Advantage of the New Tax Plan

HAVE MORE CHILDREN (AND BE WEALTHY)

The GOP tax plan does something to help parents by doubling the child tax credit to $2,000 for a child under 17. The deficit-inflating law also makes many more wealthy people eligible for the dollar-for-dollar credit to their federal returns, giving it to individuals with income up to $200,000 (up from $75,000), and married couples up to $400,000 (up from $110,000).

Mar 12, 2018cleverfinance
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