Credits that unlock
Immediately:
- Child Tax Credit ($2,000 per qualifying child under 17)
- Dependent Care Credit (childcare expenses)
- EITC boost (higher limits with a qualifying child)
- Saver's Credit threshold increase
SSN requirement
Your child needs a valid SSN by the filing deadline to be claimed. Apply at the hospital or via Social Security office.
Common questions
- What if the baby was born in December?
- Still qualifies for full credits for the year. Under-age-17 test is at year-end.
Related
Personal Income Tax Preparation
Federal and state 1040 preparation with year-round planning. We handle W-2, 1099, K-1, rental, and crypto income for individuals in Florida and all 50 states.
Child Tax Credit
Up to $2,000 per qualifying child under 17, with $1,700 refundable through the Additional Child Tax Credit. Phase-outs begin at $200K single / $400K MFJ.
Child & Dependent Care Credit
The Child and Dependent Care Credit covers up to 35% of qualifying care expenses for children under 13 or disabled dependents. How it stacks with an FSA.
