Credits can help reduce your taxes or increase your refund. Earned Income Tax Credit (EITC) The Earned Income Tax Credit (EITC) helps low- to moderate-income workers and families. Use the EITC Assistant to determine if you qualify Find qualifying child rules Find your maximum credit Know how to claim it Know when to expect your refund Child Tax Credit The Child Tax Credit helps families with qualifying children. Eligible Puerto Rico residents can claim it through April 15, 2025. In 2021, the IRS made advance payments. Read FAQ from April 27, 2022 and FAQ from July 14, 2022. Education credits Two education credits help you with higher-education costs: American Opportunity Tax Credit Lifetime Learning Credit Adoption Credit The Adoption Credit covers qualified expenses you paid to adopt an eligible child. Related Credits and deductions for individuals Business credits and deductions
