Here’s 1 Tax Credit You Can Claim Even if You’re Wealthy

The tax code is loaded with opportunities for filers to save money and shield income from the IRS. But many popular tax credits and deductions phase out at higher income levels.

Take the Earned Income Tax Credit, for example. This credit phases out for married couples with earnings of more than $21,370 to $55,952, depending on the number of qualifying children they have. Similarly, the American Opportunity Tax Credit phases out for single filers earning more than $90,000 and joint filers earning $180,000.

But thankfully, a few credits are still on the table for higher earners, one of which is the Child Tax Credit. If you have children, it pays to see if you're entitled to claim it -- even if your earnings are on the more generous side.

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Source Fool.com