Raising children can be expensive, as every parent reading this already knows. Thankfully, some pretty valuable tax breaks are designed to help ease the financial burden on parents in the U.S., and none is more widely available than the child tax credit.
In this article, we'll discuss what the child tax credit is, who can claim it, and an alternative for taxpayers with dependents who don't quite meet the IRS definition of a "child."
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Source Fool.com