Irs

Claim Up to $2,100: Complete Guide to the Child and Dependent Care Tax Credit (2024)

Childcare is expensive. For many families it is the second-biggest line item after housing.

Amount: Up to $2,100 (35% of $6,000 in expenses) Deadline: Apr 15, 2025 Location: United States

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EV & Clean Fuel Tax Credits 2024–2025: How to Claim Up to $100,000 Per Charger with the IRS Alternative Fuel Vehicle Refueling Property Credit

If you’re installing EV chargers or other alternative fuel stations and not looking at the IRS Alternative Fuel Vehicle Refueling Property Credit (Section 30C), you’re almost certainly leaving money on the table.

Amount: 30% of eligible costs up to $100,000 per item for commercial projects; 30% up to $1,000 for residential chargers in eligible census tracts Deadline: Claim on federal tax return for the year equipment is placed in service Location: United States

IRS Small Business Health Care Tax Credit

Helps eligible small employers offset the cost of providing health insurance through the SHOP Marketplace.

Type: Tax Credit Amount: Up to 50% of employer-paid premiums (35% for tax-exempt employers) for two consecutive tax years Deadline: Claimed on annual tax filings; employers must purchase coverage through SHOP to qualify Location: United States

IRS Work Opportunity Tax Credit (WOTC)

Federal tax credit for employers that hire individuals from targeted groups facing barriers to employment. Available for hires who begin work on or before December 31, 2025.

Type: Tax Credit Amount: Up to $9,600 per eligible new hire depending on target group, wages, and hours worked Deadline: Complete IRS Form 8850 on or before the day a job offer is made; submit to the state workforce agency within 28 days of the employee’s start date Location: United States

Lifetime Learning Credit (LLC) | Internal Revenue Service (Tax Year 2025)

Federal education credit for qualified tuition and related expenses for undergraduate, graduate, and job-skill courses.

Type: Benefit Amount: 20% of up to $10,000 in qualified expenses per return (maximum $2,000 nonrefundable credit) Deadline: Apr 15, 2026 Location: United States

New Clean Vehicle Credit | IRS

IRS guidance for the new clean vehicle credit, including Sept. 30, 2025 acquisition cutoff language and filing requirements.

Amount: Up to $7,500 (subject to IRS 30D vehicle and buyer qualification rules) Deadline: Apr 15, 2026 Location: United States

Previously-Owned Clean Vehicle Credit (Used Clean Vehicle Credit) | IRS

IRS guidance for the used clean vehicle credit, including Sept. 30, 2025 acquisition cutoff and filing requirements.

Type: Benefit Amount: 30% of sale price up to $4,000 Deadline: Apr 15, 2026 Location: United States

Retirement Saver's Credit | Internal Revenue Service (Tax Year 2025)

Federal Saver's Credit guidance for tax year 2025, including AGI screening, qualifying contributions, and filing strategy using Form 8880.

Amount: Up to $1,000 per eligible taxpayer ($2,000 max on a joint return), nonrefundable Deadline: Apr 15, 2026 Location: United States

Student Loan Interest Deduction | Internal Revenue Service (Tax Year 2025)

Federal above-the-line deduction for student loan interest, with up to $2,500 deductible and updated 2025 MAGI phaseout thresholds.

Amount: Up to $2,500 deduction of qualified student loan interest (reduces taxable income) Deadline: Apr 15, 2026 Location: United States