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Having children is exciting, but filing taxes after having a child isn’t always easy. Many people assume that they can simply claim their child on their taxes and get all deductions available to them. That isn’t how it works. With nearly 27% of the population in El Paso, TX being under 18, tax relief specialists in the area have experience finding all of the deductions and credits available to parents.

Claim Your Child Tax Credit

When you have a kid, you can file for a child tax credit. The credit is based on each child that you have. The tax relief professional will make it easy to claim each of your children properly. You need to provide your children’s date of birth and social security number. The El Paso, Texas specialist will also be able to let you know what factors you have to meet to qualify for the credit. The children have to live with you a certain amount of time, for example.

Determine if Any Deductions Are Available

Believe it or not, there are deductions that many parents overlook because they don’t know that they are available. You may be able to qualify for higher education tax credit or child and dependent care credit. The tax professional can ensure you don’t miss out on any available deductions, or receive a refund if you missed any in the past.

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