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

Credits for new clean vehicles purchased in 2023 or after | Internal Revenue Service

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

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

LLC | Internal Revenue Service

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

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

Retirement Savings Contributions Credit (Saver’s Credit) | Internal Revenue Service

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

Topic no. 456, Student loan interest deduction | Internal Revenue Service

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

Used Clean Vehicle Credit | Internal Revenue Service

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

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