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

Federal Clean Vehicle Tax Credit 2024–25: How to Claim Up to $7,500 for a New EV or Fuel Cell Vehicle

If you bought (or plan to buy) a new plug-in electric vehicle (EV) or hydrogen fuel cell vehicle, you could be eligible for a federal tax credit worth up to $7,500.

Amount: Up to $7,500, split between battery capacity and critical mineral components Deadline: Apr 15, 2025 Location: United States

IRS Saver's Credit: Up to $1,000 Tax Credit for Retirement Contributions

Federal income tax credit that rewards low- and moderate-income taxpayers for contributing to retirement accounts. Credit worth 10%, 20%, or 50% of contributions up to $2,000 per taxpayer.

Amount: Nonrefundable tax credit worth 10%, 20%, or 50% of up to $2,000 in contributions per taxpayer Deadline: Apr 15, 2025 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 2025: Claim $2,000 for Tuition (Even if You're Not a Degree Student)

Federal income tax credit for qualified tuition and related expenses for undergraduate, graduate, and professional development courses.

Type: Benefit Amount: 20% of up to $10,000 in qualified expenses per return (maximum $2,000 credit) Deadline: Apr 15, 2025 Location: United States

Reduce Your Taxable Income: Student Loan Interest Deduction 2025 — Claim Up to $2,500

If you’re shouldering student loan payments, you already know the early years feel like throwing money into a deep well. Fortunately, the federal tax code quietly gives many borrowers a break: the student loan interest deduction.

Amount: Up to $2,500 tax deduction (reduces taxable income) Deadline: Apr 15, 2025 Location: United States

Used EV Tax Credit 2025: How to Claim Up to $4,000

A complete guide to claiming the Used Clean Vehicle Credit for qualified electric vehicles purchased before September 30, 2025.

Type: Benefit Amount: Up to $4,000 Deadline: Sep 30, 2025 Location: United States