{"id":1826,"date":"2019-06-10T14:49:37","date_gmt":"2019-06-10T21:49:37","guid":{"rendered":"https:\/\/blog-turbotax-intuit-com-develop.go-vip.co\/es\/?p=1826"},"modified":"2019-06-10T14:49:37","modified_gmt":"2019-06-10T21:49:37","slug":"extension-filers-dont-forget-your-little-bundle-can-save-you-a-bundle","status":"publish","type":"post","link":"https:\/\/blog-turbotax-intuit-com-develop.go-vip.co\/es\/uncategorized\/extension-filers-dont-forget-your-little-bundle-can-save-you-a-bundle-1826\/","title":{"rendered":"Extension Filers Don’t Forget Your Little Bundle Can Save You a Bundle"},"content":{"rendered":"

As the extension deadline for filing taxes is coming up, don’t feel like you have to rush through your paperwork. On the contrary, there are many reasons you want to review everything to help you with taxes.<\/p>\n

If you are a parent, having a little one (or not so little one), can give you some big tax benefits. You may\u00a0already\u00a0know that for 2011 you can deduct $3,700 for each dependent as an exemption on your tax return.<\/p>\n

However there are a couple more tax credits<\/a> that all parents should review to save more on your taxes.<\/p>\n

\"Dependents\"<\/a>
Dependents<\/figcaption><\/figure>\n

Child Tax Credit – $1,000<\/h2>\n

The Child Tax Credit can be a significant help with reducing your federal taxes. Depending on your income you can claim up to\u00a0$1,000 per qualifying child.<\/p>\n

What defines a qualifying child? There are a few criteria that have to be met:<\/p>\n