Tax Year 2009
* Earned Income Tax Credit (EITC) - If you're trying to make ends meet on about $43,279 ($48,279 MFJ) or less, you may be eligible. The EITC helps low-and moderate-income workers and working families.
* Child Tax Credit - If you have a dependent under 17, you probably qualify. This credit is in addition to the regular exemption you can claim for each dependent.
* Credit for Child and Dependent Care Expenses - If you pay someone to care for your child so you can work or look for work, you probably qualify. Care for a spouse or dependent who cannot care for himself or herself also qualifies.
* Education Credits - The Hope credit and the Lifetime learning credit help parents and students pay for post-secondary education.
* Saver's Credit - This credit helps low-and moderate-income workers save for retirement. Put money in an IRA or 401(k) and you may be able to get this credit.
* Adoption Credit - The maximum adoption credit has increased to $12,150. This increase also applies to the exclusion from income for benefits under your employer's adoption assistance program. These amounts are phased out if your modified AGI is between $182,180 and $222,180. You cannot claim the credit or exclusion if your modified AGI is $222,180 or more.