For many single parents, applying for available federal tax credits and deductions can be a lifeline to support their families each year.
The first step begins by selecting the appropriate filing status, which can help you claim popular family tax breaks, like the Child Tax Credit (CTC), and potentially result in a larger tax refund. For qualifying families, a refund can help cover basic expenses related to your child or household finances. So planning accordingly and knowing which tax breaks are available for you is essential, especially this year.
