Commonly overlooked tax deductions, credits

Child Tax Credit

You can claim $1,000 per qualifying child. The 2009 credit phases out at certain income levels, starting at $110,000 for married couples filing jointly. Additional credit may be available if your tax liability is reduced to zero and you earned less than $3,000.

Also: 18 tax changes to know about

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Child Tax Credit You can claim $1,000 per qualifying child. The 2009 credit phases out at certain income levels, starting at $110,000 for married couples filing jointly. Additional credit may be available if your tax liability is reduced to zero and you earned less than $3,000. Also: 18 tax changes to know about

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