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New Child Tax Credit of $1,750 per child available in Minnesota

For the 2023 tax filing year, a new Child Tax Credit will be available for Minnesotans, up to $1,750 per child, with no limit on the number of children claimed. ....

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Is Daycare Tax Deductible? What You Need to Know

Tax season is officially here ( cue collective groan ). And if you are a cash-strapped parent who wants to maximize your refund check — or at least minimize the amount you owe — then you might be wondering if your daycare costs are tax deductible. After all, the average American spends about $321 a week on … ....

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