Credits and deductions can lower the amount of tax you owe—or increase your refund. The information you’ll need depends on which credits or deductions apply to your situation, so you won’t need everything listed below.
You can start filing even if you don’t have every document yet. april will guide you based on your answers.
Education credits
You may qualify for education-related credits if you or your dependent paid for eligible education expenses.
Have this information ready:
Form 1098-T from the school
Amounts paid for qualified tuition and related expenses
Common education credits include:
American Opportunity Tax Credit (AOTC)
Lifetime Learning Credit (LLC)
Child and dependent-related credits
If you have dependents, you may qualify for credits that reduce your tax bill.
You may need:
Names, Social Security numbers, and birthdates for dependents
Details about who lived with you and who provided financial support
For childcare-related credits, also gather:
Childcare provider name, address, and Taxpayer Identification Number (TIN)
Amounts paid for care so you (and your spouse, if filing jointly) could work or look for work
Child Tax Credit and Credit for Other Dependents
You may qualify for:
The Child Tax Credit if you have qualifying children, or
The Credit for Other Dependents if your dependent doesn’t meet the child criteria
Accurate dependent information is key for both credits.
Earned Income Credit (EIC)
The Earned Income Credit is based on:
Your adjusted gross income (AGI)
Your filing status
The number of qualifying dependents, if any
You don’t need a separate form, but accurate income and dependent details matter.
Common deductions
If you plan to claim deductions, make sure you have supporting documents, such as:
Student loan interest
Form 1098-E if you paid $600 or more in interest
Educator expenses
Records of eligible unreimbursed classroom expenses (up to $300, if eligible)
Retirement contributions
Records of contributions to a Traditional IRA, SEP, or SIMPLE plan
These may affect deductions or credits, depending on your situation
What if I’m not sure I qualify?
If you’re unsure whether you qualify for a credit or deduction:
You can still start your return
april will ask targeted questions to determine eligibility
You won’t be able to claim a credit unless you meet the requirements
Key takeaway
You only need information for credits and deductions that apply to you. Having accurate records helps ensure you don’t miss out on benefits—or claim something you’re not eligible for.
april will guide you through what applies as you file.
This content is provided for informational purposes only and should not be construed as tax, legal, financial, accounting, or other advice. Rules and regulations vary by location and are subject to change, so please consult with an expert if you need advice specific to you.
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