First, there’s the Earned Income Tax Credit. If you work and are eligible for the credit, you can claim this valuable benefit for up to three qualifying children based on your filing status and your earned income.
There’s also the Child Tax Credit. For the year 2021, some older children may qualify for the Child Tax Credit. You may be eligible for this benefit even if you have no income.
Finally, you may be able to claim the Child and Dependent Care Credit if you pay for childcare while you work, including some preschools and day camps.
Depending on your circumstances, you may be able to claim more than one of these credits, or even all three.