Comprehensive Tax Credit FAQs | ClaimCredits

Frequently Asked Questions

Welcome to the ClaimCredits FAQ section. Here you’ll find detailed answers about our US Tax Calculators, how to check tax credit eligibility, and estimate your IRS tax refund. ClaimCredits is designed to help individuals quickly understand potential rebates with our free, easy-to-use tools.

General & Platform Questions

What is ClaimCredits?

ClaimCredits is an online platform that provides a simple and reliable US Tax Rebate Calculator to help individuals estimate their rebate eligibility without hassle.

Is the Tax Rebate Calculator free?

Yes, our calculator is completely free to use. We do not charge any fees for using the tool.

Do you provide official tax filing services?

No, ClaimCredits does not file taxes on your behalf. We provide an estimation tool for educational and informational purposes only. For filing, consult the IRS or a qualified tax professional.

How accurate are the results?

The calculator is based on publicly available IRS guidelines and formulas. While results are reliable estimates, actual rebates depend on official IRS assessments.

Do you store my personal information?

No. We respect your privacy and do not collect or store personal data entered in the calculator. All inputs remain private to your device.

Is ClaimCredits affiliated with the IRS?

No, ClaimCredits is an independent platform and is not affiliated with the IRS or any government entity.

Who is behind ClaimCredits?

ClaimCredits is authored and managed by Anwar Hashmi, an experienced journalist and the Chief Editor at Aavaz.in.

Explore Specific Tax Credit FAQs

Dependent Care & Childcare

What is the difference between the Dependent Care Credit and an FSA?

A Dependent Care FSA is a pre-tax account through an employer that reduces your taxable income. The Child and Dependent Care Credit (CDCC) is a tax credit claimed on your tax return that reduces your final tax bill. For a full breakdown, see our FSA vs. Dependent Care Credit guide.

Can I claim the Dependent Care Credit if I filed a tax extension?

Yes. It is one of the most commonly overlooked credits for extension filers. To learn how to claim it correctly, read our Last-Minute Guide for Tax Extension Filers.

Who claims the Dependent Care Credit after a divorce?

Generally, only the custodial parent—the parent with whom the child lives for more than half the year—is eligible to claim the credit. Learn more in our guide for co-parents.

Adoption Tax Credit

How much is the Adoption Tax Credit?

For the 2025 tax year, the maximum Adoption Tax Credit is $17,280 per eligible child. It is non-refundable, but unused amounts can be carried forward for five years. Estimate your credit with our Adoption Tax Credit Calculator.

What is a ‘qualified adoption expense’?

Qualified adoption expenses are reasonable and necessary costs directly related to a legal adoption, such as adoption fees, court costs, and attorney fees.

Is the Adoption Tax Credit refundable?

It is generally non-refundable. However, new legislation has made a portion of the credit refundable for the 2025 tax year.

Child Tax Credit (CTC)

What are the income limits for the Child Tax Credit?

The Child Tax Credit begins to phase out for taxpayers with a MAGI over $400,000 for those married filing jointly and over $200,000 for other filers. See how your income affects your credit with the Child Tax Credit Calculator.

What makes a child a ‘qualifying child’ for the CTC?

A qualifying child for the Child Tax Credit must be under age 17 at the end of the tax year and meet several other dependency requirements.

What’s the difference between the CTC and the refundable ACTC?

The Child Tax Credit (CTC) is the total credit. The Additional Child Tax Credit (ACTC) is the refundable portion, meaning you can receive it back as a refund even if you owe no taxes.

General Tax Filing & Rebates

What is the difference between a tax credit and a tax deduction?

A tax deduction reduces your taxable income. A tax credit is a dollar-for-dollar reduction of your final tax bill, making it more valuable. Discover more in our guide to overlooked tax credits.

What’s the biggest mistake tax extension filers make?

The most common mistake is thinking an extension to file is also an extension to pay. Your tax payment is still due on April 15th. Learn how to avoid this in our guide to the 5 Costly Mistakes Tax Extension Filers Make.

Are home energy tax credits still available?

Yes, but many popular energy credits are set to expire earlier than expected. For a full breakdown, read our guide on expiring energy credits.

Explore Our Full Suite of Free Calculators

Child Tax Credit Calculator

Quickly estimate your total Child Tax Credit (CTC) and the refundable portion based on your income and family size.

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Adoption Tax Credit Calculator

Understand your potential tax savings by calculating the credit for your qualified adoption expenses.

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Dependent Care vs. FSA Optimizer

Compare the two biggest childcare benefits side-by-side to see which one saves your family more money.

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Rebate & Credit Calculator

Do a quick check to discover a wide range of federal tax credits and rebates you may have overlooked.

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Am I a Dependent? Calculator

Answer a few simple questions to determine your dependency status for tax filing purposes.

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