Hidden Ways to Maximize Your Tax Refund and Find Lesser-Known Deductions and Credits

Group 1 - The IRS tax filing deadline is approaching on April 15, and many individuals, particularly younger adults, are unaware of this deadline [1][2] - TurboTax offers Full Service options to assist individuals in filing their taxes, helping to identify deductions and credits that may be overlooked [2] - The Earned Income Tax Credit can provide substantial benefits, with families having three children eligible for up to $7,830, yet one in five people miss this credit [3] Group 2 - Parents can claim valuable credits for children, including the Child Tax Credit up to$2,000 and the Child and Dependent Care Credit up to $2,100 for two or more children [3] - Educational credits are available, such as the American Opportunity Tax Credit up to$2,500 for the first four years of college and the Lifetime Learning Credit up to $2,000 for any college course [3] - The Standard Deduction has been adjusted for inflation, now set at$14,600 for single filers, $29,200 for married filing jointly, and$21,900 for head of household [3]