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  2. Child tax credit (United States) - Wikipedia

    en.wikipedia.org/wiki/Child_tax_credit_(United...

    The child tax credit under the Tax Cuts and Jobs Act of 2017. Top plateau would be higher for more children. Under the Tax Cuts and Jobs Act of 2017 (TCJA), for the years 2018–2025 (excluding 2021, see below section Temporary Expansion in 2021) the CTC allows taxpayers to reduce their federal tax liabilities by $2,000 per qualifying child (see Eligibility).

  3. Economic Growth and Tax Relief Reconciliation Act of 2001

    en.wikipedia.org/wiki/Economic_Growth_and_Tax...

    a new 10% bracket was created for single filers with taxable income up to $6,000, joint filers up to $12,000, and heads of households up to $10,000. the 15% bracket's lower threshold was indexed to the new 10% bracket; the 28% bracket would be lowered to 25% by 2006. the 31% bracket would be lowered to 28% by 2006

  4. CARES Act - Wikipedia

    en.wikipedia.org/wiki/CARES_Act

    The Coronavirus Aid, Relief, and Economic Security Act, [b] [1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.

  5. Investing 2023: Put $12,000 to the Best Possible Use - AOL

    www.aol.com/investing-2023-put-12-000-171346561.html

    Depending on how much you earn, $12,000 can be a lot to invest, especially in one chunk. But as there are 12 months in the year, an easier way to get all that money invested is to break it down ...

  6. IRS tax forms - Wikipedia

    en.wikipedia.org/wiki/IRS_tax_forms

    As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ – see below for explanations of each) used for such returns.

  7. Universal basic income - Wikipedia

    en.wikipedia.org/wiki/Universal_basic_income

    The study was conducted in March, with 12,000 respondents and in 27 EU-member states and the UK. [148] A YouGov poll likewise found a majority for universal basic income in United Kingdom [ 149 ] and a poll by University of Chicago found that 51% of Americans aged 18–36 support a monthly basic income of $1,000. [ 150 ]

  8. Tax bracket - Wikipedia

    en.wikipedia.org/wiki/Tax_bracket

    The Social Security tax in 2007 for John is 6.2% on the first $97,500 of earned income (wages), or a maximum of $6,045. There are no exclusions from earned income for Social Security so John pays the maximum of $6,045. His wife pays $12,000 x 6.2% = $744. Medicare is 1.45% on all earned income with no maximum.

  9. Social Security (United States) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_(United...

    The eligibility formula requires a certain number of credits (based on earnings) to have been earned overall, and a certain number within the ten years immediately preceding the disability, but with more-lenient provisions for younger workers who become disabled before having had a chance to compile a long earnings history.