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Generally, if your total income for the year does not exceed certain thresholds, then you do not need to file a federal tax return. The amount of income that you can earn before you are required to file a tax return also depends on the type of income, your age, and your filing status.
It is April 15, 2021, however as a result of the winter storm, Texans have until June 15, 2021 to file various individual and business tax returns and make tax payments.
There is no cap on the total credit amount that a filer with multiple children can claim. The credit is fully refundable low-income families qualify for the maximum credit regardless of how much they earned.
If you are caring for your mother or father, you may be able to claim your parents as a dependent on your income taxes. Your parents must not file a joint return and have no tax liability of their own.
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