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Per Taxpayer
Refers to allowances, deductions, or credits applied on an individual basis for each taxpayer.
Child Tax Credit
A tax credit offered to eligible taxpayers for each qualifying dependent child, intended to help offset the cost of raising children.
American Opportunity Tax Credit
A credit for qualified education expenses paid for an eligible student for the first four years of higher education, aimed at making college more affordable.
Lifetime Learning Credit
A tax credit available to U.S. taxpayers to offset the costs of post-secondary education for themselves, their spouse, or dependents.
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