Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
The deadline for filing your taxes is quickly approaching.
And there may be deductions you could claim that could save you thousands of dollars, if you know about them.
Brand new this year, the government is offering a tax credit to reimburse you for money you spend on child care for kids under 13.
Another is the earned income credit for those who have children, and make under 35-thousand dollars a year.
This credit can give you thousands of dollars back on your return.
Wayne Peterson / Internal Revenue Service - "IT'S HELPFUL FOR THE LOWER INCOME INDIVIDUALS AND THEY MAY NOT ALWAYS HAVE THE TAX LAW KNOWLEDGE THAT OTHERS HAVE AND THEY MAY NOT BE AWARE THAT THAT'S AVAILABLE FOR THEM."
If you're a student, you can claim school expenses on your taxes.