Skip to content
Tax Tips 1:00 Audio disclaimer

From the archive: tax rules, deadlines, and show schedules reflect the original recording and may have changed.

Dr. Friday Tax Tips - One Minute Moment

The 2020 Child Tax Credit

0:00 01:00

Dr. Friday 0:00
Good day. I’m Dr. Friday, president of Dr. Friday Tax and Financial Firm. To get more info go to www.drfriday.com. This is a one minute moment.

Dr. Friday 0:12
Some of our popular deductions and credits did change last year. Remember dependent exemptions? Gone. That was the $4,050 for each person that was a qualified child in your household. Instead, children under the age of 17 now qualify for a child tax credit, which is $2,000, not $1,000. Again, that went up. Many people are going to be able to use more of that because they are phasing out at higher income brackets. So make sure you’re looking at all your tax deductions. Don’t leave any money on the table if you need help. Call 615-367-0819 or go to my website, which is Drfriday.com.

Announcer 0:52
You can catch the Dr. Friday call-in show live every Saturday afternoon from 2 pm to 3 pm right here on 99.7 WTN.

Ask Dr. Friday

Have a tax question of your own?

Send it in. Questions may be answered on an upcoming episode or video, first name only.

Send Dr. Friday a message

Tell us a little about what you need and we will get back to you quickly.

Book Dr. Friday for your event

Share the date, audience, and topic you have in mind. We will respond as quickly as possible.

Please give us as many details as possible about your event, and any questions that you may have for Dr. Friday. We will respond as quickly as possible. Thank you!

Try “IRS letter”, “1099”, “home office”, or “bookkeeping”.