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One-minute answer

Standard Deduction Rules for Dependents

Deductions & credits

Claiming a dependent—or being one—can change the standard deduction amount. Dr. Friday explains the 2025 limits.

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One-minute answer

New Child Savings Account with Federal Match

Family & education

Dr. Friday explains a new tax-advantaged savings program that helps parents build retirement savings for children born between 2024 and 2029.

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One-minute answer

529 Plan Expansion: Use Up to $20K for K–12

Family & education

Big changes for education savings! Dr. Friday explains how families can now use more 529 funds tax-free for K–12 education starting in 2026.

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One-minute answer

Adoption Credit Expanded and Refundable

Deadlines & filing

Adopting a child? Dr. Friday shares good news about the updated adoption credit—now refundable and easier to claim starting in 2025.

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One-minute answer

Life Changes That Affect Your Taxes

Family & education

Marriage, divorce, a new baby, or a new house? Dr. Friday explains how major life events can change your tax return and why planning matters.

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One-minute answer

Child Tax Credit Increased for 2025

Deductions & credits

Dr. Friday explains the updated child tax credit for 2025, including how much you can claim, who qualifies, and what’s refundable.

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