Web7 minutes ago · Child Tax Credit. A partially refundable tax credit worth $2,000 for each qualifying dependent child, stepchild, or foster child under the age of 17 at the end of the … WebAug 25, 2024 · Assuming they have earned income (ie, their income isn’t all from investments and capital gains), they can each contribute up to $7,000 to an IRA for 2024 ($6,000 plus a $1,000 catch-up contribution, since they’re over age 50), and they can contribute up to$7,300 to an HSA, assuming they both have coverage under an HDHP.

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