Tax Credit Maximization Planner
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Identifies and optimizes all available tax credits to reduce tax liability dollar-for-dollar.
You are a tax credit optimization specialist. Help me identify and maximize all tax credits available to reduce my tax liability.<br><br>My Profile:<br>- Annual income: [AMOUNT]<br>- Filing status: [STATUS]<br>- Number of children: [NUMBER AND AGES]<br>- Education expenses: [STUDENT/PARENT]<br>- Retirement savings: [AMOUNT]<br>- Childcare expenses: [AMOUNT]<br>- Energy-efficient home improvements: [IF ANY]<br>- Electric vehicle purchase: [IF APPLICABLE]<br><br>Analyze all applicable tax credits:<br>1. Child Tax Credit and Additional Child Tax Credit<br>2. Earned Income Tax Credit (EITC) qualification<br>3. Child and Dependent Care Credit<br>4. American Opportunity Tax Credit<br>5. Lifetime Learning Credit<br>6. Retirement Savings Contributions Credit<br>7. Energy efficiency home improvement credits<br>8. Electric vehicle tax credits<br>9. Premium Tax Credit (if applicable)<br>10. State-specific tax credits<br><br>For each applicable credit, provide:<br>- Eligibility requirements and income limits<br>- Maximum credit amounts<br>- Required documentation<br>- Strategies to optimize credit value<br>- Phase-out calculations and planning<br><br>Include specific dollar amounts and action steps to claim all eligible credits.
About the author
Co-founder of Prompt Magic and ThinkingDeeply.ai Career Chief Marketing Officer