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Child-Related Tax Changes

Adoption Benefits Increased
For 2009, the maximum adoption credit and maximum exclusion from income under your employer’s adoption assistance program have increased.

Child's Investment Income
The amount of taxable investment income a child can have without it being subject to tax at the parent's rate has increased for 2009.

Earned Income for Additional Child Tax Credit
The amount your earned income must exceed to claim the additional child tax credit has decreased for 2009.



Page Last Reviewed or Updated: November 26, 2009