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New Law Expands Child and Dependent Tax Credits

New Law Expands Child and Dependent Tax Credits

Some Wisconsin taxpayers who pay for childcare will get more tax relief.

Governor Tony Evers signed the bill into law today. The new law will expand child and dependent federal tax credits from fifty to 100-percent. More than 110-thousand Wisconsinites will benefit, with an average 656-dollar credit per filer. That’s almost 73-million dollars total statewide.

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