Tax Credits and Deductions Latinos Often Forget

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February is the busiest month of tax season, yet thousands of Latino families are missing out on money simply because they don’t know which credits and deductions apply to them.

At Viera Services, this is one of the most common issues we see: leaving money on the table. Here are the benefits you should double-check in 2026:

Child Tax Credit (CTC)

If you have children under 17, you may qualify for up to $2,000 per child, depending on your income. Even taxpayers with little or no tax liability may receive part of it as a refundable credit. Make sure your dependents’ SSN or ITIN are valid.

Earned Income Tax Credit (EITC)

The EITC can be worth thousands of dollars for qualifying families. Many self-employed workers or those paid in cash don’t know they could qualify if they report correctly.

Education Credits (AOTC and LLC)

You may qualify for credits related to:

  • Tuition

  • Books

  • Materials Only need the 1098-T form from your accredited institution.

Child and Dependent Care Credit

Parents who pay for childcare while working or studying may claim up to 35% of eligible expenses.

Common deductions people forget:

  • Medical or dental expenses.

  • Student loan interest.

  • Charitable donations.

  • Self-employment expenses: supplies, mileage, equipment.

The role of the ITIN

Taxpayers with ITIN can also qualify for several credits, especially if their dependents have a valid SSN.

The key is accurate income reporting and updated documentation. Credits and deductions are not gifts: they are benefits granted by law. But you must file correctly to take advantage of them.

At Viera Services, we review every detail to ensure you receive the refund you deserve. Book your appointment today and maximize your refund!

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