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Tax Savings In 2015 If You Have Children

Parents are in line for tax savings this year depending on how much you earn and how many children you have.

A two income household earning $30,000 with two children is in line for a tax break of $628. This increases to almost $2500 for a two parent, two children single income household with annual earnings of $150,000.

Caroline Battista of H&R Block says you should save all your receipts to take advantage of any tax breaks on offer.

Battista says you can also claim for travel medical insurance as a medical expense.

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May 19, 2026
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