Who Can I Claim As a Dependent?
The age-old question, “Who can I claim as my dependent?”, has remained a confusing topic… Full story
The age-old question, “Who can I claim as my dependent?”, has remained a confusing topic… Full story
The Internal Revenue Service (IRS) allows you to claim your elderly parent as a dependent on a tax return as long as no one else does. If you choose to claim an exemption for your parent, you must also ensure that you are not an eligible dependent to another taxpayer. This restriction is effective even if the taxpayer who can claim you as a dependent chooses not to. Full story
A dependent is an individual that relies on you for financial support. Being able to claim a dependent on a tax return allows for a number of tax-related benefits. One of the most popular questions we see each tax season is “Can I claim my girlfriend/boyfriend?” Full story
Over the past few years, questions around who can claim who and why has dramatically changed. It’s difficult to know who you can claim as a dependent and who you cannot. Full story
Wondering whether your girlfriend can be claimed as a dependent? Or your girlfriend’s child? Here is a breakdown of personal income-tax exemptions. Full story
Starting today, the power is in your hands to select this year’s Cutest Last-Minute Tax Deduction and award the lucky parents of one cute baby the grand prize of $5,000. Full story
See updated information on how to claim a dependent on your tax return here. This… Full story
For updated information also see Who Can I Claim as My Dependent? Tax season is… Full story