Family Tax Tips | The TurboTax Blog

Tax Planning

How to Visit Family Abroad During the Holidays on Budget

November 4, 2016 July 12, 2019 / Elle Martinez

Over the next few months, you may be seeing your family during the holidays. For some, that means going out of the country to catch up with relatives and close friends. Just because you’re traveling to places like Mexico or...

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Family

Back to School Savings for Families

August 2, 2016 July 18, 2019 / Elle Martinez

With another school year starting later this month, many families are going back to school shopping now. I wanted to share some ways you can save on your back to school shopping.

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Family

Happy National Parents Day! Tax Benefits to Help Parents Save Money

July 22, 2016 July 11, 2019 / Jim Wang

Did you know July 24 is National Parents Day? It falls on the 4th Sunday each July, and was established by the US government in 1994, as a way of “recognizing, uplifting, and supporting the role of parents in the rearing...

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Tax Tips

Tax Benefits for Military Families

February 10, 2016 July 24, 2019 / Jeff Rose, CFP®

When I was deployed to Iraq, there was one lesson that was continually repeated: don’t become complacent. If one were to “wing it,” one could be injured or even lose their life. I’ve carried this lesson with me even long...

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Family

Welcoming a New Addition? Tax Deductions Available When Adopting

November 19, 2015 July 11, 2019 / Jim Wang

Adoption can be an incredibly expensive, but an incredibly rewarding, undertaking. Fortunately, the IRS offers two tax breaks for adoption and each is quite generous. You can take either the adoption credit, which will result in a direct reduction of...

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Health Care

What are Your Health Insurance Options for Your New Family?

October 13, 2015 July 12, 2019 / TurboTaxBlogTeam

Having a baby is an exciting time in your life, full of many changes. Not only does your daily schedule alter, but you also have an opportunity to choose new health insurance options for your growing family. Having a baby...

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Family

Life Events Series Infographic: Starting a Family

February 17, 2015 July 12, 2019 / TurboTaxBlogTeam

When it comes to taxes, life events can conjure up questions about what tax deductions and credits can be claimed by new parents, but don’t worry TurboTax has you covered. We have created a life events infographic series to help...

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Tax Deductions and Credits

Tax Extenders Passed: This Could Mean More Money for You and Your Family!

December 18, 2014 July 12, 2019 / TurboTaxLisa

Today on December 18, 2014 Congress passed a number of previously expired tax breaks called tax extenders, under the Tax Increase Prevention Act of 2014 (H.R. 5771). But what does this mean for you? These temporary tax breaks expired on...

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Income and Investments

5 Ways to Save While Feasting with Family This Thanksgiving

November 24, 2014 July 12, 2019 / Elle Martinez

With so many people traveling over the next week to see their loved ones, many hosts may be worried about how things will go on Thanksgiving. Will you have everything ready in time? Will there be plenty of food? Can...

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Education