Are you living with your girlfriend or boyfriend? Have you ever wondered whether or not you could claim him or her on your tax return as a dependent? Like many things in life, it depends. Even if it feels like...
For that time in a person’s life when he or she begins to take care of their parent, its important to know that the IRS allows those individuals to claim their parents as dependents on their tax return. As is...
As you prepare to file your taxes, please keep in mind some helpful tax deductions and credits that may apply to your family. First off, many families filing are a bit confused over what exactly tax deductions and credits are. While...
A personal exemption is a threshold of income that is not taxable to you, and it is subtracted from your total income in computing the amount that is taxable. One personal exemption is allowed for you and everyone in your...
You know you can claim exemptions for your children on your tax return when you file. But if you have other family members that you support, you may be able to get exemptions for them as well. A dependent exemption...
We’re continuing our new series on the TurboTax blog that is all about YOUR tax questions. Each month, we’re highlighting a different trending question from the TurboTax AnswerXchange, our online tax community that provides personal answers to taxpayer questions. This months...
Are you a new or soon to be new dad? Congratulations! Your world is about to change…mostly for the better. Really though, being a dad is a joy. You’ve probably heard that it can also be a pretty expensive time....
Who can you claim on your tax return? You know you can’t claim an exemption for the family cat, but what about your brother-in-law who camps out in your living room because he lost his job? And how about your...
The deadline to file your tax return is coming up fast, but that doesn’t mean you can’t make sure you’re getting all the tax benefits you deserve. For busy parents who are crunched for time, I’ve compiled a list of...
Congratulations on the happy news! Now that you two have tied the knot, it’s time to go ahead and give your finances a head start by creating your money game plan and optimizing your taxes. Get on the Same Financial...
Are you living with your girlfriend or boyfriend? Have you ever wondered whether or not you could claim him or her on your tax return as a dependent? Like many things in life, it depends. Even if it feels like... 
