Category Archives: Dependents
If you’re a parent and you have to work, there a pretty good chance you have to pay for the care of your child during working hours. This can get pretty expensive, but thankfully there is a tax credit that can help offset the cost of childcare services. The Child and Dependent Care Credit is […]
— Read moreTo get a little extra cash back this tax season, consider the benefits you may be eligible for by claiming children or adult relatives as dependents. For each dependent you claim that qualifies, you get a personal exemption, and depending on the age and relationship of the dependent, you may be eligible for additional tax […]
— Read moreIf your girlfriend or boyfriend has unofficially moved their toothbrush into your bathroom, and are constantly crashing at your place, there’s a chance you may be able to consider him or her a dependent on your upcoming income tax. Contrary to popular belief, it’s not just children or relatives who can be claimed as dependents. […]
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