Understand what are the requirements for claiming a child as a dependent on your taxes, who else you can claim as a dependent, and how it can save you thousands.
When you want to claim children as dependents, however, they must either be under age 19 at the end of the year or be full-time students under the age of 24. Keep in mind that someone can be claimed as a dependent on only one tax return. If you share your mother-in-law’s ...
Most people claimed as dependents are children or other relatives. However, you may also be able to claim an unrelated dependent, such as a domestic partner.
When you want to claim children as dependents, however, they must either be under age 19 at the end of the year or be full-time students under the age of 24. Keep in mind that someone can be claimed as a dependent on only one tax return. If you share your mother-in-law’...