Note: The content of this video applies only to taxes prepared for 2010. It is included here for reference only. Almost any relative can be claimed as a dependent for tax purposes. So can non-relatives such as foster children or domestic partners. But yo
If you are caring for your mother or father, you may be able to claim your parent as a dependent on your tax return. This would allow you to get a tax credit for that parent; the maximum tax refund is currently $500 per parent. What Are Dependents? For tax purposes, the Internal Re...
Share on Facebook dependents Also found in:Thesaurus,Medical,Legal,Financial,Encyclopedia. persons who depend on someone or something for aid or support:She has six dependents. Not to be confused with: dependence– reliance; confidence; trust:dependence on a person’s honesty;conditional or continge...
Time for Tax Tasks 💘 Time for Some 💘 💕 February 💕 💗 Tax Love 💗The month that that's home to Valentine's Day also is the first full month of the annual tax season. While we might not be as sentimental about taxes as we are romance, this slightly longer Leap Year Febr...
This credit applies to taxpayers with qualifying adult dependents and children who are too old to qualify for the child tax credit. These children would still qualify as their parents' dependents for purposes of the child tax credit but exceed the child tax credit’s age limit.1 ...
While the situation can burden parents suffering their own setbacks from the recession, it could provide a benefit: For tax purposes, those who are supported by family can be declared a dependent and used as a deduction at tax time.
TurboTax Desktop Business for corps Tax tips Help and support TurboTax Live Community Support Contact us Where's my refund File an IRS tax extension Access your Turbotax account Community Tax law & stimulus updates Refer Your Friends Tax tools ...
For tax purposes, spouse is not regarded as dependent. Link to download W7 form and instructions:https://www.irs.gov/uac/about-form-w7 2. Federal income tax return Your original, valid tax return(s) for which the ITIN is needed. We cannot e-file the tax return if we applying for IT...
citizen when your child was born, the child may be a U.S. citizen even if the other parent was a nonresident alien and the child was born in a foreign country. This means that for tax purposes, even if the child has not been presented for citizenship, he could qualify as your ...
things you do when preparing your tax return. When you claim the head of household filing status, we will report that filing status on your tax return and automatically apply all the benefits (such as a higher standard deduction as described above) as you work.Start here for freeandeFileIT...