A qualifying relative is a dependent you can claim on your taxes, but you must determine how much income your relative makes, how much support you provide for them, and your relationship with them. A qualifying relative provides the taxpayer tax credits that accompany the addition of the relati...
A qualifying investment is an investment purchased with pretax income. It is usually in the form of a contribution to a retirement plan. Funds used to purchase qualified investments do not become subject to taxation until the investor withdraws them. They provide an incentive to contribute to ac...