As the April 18, 2023 tax return filing deadline nears, many Americans are trying to get their tax situation in order. Given that many people will have more tax liability this filing season, such as ...

You can claim adults as dependents in certain cases, even if they’re not a relative, if they meet the IRS criteria. Here’s how to know if someone qualifies and what tax credits you could receive. Try ...

Come tax time, you want to claim as many deductions as possible on your return to lessen your tax burden. And that includes accounting for all the dependents you’re entitled to claim. Read: 3 Ways ...

Did your kids get a taste of the real world and decide that living off Mom and Dad was not so bad after all? Cheer up… you may still be able to claim them as dependents on your taxes. Dependents can ...

Claiming a college student as a dependent can affect which education credits and tax benefits are available to the family and to the student. The outcome depends on factors such as income levels, ...

Each tax season, people look for tax deductions and credits to either lower their balance or increase their refund. One rather obscure deduction: A partner can be claimed as a dependent if they pass ...

Most parents claim their children as dependents on their taxes, but now an increasing number of Americans are claiming their parents, according to a recent survey. More than 54% of Americans aged 25 ...

If you can meet certain requirements for parental care, you can qualify for certain IRS tax credits when you file your return. For that time in a person’s life when he or she begins to take care of ...

The Internal Revenue Service requires you to pay taxes as you earn income. If you’re self-employed and you overpaid your quarterly taxes, or if you’re an employee and withheld too much from your ...

ATLANTA - The Georgia Department of Revenue says expecting families who live in the Peach State can claim their embryo as a dependent on their taxes. In new guidance released Monday, officials with ...

ROCHESTER, N.Y. – Are you giving Uncle Sam too much money? You might be if you forget to declare all your dependents. Remember for tax purposes, a dependent child is either younger than 19 or a ...

Residents of Georgia can claim embryos as dependents on their tax returns, according to guidance issued Monday by tax officials in the state. The Georgia Department of Revenue said it released the tax ...