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Taxes 2023: Can I Claim My Partner as a Dependent?
GoBankingRates via AOL· 1 year agoEach tax season, people look for tax deductions and credits to either lower their balance or increase their refund. One rather obscure deduction: A...
Can I Claim a Child on Taxes With 50/50 Custody?
SmartAsset via Yahoo Finance· 3 months agoClaiming one or more dependents on your taxes can yield some valuable tax benefits, including the ability to claim the child tax credit and the child and...
7 Dependent Tax Deductions You May Not Know About
SmartAsset via AOL· 2 years agoThe American Rescue Plan boosted 2021 tax returns for millions of working families. However, the 2022 tax year will be a return to the norm, and...
Tax tips for college students and their parents
Associated Press Finance via Yahoo Finance· 2 months agoFor dependent students filing taxes for the first time, it’s easy to overlook checking the “dependent” box, and they cannot then be claimed on their...
‘Motivated by greed.’ Kentucky couple helped people cheat on taxes using fake kids
Lexington Herald-Leader McClatchy Articles via AOL· 10 months agoA Kentucky husband and wife who helped people cheat on their taxes by claiming fake dependents have...
Taxes 2023: Can I Claim Day Care Costs When Filing My Return?
GoBankingRates via AOL· 1 year agoIs it possible to claim day care costs on a tax return? The answer to this question means more than...
Is Private School Tuition Ever Tax-Deductible?
SmartAsset via Yahoo Finance· 2 years agoClaiming tax deductions can help to reduce your taxable income for the year. As a parent, there are a number of child-related expenses you might be able...
This Tax Credit Is Extremely Complicated -- but It's Still Worth Claiming
Motley Fool· 1 year agoThe good news is that the IRS allows parents who pay for childcare so they can work recoup some of...
Proceed cautiously when claiming the Earned Income Tax Credit this season
South Bend Tribune via Yahoo Finance· 3 months agoWhat’s the latest on the Earned Income Tax Credit for my 2023 Return? — H.R.B., Plymouth, IN The...
Taxes 2023: Here's how to know if you should itemize
Yahoo Finance via AOL· 1 year agoAt tax time, one major decision can help you maximize your tax benefits: You can either itemize your deductions or take the standard deduction — but you...