061 Can I Claim My Relatives as a Dependent
Federal Tax Update:
NBC had an article about seven items that could trigger AMT
Congress is discussing whether to get rid of the taxing of Social Security Benefits
In State News:
Pennsylvania residents are being charged sales tax on clothing items in error
California is considering giving property tax breaks to Space X and similar space companies.
New Jerey’s Superbowl tax on NFL Players
From the Tax Question:
I have a relative who lives with me for the majority of the year and doesn’t earn much. Can I claim my relative as a dependent?
For the main tax topic, the popular items on Schedule A and the Form 1040 to lower your taxable income:
Tax Credits/Income Adjustment
Post Footer automatically generated by Add Post Footer Plugin for wordpress.
Navigating The Tax Headline of the Week
NewsletterQ&A coming soon.
Tax TipsThe Additional Child Tax Credit is available on dependents under the age of 17.
- CIRCULAR 230 DISCLOSURE "We are required by IRS Circular 230 to inform you that the advice contained herein (including all attachments) was not intended or written to be used for the purpose of avoiding any penalties that may be imposed under Federal tax law and cannot be used by you or any other taxpayer for the purpose of avoiding such penalties."
Your Tax Teacher Podcast Recent EpisodeTax refunds will start....
Subscribe to the Your Tax Teacher Weekly Navigating the Tax Headlines and Get the Millionaire Tax Strategy for FREE!