Filers often look for creative ways to ease the tax burden. But these wild stories tap into the frustration many taxpayers ...

Whether you can claim an adult child as a dependent on your taxes depends on their age, income and living situation, as well as the level of financial support you provide to them. The IRS allows ...

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 ...

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 ...

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 ...

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 ...

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 ...

If you pay or receive child support, you may have questions about tax rules for child support and how this could affect your income tax filing. The IRS recognizes the role of parents and guardians for ...

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 ...

With just a few days left to file your taxes, make sure you know how to claim the dependent care credit. Thomas is a native of upstate New York and a graduate of the University at Albany. As a former ...