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 ...
The child and dependent care credit helps you recoup some of the costs of paying for care while you’re at work. The value of the credit is a percentage of the expenses you paid. That percentage varies ...
When tax season rolls around, parents of college students often wonder: Can I claim my child as a dependent even if the spouse pays tuition fees? The short answer is yes, you can, but it depends on ...
The Child and Dependent Care Tax Credit offers a significant opportunity for families to offset the costs of child care. Designed to assist parents and guardians who are working or seeking employment, ...
The tax megabill that President Donald Trump signed into law on July 4 boosted the value of the child tax credit in 2025 to $2,200, up from $2,000. After 2025, the value of the child tax credit will ...
The Internal Revenue Service released Revenue Procedure 2025-32, detailing the inflation-adjusted tax brackets, standard deductions, and key credits for the 2026 tax year. The updates – shaped by the ...