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 ...

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 ...

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 ...

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 ...

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 ...

The IRS does not count animals as dependents. Instead, the federal government views them as property. Dependents are often ...

The April 15 deadline for filing your tax return is just a few days away now, but there's still time to consider which tax credits you'll claim. If you're considering the perennially popular child tax ...

Claiming dependents is one of the best ways to reduce taxable income. Parents can even claim their adult children if they meet IRS requirements. Discover More: 3 Sneaky Things You Didn’t Realize Your ...

A classically trained French hornist by education, Nick Wolny is a managing editor at CNET Group, where he oversees the Perspectives franchise and written branded content across CNET Group's ...

There are lots of things college students and their parents should keep in mind before filing their taxes, and while tax pros say it’s great for college students to start filing their own forms, ...