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Claiming children can be a tricky thing. Dependent children is one of the things IRS looks closely at every year. There are many laws, and you can use those to your advantage if you know how. Let's dive in and learn about claiming children, and how that affects your taxes. 

 

There are additional tests that must be met to claim the realtives in this category as dependents. All of the following must...

You've learned a little about who's related to you FOR TAX PURPOSES in the last article: Who's Your Dependent Part 1and this edition is going to re-visit those relationships and expand on how they apply to your tax return. You'll be introduced to child dependents, which will be the focus of Part 3: Qualifying Children

 

First, let's look at the relationships (FOR TAX PURPOSES). Keep in mind, the...

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