I help support my parents by sending them money every so often. Can I deduct my gifts from my taxes?
Are money gifts to help support my parents tax dedudictible and do they have to declare my gifts as income?
Are money gifts to help support my parents tax dedudictible and do they have to declare my gifts as income?
I’ am a resourse parent unable to claim fosterchild because biological parent has claim them on their taxes for the whole year, children have not live with parents since they have been placed with me.
In order to be considered a resident in another state for tuition purposes, I cannot be claimed on my parents taxes for two years. I was not claimed on the 2007 but how do we amend the 2006 taxes so I am not claimed as a dependent. Also, once the taxes are amened, will my [...]
I’m referring to people who have never married yet they keep having kids ! Seems unfair to me that a single responsible person hardly has any deductions yet parents who have never been married are allowed to get huge tax deductions for their illegitimate kids !
I’m doing my siblings taxes and my parents are still planning on claiming them. Legally, when do they need to stop? Is there an age limit? I’m in the US.
Also, what if one was in college at the beginning of the year, but not at the end?