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The $500 Credit for Other Dependents (aka “Family Tax Credit”) was signed into law as part of the 2017 Tax Cuts and Jobs Act and is in effect for tax years 2018 through 2025. The new credit allows taxpayers a credit for certain dependents that don't ... read more
If you have kids, you might qualify for the Child Tax Credit, which can reduce your tax bill by up to $2,000 per qualifying child. The 2017 Tax Cuts and Jobs Act (aka "tax reform") doubled the per-child credit amount from $1,000 in 2017 and prior tax... read more
Paid Family Leave (PFL) income is money you receive from your employer, an insurer, or the government while you are away from work for an extended period of time so you can recover from a serious health issue, take care of a seriously ill family memb... read more
For tax year 2018, you can qualify for Head of Household if you: Were unmarried as of December 31, 2018 and Paid more than half the cost to run your (or a qualifying parent's) home in 2018 (rent, mortgage, utilities, etc.) and Supported a qualifying ... read more
En general, con la declaración conjunta recibirás un reembolso mayor o adeudarás menos impuestos. Si presentas la declaración por separado, la tasa impositiva es más alta y no podrás reclamar lo siguiente: Beneficios para educación Crédito por ingres... read more
Para el año fiscal 2018, puedes ser Head of Household (cabeza de familia) si cumples los siguientes requisitos: No estabas casado al 31 de diciembre de 2018 y Pagastes más de la mitad del costo de mantener tu hogar (o el de un padre que cumpla los re... read more
If you have kids, you might qualify for either the Child Tax Credit or the Credit for Other Dependents (also known as the Family Tax Credit). While they’re similar, there are some differences in eligibility. Child Tax Credit Credit for Other Dependen... read more
The $500 Credit for Other Dependents (aka “Family Tax Credit”) was signed into law as part of the 2017 Tax Cuts and Jobs Act and is in effect for tax years 2018 through 2025. The new credit allows taxpayers a credit for certain dependents that don't ... read more
The federal requirements for the Qualifying Widow(er) filing status changed for tax year 2018. On the state level, some states are following the federal guidelines and some are not. Federal taxes While you still need a child that meets certain qualif... read more
It’s very difficult to remove all information related to a former spouse from your return. Your best option is to start over by creating a new TurboTax account, and working through the program to enter your return in your name only. You can create a ... read more
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