There are two types of dependents, "Qualifying Children"(QC) and Other ("Qualifying Relative" in IRS parlance even though they don't have to actually be related...
Q. Can I use my 2022 income tax refund as an income to file my 2023 taxes?
A. Simple answer: No.
There is a rare circumstance where it is income (you must have...
The smart move is to file as Married Filing jointly (MFJ)and agree on how you will split the refund.
Be aware of one special rule: if you file as Married Filin...
Q.I’m not being credited my withholding that I already paid in Missouri to go towards Illinois. Why?
A. It doesn't work that way. If you paid MO too much withho...
There are three things you can do with your Qualified educational expenses (QEE):
Allocate then to scholarships (so that the scholarship remains tax free)
Allo...