Can I Claim Them As A Dependent?your tax return | January 29, 2016 | By James Stork
There are days when you may not want to claim your child, like the time he pitched that 10-minute (seemed like 2 hours) temper tantrum in Target. But come tax time, there’s some significant savings involved, making it worthwhile to claim your child as a dependent (at least for tax purposes).
Claiming dependents is straight-forward for many, but in some cases, it’s not so simple. And that’s because we’re not just talking about your children – parents, stepsisters, stepbrothers, foster children, and adult relatives can also qualify as dependents for tax purposes, if they meet certain criteria. Our infographic will help you figure out who you can claim.
Now that you have a better understanding of who you can and can’t claim as a dependent, create a free account and start your taxes.