Posts tagged as:

dependents

11 Potentially Life Changing Year End Tax Strategies

28 December 2011

2011 is coming to a close which means that year end tax strategies are on the minds of many taxpayers. We all know the most common tips (pay mortgages in advance, make contributions to retirement accounts, donate to charities) but what about those outside of the box? It’s true that you can engage in life [...]

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Ten Tips For Claiming Summer Camp Expenses On Your Taxes

29 June 2011

If your household is anything like mine, you’re in full summer camp mode right now…  With school out, summer becomes a whirlwind of vacations and summer camp – especially for working parents who depend on summer camp as child care. Fortunately, expenses associated with summer camp may result in a tax break in the form [...]

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Ask the taxgirl: Double Dipping on Dependents

16 April 2011

Taxpayer asks: Hi TaxGirl, Great website. You have put together a stunning resource. I really have enjoyed looking around! I have a brief question. I am 23, have a job, and live on my own. I went ahead and filed a federal return in February claiming myself as a dependent. I received a tax refund [...]

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I Kid You Not: Filing for Dependents

11 April 2011

The arrival of catalogues at my house have done quite a bit to up my daughter’s work ethic. She has it in her head to buy an American Girl doll, complete with accessories, and if you know anything about the brand, you know it’s not cheap. With that, she’s been offering to do all kinds [...]

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Taxes from A to Z: H is for Household Employees

10 March 2011

I’m not rich. I don’t own a mansion. I don’t have a maid (that would be me). I don’t have a chauffeur (that’s me), a gardener (still me) or a chef (also me). But I’ve had household employees. Chances are, you have, too. You see, household employees are something that we associate with the rich [...]

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Ask the taxgirl: Claiming Independent When You’re Not

30 January 2011

Taxpayer asks: I was in college until May, and have been supporting myself since. I just filed my taxes for free at turbotax.com, filed as an independent, and got the email that my return has been accepted. Then my parents told me that they claimed me as a dependent so that they could keep me [...]

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Ask the taxgirl: Making Work Pay Credit and Dependents

16 January 2011

(Editor’s Note: Somehow, in the chaos of my Sunday morning, I didn’t paste in the second part of the question and first part of my answer. So, edited to reflect those changes… sorry about that!) Taxpayer asks: I’m 23, full time student, lived at home for free, worked…$6500 with withholding of $500. Can I file [...]

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Ask the taxgirl: Childcare and the Self-Employed

6 February 2010

Taxpayer asks: I started a new business working from home in November 2009 and so far dont have income just losses. I also have my child in daycare and wanted to file his daycare tuition but with no income to report turbo tax isnt letting me use this. How do I go about using the [...]

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Ask the taxgirl: Deceased Child

5 February 2010

Taxpayer asks: This last year I had a son born who only survived 1 day. Do I need to get a Social Security number for him? Do I claim him as a dependant? Taxgirl says: Gosh, I honest can’t imagine how difficult this is for you and your family. My sympathies and thoughts are with [...]

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Ask the taxgirl: Tips and Income for Kids

5 February 2010

Taxpayer asks: My daughter worked as a bagger (bagged groceries) last year at our base commissary. The baggers do not receive a salary and work strickly for tips. I already checked with the “Head Bagger” at the commissary who said no type of 1099 will be sent. How do I go about claiming the monies [...]

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