Manisha Hansraj
Oct 16, 2018What do I do if someone else claimed my dependent?
In the worst case scenario, the IRS rejects your tax return. Someone else claimed my dependent. What should I do? Luckily, the IRS gives you options in case you’re stuck in this situation. Unfortunately, the IRS cannot disclose who claimed your dependent. Typically it’s either the other parent, their child claimed themselves as an exemption […]
Manisha HansrajJul 23, 2018The Child Tax Credit & Additional Child Tax Credit Changes for 2018!
Let your kids treat you by giving you the tax break you deserve. Typically, for the prior tax years, (including the tax year 2017) you can receive up to $1,000 per qualifying child for the Child Tax Credit (CTC). You may even get the Additional Child Tax Credit (ACTC) which is a refundable credit that you […]
Divya HansrajJun 16, 2017How do I Qualify for the Child Tax Credit?
Oh, the joys of having children! Today, it is difficult for parenthood to have its rewards. Children want us to buy them the most expensive toys and clothing and that spending can sometimes feel fruitless. As with struggling to finish a marathon, we strive, hoping there will be a light at the end of the […]
adminMay 14, 2012Who Qualifies as a Dependent on Your Taxes?
Find out who you can claim as a qualifying child and as a qualifying relative For most taxpayers, claiming a dependent results in a fairly significant tax benefit, oftentimes a refund. But who exactly can you claim as a dependent? There are actually two different categories of dependent: qualifying child and qualifying relative. Both have […]
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