Tax Expert Provides the Inside Scoop on Claiming Dependents

By: Discover it Online
TRAVERSE CITY, Mich. - Aug. 8, 2019 - PRLog -- The "Discover It Here!" website and blog now features a new article, written by tax expert Frank Ellis, which explains who one can claim as a dependent. An exemption can be claimed for anyone a taxpayer claims as a dependent, the author says. Doing so reduces taxable income. Qualifications such as a child under the taxpayer's care must be met in order to get tax benefits of claiming them as dependents.

First, Ellis lists the various qualifying child requirements. The child can be adopted, a step child, or foster child; they can also be a sibling or the child's descendent. Age requirements are mentioned and so are living requirements. The author also says at least 50% of the dependent's support must be provided by the taxpayer in order for them to be claimed. Also, the dependent being claimed cannot file a joint return on their own.

Qualified relative requirements are listed next. First this person cannot already be claimed as a dependent by someone. They must be related, or live with the taxpayer claiming them for at least a year. Gross income thresholds and levels of support matter as well. Ellis provides a little insight into that.

Next, the author provides several common questions and answers about claiming dependents. These cover topics such as a dependent having to file taxes, if a taxpayer's partner and kids live with them, and whether dependents have anything to do with claiming the earned income tax credit ( Ellis also answers questions related to children away at school or whether or not a spouse can be considered a dependent.

Read more about whether someone can be claimed as a dependent and see answers to common questions about this subject at,

About Frank Ellis

Frank Ellis is a Traverse City Tax Preparation Planner and published author. He has written tax and finance related articles for eight years and has published over 900 articles on leading financial websites.

Location:Traverse City - Michigan - United States
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