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One rather obscure deduction: A boyfriend or girlfriend can be claimed as a dependent if they pass the same criteria used to determine if a child or relative can be claimed as a dependent.
Having trouble deciding if your Uncle Jack, Grandma Betty or daughter Joan qualifies as a dependent? Here's a cheat sheet to quickly assess which of your family members you can claim on your tax ...
Dependent Deductions Comparison. Filing Status. Standard Deduction as of 2020. Previous Standard Deduction for 2017 and Before. Single. $12,400. $6,350. Head of Household
There are some exceptions that allow for tax-free domestic partner benefits, such as for a domestic partner that qualifies as a dependent under Internal Revenue Code Sections 152(a)(9) through 152(b)(5), a certification and annual recertification that the support and relationship tests of section 152(a)(9) are met, and the relationship between ...
A "dependent" for these purpose includes grandchild and step-grandchildren, not just children and stepchildren. [13] Filing as a head of household can have substantial financial benefits over filing as a single status taxpayer. As a head of household, one may obtain a more generous tax brackets and larger standard deductions. [14]
The IRS defines two types of people that you can claim as a dependent on your taxes: “qualifying children” and “qualifying relative.” A qualifying child does include anyone who is your ...
Domestic partners are eligible for health care insurance coverage, can use annual leave or unpaid leave for the birth or adoption of a dependent child or to care for a domestic partner or a partner's dependents, and can make funeral arrangements for a deceased partner.
Domestic violence intervention; Access to "family only" services, such as reduced rate memberships to clubs & organizations or residency in certain neighborhoods; Preferential hiring for spouses of veterans in government jobs; Tax-free transfer of property between spouses (including on death) and exemption from "due-on-sale" clauses.