If you're supporting someone financially, whether that's a child, an adult child who moved back home, or a parent who now lives with you, there's a good chance it affects your taxes. Claiming a ...

Korrena Bailie has over a decade of experience reporting and editing personal finance stories and reviews. Her work has been featured in Wirecutter, The New York Times, Bankrate and Credit Karma. Send ...

The Internal Revenue Service requires you to pay taxes as you earn income. If you're self-employed and you overpaid your quarterly taxes, or if you're an employee and withheld too much from your ...

Who can you claim as a dependent? It's one of the most commonly asked questions during tax season. While children may spring to mind, the IRS rules for qualifying dependents cover just about every ...

With summer upon us and the children being out of school, you may need to find someone to watch those children in the ...

The child and dependent care tax credit (CDCTC) could offset costs related to caring for a qualifying child or dependent while you work or look for work. Here's how it works, who may qualify, and how ...

If you support a child, parent or another family member, you may be able to claim them as a dependent on your tax return.