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Financial independence for adult children is crucial for their development and parents' retirement security. Here's what ...
The real problem isn’t funding. It’s priorities. It’s accountability. And it’s whether Medicaid as we know it can survive the next decade.
If Congress moves forward with a controversial proposal to require people to report work hours to keep Medicaid, more than a million of California's poorest residents could lose their health insurance ...
The federal government helps defray at least some small portion of those costs with the child and dependent care credit, ...
You can claim adults as dependents in certain cases, even if they’re not a relative, if they meet the IRS criteria. Here’s how to know if someone qualifies and what tax credits you could receive.
is a tax benefit that allows taxpayers to receive up to $500 for each dependent who does not qualify for the Child Tax Credit (CTC) or the Additional Child Tax Credit (ACTC). This credit was ...
To qualify for the child and dependent care tax credit ... $3,000 for one qualifying person $6,000 for two or more qualifying persons One factor to keep in mind: the child and dependent care ...
A dependent is generally defined as someone you financially support and who meets specific IRS criteria. Not everyone you take care of qualifies as a dependent. The IRS allows two types of tax ...
Head of Household Status Who qualifies:Usually someone who is unmarried with dependents. This one can be confusing, but the rule of thumb is that “head of household tax filing status is chosen ...
Who qualifies as a dependent for life insurance? To be eligible for dependent coverage, the person must first qualify as a dependent, according to the definitions in your group life insurance plan.