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Video: What Are Dependents?
If you financially support a child, a parent, a relative or even a friend, you may be able to claim them as a dependent on your taxes and take an exemption. Who qualifies as a dependent? Learn more about tax dependent qualifications in this TurboTax tax tip video. Read more…
Video: Tax Filing Requirements for Children
Depending on how much money they made during the year, your children may very well have to file for taxes. Learn about tax filing requirements for children with help from TurboTax in this video on tax tips. Read more…
What is the Generation-Skipping Tax?
If you're a part of a family trust, the generation-skipping tax may be a financial option to consider. Read more…
New Addition: Adoption Tax Credits
Learn how the adoption tax credit works and how you can claim it to get help balancing your finances when you welcome a new family member. Read more…
Navigating Family Trusts and Taxes
Family trusts offer a solution for managing assets such as a home or an investment portfolio and there are certain tax implications involved that taxpayers should know about. Read more…
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