Video – Claiming Dependents

by Daria Vovk
Apr 10, 2022
IRS tax dependents nz us

Amongst the many different credits, exclusions and deductions offered by the IRS, one of the most effective in reducing a tax liability, is the ability to claim dependents on your tax return.

For US tax purposes, a dependent can be a child you care for, or other qualifying relatives. By claiming dependents on your tax return, you may be entitled to greater deductions and even some refundable tax credits.

Learn more in our video below: