Chandani is a certified public accountant and also a former agent with the Internal Revenue Service.
State and federal tax matters can be vexing and problematic. The following are answers to some of the key issues facing taxpayers with the fourth quarter approaching.
Q: Is there an age limit on claiming a child as a dependent?
A: To claim a child as a dependent, the child must meet either the qualifying child test or the qualifying relative test.
To meet the qualifying child test, th...
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