How much of a tax deduction am I able to claim for each dependent who meets the requirements for a qualifying child or a qualifying relative?
Each dependency exemption you claim reduces your taxable income by $4,150.
What’s the difference between an enrolled agent (EA) vs. a certified public accountant (CPA)? Explore the roles of EAs and CPAs at H&R Block.
Learn more about earned income credit eligibility and get tax answers at H&R Block.
Spending your time volunteering is a great way to give back. Learn more about the tax benefits for volunteer work when filing your taxes at H&R Block.
Learn how to deduct student loan interest with H&R Block. Get information about qualified education expenses and see if a student loan tax deduction applies to you.