I was pregnant most of the current tax year. Is it still possible to claim the baby as a dependent when filing my tax return?
To claim a baby as a dependent, the baby must have been born alive during the current tax year.
If your child wasn’t born until the next year, you can’t claim the baby as a dependent, even though your pregnancy lasted most of the tax year. However, if your baby was born this year, claiming a newborn on taxes is possible even though the baby wasn’t alive most of the year.
Do you have unreimbursed expenses to include on your tax return? Learn how to claim unreimbursed employee expenses with IRS Form 2106.
Are political contributions tax deductible? Before signing a check, learn the difference between charitable giving and political donations at H&R Block.
2017 has beckoned record-topping natural disasters. From wildfires in California to hurricanes throughout the south, the casualty loss tax deduction is a hot topic. Read to learn more.
What is a CPA, and how can one help you with preparing your taxes? Understand the role of a certified public accountant with the experts at H&R Block.