Adoption tax credit. For those who adopt a child, you can receive a credit of up to $14,440 that is qualified adoption expenses are required for the year…
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Tax questions
Family & education
Dependents, child credits, childcare, college costs, student loans, adoption, and divorce.
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181 answers
We had some big changes again at the end of 2018 to 2019 about divorce. Up until that point, if you paid somebody alimony, the person's pain would…
ListenRenting your house seems like a pretty easy concept. You rent it out, someone rents it, and then you have it. But sometimes you know what? Your son…
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Radio Show
March 6, 2021
Another episode of the Dr. Friday Radio Show is here! Dr. Friday talks about all things taxes, deadlines, and the following topics: Make Sure to Have The Right…
#Tax Refund Delays#Capital Gains Taxes#Amended Tax Returns#Stimulus Checks
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Radio Show
February 27, 2021
You won't want to miss out on this episode of the Dr. Friday Radio Show! Dr. Friday talks about all things taxes, deadlines, and the following topics: Can…
#Stimulus Checks#Claiming Dependents#College Tuition Credits#PPP Loan Forgiveness
ListenStudent loan interest. Remember, in some cases, parents are actually paying the student loan interest, but it was for your own student loans. There is a way for…
ListenWe've had a couple of issues because in 2019, many people were claiming their age parents that may live in their home, and they help support and that…
ListenThis is a pretty typical situation where it says, "My spouse and I have provided a home for my niece and her son for the past seven months.…
ListenI'm an enrolled agent licensed with the Internal Revenue Service to do taxes and representation. I do a radio show every Saturday at 2 pm right here on…
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Can State Court Determine Who May Claim a Child as a Dependent?
Family & education
Can a state court determine who may claim a child as a dependent? The answer is no. Federal law will determine who can claim the child. This is…
ListenA question I received says, "My spouse and I are married filing separately, we both contribute to support our son. Can we both claim him as a dependent…
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If My Spouse and I File Separately, Can I Claim Head of Household?
Family & education
This is a question believe it or not that I'm asked probably 10 times a month, at least. "I am married, but my husband and I file separately.…
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