J.K. Lasser's 1001 Deductions and Tax Breaks 2010
Your Complete Guide to Everything Deductible
Chapter One
You and Your Family
Do the old cliches still ring true? Can two still live as cheaply as one? Are
things really cheaper by the dozen? For tax purposes, there are certain tax
breaks for building a family.
This chapter explains family-related tax benefits, including:
Personal exemption
Dependency exemption
Child tax credit
Earned income credit
Dependent care credit
Adoption costs
Foster care
Child support
Alimony
For more information on these topics, see IRS Publication 501, Exemptions,
Standard Deduction, and Filing Information; IRS Publication 503, Child and
Dependent Care Expenses; IRS Publication 504, Divorced or Separated Individuals;
IRS Publication 596, Earned Income Credit; and IRS Publication 972,
Child Tax Credit.
Personal Exemption
Each taxpayer (other than someone who is anothe ... read full excerpt from: J.K. Lasser's 1001 Deductions and Tax Breaks 2010: Your Complete Guide to Everything Deductible (J.K. Lasser #93) ebook