Family Members Living With You? 4 Reasons That Could Help Your Taxes
More and more Americans are helping provide a home and support for other family members. This often includes adult children and older relatives. And if you’re in this situation, you’re surely doing so out of love and concern. But you can get some financial help on your tax bill that you may not be aware of. Here’s how. Dependency. Many people aren’t aware that they can sometimes claim as dependents adults and minors who are not their own children.