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2. Rules for Claiming a Dependent on Your Tax Return - AOL

   www.aol.com/finance/rules-claiming-dependent-tax...

   Having trouble deciding if your Uncle Jack, Grandma Betty or daughter Joan qualifies as a dependent? Here's a cheat sheet to quickly assess which of your family members you can claim on your tax ...

3. Can I Claim My Child as a Dependent if I Pay Child Support? - AOL

   www.aol.com/claim-child-dependent-pay-child...

   In cases where a non-custodial parent wants to claim certain tax benefits related to the child, they can complete IRS Form 8332, also known as the “Release of Claim to Exemption for Child of ...

4. Personal exemption - Wikipedia

   en.wikipedia.org/wiki/Personal_exemption

   Under United States tax law, a personal exemption is an amount that a resident taxpayer is entitled to claim as a tax deduction against personal income in calculating taxable income and consequently federal income tax. In 2017, the personal exemption amount was $4,050, though the exemption is subject to phase-out limitations.

5. Taxes 2024: Can I Claim My Parents as Dependents and Is It ...

   www.aol.com/taxes-2024-claim-parents-dependents...

   If your parents earn more than the allowable gross income for the tax year in question ($4,700 per parent in 2023), then they would not be eligible to be claimed as a dependent by anyone else ...

6. Standard deduction - Wikipedia

   en.wikipedia.org/wiki/Standard_deduction

   For dependents, the standard deduction is equal to earned income (that is, compensation for services, such as wages, salaries, or tips) plus a certain amount ($400 in 2023). A dependent's standard deduction cannot be more than the basic standard deduction for non-dependents, or less than a certain minimum ($1,250 in 2023).

7. Child tax credit (United States) - Wikipedia

   en.wikipedia.org/wiki/Child_tax_credit_(United...

   A tax credit enables taxpayers to subtract the amount of the credit from their tax liability. [d] In the United States, to calculate taxes owed, a taxpayer first subtracts certain "adjustments" (a particular set of deductions like contributions to certain retirement accounts and student loan interest payments) from their gross income (the sum of all their wages, interest, capital gains or loss ...