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Claiming Children (Video) For income tax purposes, dependents are the people you support. Tax laws have changed making it legal to claim any kids you support, even if they are not your own. This can be a big benefit to you come tax time. Raising children isn't easy...or cheap. But this time of year, those dependents can save you money on your taxes. And now the rules about who qualifies as your dependent have changed to better reflect our society. |
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| Finance Topic of the Month: Why Is It So Hard To Get Out Of Debt? | |||||||
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