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The Custodial Parent

The Custodial Parent

While another relative may be able to claim your child as a qualifying child, Form 8332 would not be needed to claim the dependent. If you are the custodial parent, you can use Form 8332 to do the following. Thus, the court denied the dependency exemptions and head-of-household filing status. A written declaration should specify the children ...

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How To Fill Out Form 720

How To Fill Out Form 720

This being said, if your business deals in goods and services that are subject to excise tax—like air transportation, fishing equipment, or gasoline—then you’ll have to complete IRS Form 720. Form 720 must be filed with the IRS on a quarterly basis in order for your business to report and pay your federal excise tax ...

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Dependent Care Expenses

Dependent Care Expenses

Fees for other optional products or product features may apply. Limited time offer at participating locations. By authorizing H&R Block to e-file your tax return, or by taking the completed return to file, you are accepting the return and are obligated to pay all fees when due. Dependent who’s a qualifying child and under age 13 ...

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Earned Income Tax Credits In California

Earned Income Tax Credits In California

Appropriates $195,678 for continuation of a grant to an Iowa-based nonprofit for the purpose of providing tax preparation assistance in order to assist low-income residents with tax filing and expand usage of the EITC. Appropriates $195,000 for continuation of a grant to an Iowa-based nonprofit for the purpose of providing tax preparation ...

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New Able Account Advantages

New Able Account Advantages

There are no limits to how many SNTs an individual may have or to how much each trust may hold. On the other hand, an individual may have only one ABLE account, and total annual contributions are pegged to the annual federal annual gift tax exclusion ($14,000 for 2017). A 529 plan is a tax-advantaged account that can be used to pay for ...

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About Form W

About Form W

No pressure, no credit card required. This one’s for people who are filing outside the United States. If you’re an international business entity and don’t know how you fit into the America system, check out the IRS’s guide to international business entities. If you’re unincorporated and share ownership of your ...

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