Posts on Jan 1970

Raffle tickets

Just an FYI that the purchase of Raffle tickets is not a deduction even though you may be buying them from a charitable organization. More on charitable contributions: Publication 526  

Continue Reading

Kids as dependents

Your kids qualify as dependents (as a qualifying child dependent) on your tax return when ……. They are EITHER under 19 OR they are under 24 and a full time student for some part of 5 months during the tax year OR they are permanently & totally disabled AND They live with you over 6 […]

Continue Reading