She is a financial therapist and transformational ... Moyo Studio / Getty Images Claiming a dependent on your tax return can significantly reduce your tax liability and make you eligible for ...

If you are a dependent when we estimate your need, the financial status of your parent(s) will be taken into consideration as well as your own.

The parent who is entitled to take the child as a dependent can also “waive” their exemption if there is a financial advantage to doing so for the parents,” says Armine Alajian, Founder and ...

The non-refundable tax break can help working families afford quality care for their child or qualifying dependent.

One way to offset such costs is by taking advantage of a dependent care flexible spending account, if your company offers one as part of its benefits. A dependent care FSA is a tax-advantaged ...