What Kind of Stuff Can You Claim on Your Taxes?

Answer By claiming deductions when filing your taxes, you can cut your tax bill. Many Americans choose the standard deduction, which everyone can claim without having to document it. Other filers give tha... Read More »

Top Q&A For: What Kind of Stuff Can You Claim on Your Taxes

What Can You Claim As a Home on Your Taxes?

Although your primary residence provides a valuable income tax advantage, you can claim more than one home for some purposes. The tax effect of claiming homes other than your principal dwelling dep... Read More »

What does it mean to claim yourself on your taxes?

When you claim yourself on taxes you are claiming a personal exemption;this exemption reduces your taxable income by $3,650 (as of 2010). You cannot claim this exemption if someone else meets the t... Read More »

Can you claim your brother-in-law on taxes?

You cannot claim your borther-in-law as a dependant simply because he is your brother-in-law.However, in most cases, if you provide more than 50% of his support in terms of housing, food, medical c... Read More »

Can you claim a newborn on your taxes?

Publication 501 of the Internal Revenue Service details the requirements for a qualifying child. You can claim a child who has lived with you for more than six months. Newborns, however, can be cla... Read More »