Your daughter is likely your dependent. The key test is: is she providing more than ½ of her own support?
In the beginning, in 1913, there were no filing statuses. There was just one tax bracket that applied to all taxpayers.
Image courtesy of user "Olyssya" on Pixabay.com Back in 2014 and into 2015, I posted a multi-part series of posts about the history of marriage in the tax code. In 2016 I was asked to condense that series into a CPE presentation. Here are excerpts from that presentation. This series of posts will cover [...]
In this case, the term “interest” means “stake.” For example, if your 401(k) account has a balance of $15,000, you have a $15,000 “interest” in that account.
Iowa is one of a small number of states that has a designation called Licensed Public Accountant.