As tax season approaches, understanding the ins and outs of claiming dependents on your tax return can make a big difference in your financial outcome. In this episode, we’ll unpack the rules around dependents—whether they’re children, relatives, or non-relatives living in your household—and explain how they can impact your tax benefits. Learn the eligibility criteria for qualifying children and relatives, and discover how dependents can open up valuable tax credits, deductions, and even impact your tax bracket. We’ll also cover education benefits and Social Security implications tied to dependents, offering a holistic view of how supporting loved ones can benefit your tax strategy. Tune in to ensure you’re taking full advantage of the IRS guidelines and maximizing your return!