7 Tax Benefits of Owning a Home: A Complete Guide for Filing Now and Next Year » Mortgage Masters Group

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Tax Rules for Claiming Adult Dependents – The Balance – In the meantime, you can still benefit from claiming dependents to some degree because having them can make you eligible for other tax perks, including the advantageous head of household filing status and the Child and Dependent care tax credit. And the TCJA adds a new tax credit for non-child dependents from 2018 through 2025.

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Tax deductions for homeowners | H&R Block Newsroom – Tax tip for homeowners #1: itemize all possible deductions. Taxpayers only benefit from itemizing if their itemized deductions are bigger than the standard deduction. The standard deduction for 2017 is $6,350 for single taxpayers and $12,700 for married taxpayers filing jointly.

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