Archived
I have taken in a homeless child as of July 1st...can i claim him on my 2011 taxes. No one else can claim him.
F's answer
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Answered on July 28, 2011
In order to qualify as a dependent for tax purposes and take the exemption, the child must be a "qualifying child" of the taxpayer which means for...
Archived
Are attorney fees deductible - tenant sued and I won the settlemetnt
F's answer
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Answered on February 11, 2011
The general answer would be they are deductible assuming they are ordinary and necessary expenses and you otherwise meet the passive loss rules. In...
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