Who Is My Dependent?
October 14, 2020
Hosted by Marcelino Dodge, EA
Who to claim as a dependent on a tax return can range from being simple to very complicated. The IRS has tests that must be met for you to claim an individual as a dependent. For married parents claiming their children, it can be relatively simple. However, other situations, such as divorced parents, single parents, living with a grandparent, and other unusual circumstances can cloud who is eligible to claim a child. You must have the correct filing status. What do I do if the electronic filing is rejected because my dependent was claimed on another tax return? What tax credits can I claim for my dependents? Can I claim my child going to college? This episode will help to clear up the waters and answer these questions.
The Tax Answers Advisor
Thursday at 9 AM Pacific Time on VoiceAmerica Business Channel
This show’s purpose is to teach the importance of working together year-round with an Intelligent Solutions Management Advisor (ISMA). We help our listeners to understand the importance of using a licensed, credentialed tax preparer, such as an Enrolled Agent (EA), to prepare their tax return. You will learn how a proactive approach to rapidly changing tax laws will help you to pay the least amount of income tax possible. You’ll learn by working together with an ISMA year-round you will be able to increase your personal and/or business cash flow as much as humanly possible. Together we can help you create tangible strategies to achieve success so you can maximize your tax deductions and tax credits now, and also keep tax liability down in the future no matter what Congress does. The Tax Answers Advisor can be heard every Thursday at 9 AM Pacific Time on the VoiceAmerica Business Channel.
Marcelino Dodge, EA
Marcelino Dodge, an Enrolled Agent since March 2006, is an experienced tax professional who has over 21 years of experience. An enrolled agent is a federally licensed tax professional who is authorized to represent taxpayers before the IRS. Mr. Dodge owns and operates Cash Tracks Financial Inc., a tax, accounting, life insurance and investment advisory business.
Mr. Dodge has been life insurance licensed since 1995 and investment licensed since 1996. He is uniquely qualified with a background consisting of more than just accounting and tax preparation. He is knowledgeable in many types of employee benefits programs including retirement plans and health insurance programs. Marcelino is uniquely qualified to speak authoritatively on how tax, insurance and investments all work together.
Marcelino has become an Intelligent Solutions Management Advisor (ISMA). As an ISMA, Marcelino now works together with clients year-round to take advantage of tax law changes and to implement proactive tax saving strategies. Plus, by working together year-round he helps individuals and businesses increase they cash flow. He has prepared tax returns for individuals, sole-proprietors, corporations, LLC’s and partnerships. He has been a member of the National Association of Tax Professionals since 2011, and was voted the Lamar (Colorado) Ledger’s People’s Choice Tax Preparer for 2016 and 2017. He holds a Bachelor of Science Degree from Colorado State University in Pueblo.