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The standard deduction for kids is 1,100 for the 2021 tax year. This deduction reduces the amount of a child's income that is subject to taxation, lowering their overall tax liability.

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7mo ago

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Does lack of cognitive development affect kids emotionally?

Yes, a lack of cognitive development can affect kids emotionally. When children struggle with tasks that others their age can easily perform, it can lead to feelings of frustration, low self-esteem, and a sense of inadequacy. These emotional challenges can impact their overall well-being and social interactions.


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play dough is fun for kids but kids that are really young can choke on it


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if you have kids, it can really impact their lives.


Who decides what parent can claim kids on income tax?

The parents if separated have to work it out themselves, or it's whoever has them 6 mos or more, but both can't claim the deduction.


Are parents responsible for a 20 year old driver in Florida?

Shouldn't be - liability for kids usually stops after age 18 ... but ... parenting goes on forever - they are still your kids no matter how old you or they get.


What are the advantages of filing 'Married Filing Jointly' over 'Married Filing Separately'?

Also, you can't claim certain things as married filing separately as you can married filing jointly. The advantage is a bigger standard deduction. This is the amount the IRS subtracts from your income for the year. Say, you made $30,000 and your spouse made 36,000. Filing separately you would have only received a combined deduction of say...$6,000. Filing together, with your income combined, you might have a deduction of say $7,000 or more. It's been a while since I've prepared taxes, don't take my word on the exact #'s. HELL NO! It your deduction was 5000 and you paid 25000 in tax that would be 20% if you were married and your deduction was increased to say 10,000 and you AND your spouse paid 50,000 in tax that would be 20% There is no actual striaght benifit. Depends on what you make over all , vs what deductions u each can claim. Kids, COsts etc what you paid in tax etc.


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What is the standard height for a kids urinal?

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