Nov 11, 2014 | Arizona Income Taxes, Federal Income Taxes, Individual Income Tax Returns
The two types of “claimable” dependents are a qualifying child or a qualifying relative. A qualifying child is one that is either biological, adopted, a foster child, or a brother, sister, niece, or nephew that is under the age of 19, and abides at the...
Nov 11, 2014 | Individual Income Tax Returns
This is an important factor when calculating taxable income, and this status is defined as the type of tax form an individual will use. It is based on family situation and marital status. There are five status categories: single individual, married but filing...
Nov 11, 2014 | Individual Income Tax Returns, Taxable Income
The two types of exemptions are personal exemptions, and exemptions for dependents. You are allowed to claim exemptions for yourself, each person you claim as a dependent, and your spouse. In 2014, you can claim up to $3,950 for each qualifying child, while you and...
Nov 10, 2014 | Arizona Income Taxes, Individual Income Tax Returns
Whether or not you need to file an Arizona individual tax return will depend on a few different factors which are: the amount of money you have earned for the prior year, the source of that income, your age, and your filing status (married, single, etc.). For example,...
