How do I claim my dependents on my taxes?

In Virginia, claiming your dependents on your taxes can be done by filing a Form 760, Virginia Resident Form, or Form 760PY, Virginia Part-Year Resident Form. On these forms, you will need to list your dependent’s full name, Social Security number, relationship to you, and the amount of money they earned that year. Additionally, you will need to enter the amount of money you contributed to their support during the tax year. If you are filing a joint return with your spouse, only one of you can claim the dependents. The claim should go to the spouse who makes the most money, as this usually results in the highest tax refund. When you submit your forms, you should include the paperwork provided by the dependent’s school or employer to verify the amount of money they earned during the tax year. You should also provide the amount of money you paid for each dependent’s medical and dental expenses throughout the year, as this allows you to take medical and dental deductions. Finally, be sure to keep accurate records of all your dependent’s financial information throughout the year, as this will make it much easier to claim your dependents on your taxes come filing season. With accurate records and the right forms, you can easily claim your dependents on taxes in Virginia and get the highest possible return.

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