Based on the tax law effective for 2018, it is no longer important to determine who is a taxpayer's dependent because the deduction for dependency exemptions is zero.
Yes as per effective tax laws 2018 it I no longer important to determine who is a taxpayers dependent because the deduction for dependency is zero.
as per tax law effective 2018 there is no need to determined who is taxpayers dependent because deduction for dependency exemption is zero.so as per tax laws effective for 2018 deduction for dependency exemption is suspended for tax year 2028 through 2025 by the tax cuts.so above statement is true .
for taxpayer to claim a dependent the following condition must be net.
1.dependent must be either a qualifying child or qualifying relative.
2.if taxpayer may not claim a dependent if the taxpayer may be claimed as a dependent on another taxpayer retrun.
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