Tuesday, April 19, 2011

My fiance and his twin boys are on my insurance? How do i claim this on my taxes?

At my job, my fiance is considered my domestic partner, as well as on my medical dental vision insurance. Now due to us not being married I cannot claim the boys as dependents that is on him.He has joint custody, and was nice enough to pay child support. But my question is due to the boys and him being on my insurance how can I claim that, since I do pay a lot more than would for myself?
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Simple. Get married before the end of the year. OH! before getting married just for the deduction, this is one of those really hard deductions. You must itemize and the total of all medical expenses are reduced by 7.5% of your gross income!
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