In comparison, the pamphlet says, USHealth Group's portfolio is exempt from PPACA mandates, giving you the flexibility to choose the coverage options that work best for you, your family ... and your budget!. One kind of non-compliant plan sold by US Health Group is known as fixed indemnity or fixed benefit coverage.
NewVillage/iStock/Getty Images. When a sibling meets Internal Revenue Service requirements as a dependent, you may benefit from substantial tax breaks. You get an additional dependent exemption and possibly other deductions, such student loan interest paid. In addition, you might be eligible for tax credits such as the Child Tax Credit, Dependent Care Credit, Earned Income Credit and American Opportunity Credit.
But the extra expense of additional family members can put a financial strain on you. The rising costs of food, electricity, gas and water can all add up quickly. To help you get back on track, you might be able to claim these housemates on your taxes, just like your children, if they meet certain criteria. There are a few simple rules to help you decide who you should and shouldnât claim as a dependent: DO claim all children that were born within the tax year. Even if your child was born on December 31, they may be able to be claimed as a dependent on your taxes. DONâT claim a child that has lived with you for less than six months of the year.