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.
For example, if only your child is on the student loan, you can't claim the interest payments, even if you claim your child as a dependent. However, if you are a co-signer and pay the interest, you can claim the deduction because you are legally obligated to pay the loan.or example, if only your child is on the student loan, you can't claim the interest payments, even if you claim your child as a dependent. However, if you are a co-signer and pay the interest, you can claim the deduction because you are legally obligated to pay the loan.