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.
If you support children, relatives, or even non-relatives, then you may be able to claim them as dependents (or dependants, as the word is often misspelled) on your tax return. The IRS definition of a dependent is: a Qualifying Child or Qualifying Relative for whom you can claim a tax exemption.What Are the IRS Dependent Rules? If someone is your Qualifying Child or Qualifying Relative, then you can claim a tax exemption for them, and you may qualify for additional tax benefits.f someone else can claim you (or your spouse, if filing jointly) as a dependent, whether or not they actually claim you, then you are not allowed to claim any dependents of your own (nor can you take any tax exemptions, even for yourself).