Collectors can pick up small, simple pieces for less than $20. Even large, high quality pieces such as punch bowls, decanters and serving trays can be purchased for less than $500. Furthermore, there seems to be a great deal of confusion among the antique community regarding what is, and what is not, ABP glass.
Rules for Claiming Children. When youâre claiming a dependent who is a child, there are further requirements: 1  The child has to have lived with you for at least half of the year. 2  The child has to be related to you. 3  That means your son, daughter, stepchild, foster child, brother, sister, stepbrother, stepsister, or a descendant of any of those.
Generally, in order for someone to claim a child as a dependent on their taxes, a parent must provide at least 50% of the child's financial support during the tax year. For couples who are still married and living together, claiming kids as dependents is usually a slam-dunk. Using this form, the custodial parent can relinquish the exemption for one year, a number of years, or forever, depending on what the parties agree to. 2  If you relinquish the exemption, you are also relinquishing eligibility for the child tax credit.