Many people experience changes during the summer. These changes could be big, like getting married, or common summer activities, like sending the kids to summer camp. These activities can also have an impact on how much taxes you will need to pay. Here are a few summer activities and tips on how you should consider filing them during tax season.
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Getting Married
Summer is a love-filled season! If you recently got married, there are a few things you can do to make filing your taxes easier. First, if your name changed, make sure to let the Social Security Administration know. Make sure to also tell your post office, employer, and the IRS about any change in your address. To officially change your address with the IRS, you’ll need to fill out a change of address form. -
Sending Your Kids to Summer Camp
If you sent your child to summer camp this summer, the expense could be eligible for the Child and Dependent Care Credit. -
Traveling for Business
Your kids might have been on break this summer, but you weren’t. If you traveled away from home or your main workplace for work reasons, you might be able to get a tax deduction (even when it’s not summer too). -
Home Improvements
When it’s summertime, many people have a list of things to do around the house. If you made some sizzling summer renovations around your home, you might be able to take advantage of potential tax benefits.
- Energy-Savings Changes
If you made certain energy-saving changes to your home visit the Energy Efficient Home Improvement Credit page of the IRS.gov to determine if you qualify for a tax credit.
- Energy-Savings Changes