Who Claims Tax Deductions For The Children

Question: Which parent claims the tax deduction for the children on their return? Answer: Dependent tax deduction for the children generally default to the parent who has primary custody. Even with shared custody, one of the parents has the children in their home more than the other. During a separation, there may not yet be a formal agreement on this issue. In that case, by counting these overnights on the schedule you can determine who actually had more overnights. The exemption also depends upon who pays more than 50% of the child’s living expenses. Even if you are receiving support, which is usually called Pendente Lite (during the penancy of… Read More

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