It cites Section 152 (e) of the Internal Revenue Code on when a child shall be considered as dependent on the noncustodial parents for tax dependency exemption purposes. The provision details the circumstances in which a child will be treated as dependent on both parents under the code....
Divorced or Separated Parents:In cases of divorced or separated parents, the custodial parent is generally entitled to claim the child as a dependent. However, there may be situations where the non-custodial parent can claim the child if certain conditions are met, such as a written agreement o...
Each round of stimulus “check” payments had slightly different rules (and payment constraints) so please ensure you review each payment round separately. Click the links below to jump to the relevant stimulus payment. If you have not received one or more of your stimulus pa...
Internal Revenue Service (IRS) regulations on divorced or separated parents' rights to claim tax deductions on child as dependent. It states that the regulation applies to tax years beginning after July 2, 2008. It adds that if parents are not filing a joint return then the child may be ...
Killer IRS Credit For Children Of Divorced Or Separated...Joe Mastriano CPA