loan,banking and credit
*Loan,banking and credit>>>child tax

Do you have to list child support as income when fililng taxes?



Do you have to list child support as income when fililng taxes?

yes you do, but its not taxible, and not a write off. the kids, however can be listed as dependents.

this'll help...
http://www.irs.gov/faqs/faq4-5.html... Source(s): http://www.divorcelawinfo.com/
http://www.divorcelawinfo.com/calculator...
http://www.divorcehq.com/deadbeat.html...
http://www.lawchek.com/library1/_books/d...
http://www.singlemoms.org/info/main.htm...
http://www.singlemotherresources.com/...
http://www.angelfire.com/nj4/njcomputerc...
http://www.parentswithoutpartners.org/ch...
http://modestneeds.org/
http://freecycle.org/
http://www.salvationarmyusa.org/usn/www_...
http://www.redcross.org/where/chapts.asp...
yes
There's a seperate line for child support received, under "other sources of income" so yes.
If you are the recipient of child support NO, it is NOT listed as income. If you receive spousal support, however, then that is listed.

mb
Child support is neither taxable nor deductible on your US federal income tax return. Alimony, on the other hand, is.
IRS Publication 504
Divorced or Separated Individuals
http://www.irs.gov/pub/irs-pdf/p504.pdf...

IRS Tax Topics 422
http://www.irs.gov/taxtopics/tc422.html...
Tags
tax year income tax business tax car tax child tax cigarette tax corporate tax estate tax import tax inheritance tax
Related information
  • Do you have to list child support as income when fililng taxes?
  • Absent parent owes me back child support but must not file taxes, what other steps todo?
  • Can my fiance claim my 2 children and myself on his 2006 tax return?
  • If i have a child and she turns 18 do i get to count her on my taxes even if i payed child support half a year
  • Do you get money back from taxes if you have a child?
  • How much do u get back for taxes this year for 1 child dependant?
  • Is it legal for a married couple to file taxes separately and claim 1 child each of 2 children?
  • Lawmakers are pushing for a $1 cigarette tax increase to pay for children's health care?
  •    

    SiteMap--Copyright/IP Policy--Contact Webmaster
    For personal non-commercial use only.