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| *Loan,banking and credit>>>child tax |
If someone pays child support, can he/she claim them when filing taxes? |
If someone pays child support, can he/she claim them when filing taxes? You may be able to. This is usually addressed in the divorce proceedings. Yes they can! Am owed alot of money, and i checked to see ex was claiming this even he wasn't paying, he wasn't! If you are paying child support legally the child is not your dependent the custodial parent can declare. The parent receiving the money must declare it under other income sources not from wages or interest. If the custodial parents agrees to allow the absentee parent to claim the child. Only one parent can claim the child as a tax deduction. The best way to handle this is to let the custodial parent claim the child one year and the absentee parent claim the child the next year. This is usually outlined in the divorce agreement or the child support court papers. If you're meaning, can you claim any amount of support paid on your taxes as a deduction? The answer is: NO! You do not and should not get credit for something you should be doing anyway. And child support is not counted as income for the other parent. Alimony is another story altogether. As far as claiming the children, paying support doesn't serve as qualification for someone to claim them. The IRS website has tons of information that can help you determine if you can claim the children and what credits you are qualified to get. IRS.gov personal experience |
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