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| *Loan,banking and credit>>>child tax |
Can someone else claim my children as dependents if i use them for unearned income tax credit? |
Can someone else claim my children as dependents if i use them for unearned income tax credit? Firstly....its the Earned Income Credit. Secondley, "kid sharing" is an easy way to draw the attention of the IRS and getting your own EIC denied for the next 10 years. No. And it's EARNED income tax credit, not UNearned. There is no credit for unearned income. No. Only the parent can claim a child as an exemption. If someone else tries to claim them, the IRS computer will see the child's scoial security number was claimed twice and that will raise a red flag or perhaps an audit. Sure!!! while you are at it add you dog and cat and don't forget that groceries are actually tax deductible not to mention cigarettes etc. etc. sheesh!!! some people! As far as the dunce that works for H and R block (I know I won't be going there for my taxes, actually who does?) you should be fired...the lady wants to claim the same kids on two seperate filings arrrrgggg!!!! read the question!!!! irs.gov ...I suggest you read it!! Yes the dependency exemption may be given away to a non-custodial parent. Typically this requires a signed 8332 form which you can get online at www.irs.gov. Just make sure whoever does both of the tax returns claims them properly or you could run into a huge headache getting it straightened out. Tax Accountant with H & R Block |
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