Even with the help of a good divorce attorney representing you, a divorce can have ramifications that must be taken into account. In this case, we discuss the fact that parents of divorced dependent children may face extra challenges when it comes to preparing their income taxes. For additional divorce guidance visit https://www.thetxattorneys.com/articles/texas-child-support-not-always-as-easy-as-it-looks. Seek the services of experienced divorce lawyers to ensure you’ll be guided in every aspect of your divorce including your finances.
H&R Block Senior Tax Advisor Michelle Bachtel says that’s one of the more common questions she gets. Generally she says the IRS says whoever the child remains with the majority of the year is the person who gets the claim. Family court lawyers Melbourne specializes in representing their clients in family laws such as divorce, separation, child custody, and child support.
“Sometimes though divorce lawyers near Kingston decrees will grant the non-custodial parent the claim,” Bachtel said. “That’s when you hear people refer to splitting an exemption. The custodial parent is still entitled to some credits, like the Earned Income Tax Credit, where the non-custodial parent who gets the exemption is entitled to the child tax credit. It is possible to split an exemption, but there are some very strict rules for doing that.” You can go to this site to talk with a family law attorney. Find a law firm that provides divorce attorney services if you have any legal questions about your divorce proceedings.
Whether you file your own taxes or have them professionally prepared, Bachtel says documentation is extremely important. Her office asks divorced clients to try this website and bring a copy of their divorce decree to keep on file. Every divorce lawyer will suggest that it’s also a good idea to bring a copy of the child’s school record to show proof of residence just in case the IRS questions the claim along with copies of the child’s birth certificate and Social Security cards.
