exemption

1912, 2012

Minneapolis Divorce | Tax Issues and Children

December 19, 2012|

The tax benefits for a qualifying child are: 1) Head of Household filing status; 2) Child and Dependent Care Credit; and 3) Earned Income Credit.  These three benefits can only be claimed by a parent who meets the definition of a custodial parent pursuant to Internal Revenue Code 152(e)(4)(A).  There [...]

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