WebDec 2, 2010 · Divorced Parents and Education Tax Breaks. Tax write-offs for college expenses go to the parent who claims the child as a dependent -- even if the other parent … WebJan 19, 2024 · In this situation, both parents will collect when each files in different years like you are. It is a loophole in the IRS processing. Since you got the payment you can't get it on your tax return. If you want the other parent to get the stimulus they didn't get yet, let him claim the dependents in 2024. But that won't work if they are 17 in 2024.
Q&A: Separated and/or Divorced Parents Should Ask When Filing Taxes …
WebDec 9, 2024 · A parent who made $ 100,000 a year and a parent who made $50,000 a year would split children's medical expenses 66 percent-33 percent," Chicago-based divorce … WebJan 19, 2016 · Questions Separated, Divorced, or Living Together Parents Need to Ask When Filing Taxes and Claiming Dependents Despite attempts by the IRS to clarify whether or not someone qualifies as a ... the young girls of rochefort youtube
Child Tax Credit: Which Divorced Parent Gets to Claim It?
WebFeb 17, 2024 · The Premium Tax Credit has to be reconciled, but you can ''share'' the policy with her tax return. No, no. If she is the only covered person on the 1095-A, it ONLY goes on her tax return. It does not matter if you are the "recipient" or not - it does not go on your tax return. View solution in original post. 1. WebThe special rule for divorced or separated parents allows only the noncustodial parent to claim the child as a dependent for the purposes of the child tax credit/credit for other … WebFeb 27, 2024 · In tax-year 2024, the maximum child tax credit is $2,000 per qualifying child younger than 17 years old on Dec. 31, and the credit is partially refundable — you can get up to $1,500 of the ... the young god