If you are the custodial parent then you get to file as Head of Household; you get earned income credit, and you get the childcare credit if you pay someone to take care of the children while you work. IF you sign a Form 8332 for the other parent that parent gets the child tax credit. The other parent does not get any of the other child-related credits--only the child tax credit for the child or children they enter on their return.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
