- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@Opus 17 wrote:
If you are supposed to let the other parent claim your child, you have to give that parent a form 8332 dependent release. That form allows the other parent to claim the child tax credit. The ability to claim EIC, the child care credit, or use the child to qualify for head of household status always stays with the custodial parent and can't be waived, transferred, or shared. The other parent can't claim the child as a dependent without a signed form 8332 from you.
If you have been alternating custody in previous years without using form 8332, then both you and the other parent have been filing incorrectly. You may have been losing additional tax benefits you were supposed to get. You may want to consult with a professional tax advisor.