@SingleDad wrote:
After the custodial parent signs the F-8332, then what do I do? Do I just file that in my tax returns to get the tax-credit? Or do I have to change my W-4 as well?
Sorry, a complete stranger to these forms and tax credit.
You are getting 2 separate things confused ... first the 8332 only gives you the right to claim the child on the tax return ... it has nothing to do with the W-4. It simply gets attached to the tax return you file.
The W-4 doesn't have to match the tax return at all ... so you could just not claim the child on the W-4 if you like and get a bigger refund in the end (and if there are any questions about your getting the 8332 at the end of any tax year it is better that you don't claim the child in advance). If you do claim the child on the W-4 step 3 and you do not claim the child for any reason you could wind up owing on your tax return.
