@Mansuri wrote:
Hello Halal,
@Hal_Al
I need help here regarding Earned income credit and daycare credit.
My son is 2 years old and lives with me, he visit his father on alternative weekends. Also We are claiming son on alternative meaning he claims on even and I claim on odd years on taxes. Now my concern is I am paying lot of money into daycare and other expenses.
So how can I claim EIC, daycare credit and dependent care credit? Because according to the agreement I cannot claim my child dependent on his turn.
In simple words, is there any particular steps I have to follow while filling online, In a way that I am not claiming him as a dependent but at the same time getting EIC and daycare credit or dependent credit?
If you are the custodial parent where the child physically lived for more than half the year (183 nights) and the other parent is claiming the dependent then:
When you enter the dependent, you say that he/she is "Your child" (not you and your spouse if remarried),
he/she lived with you the whole year,
“no” the child did not pay more than half of his/her own support,
"yes", you have a custody agreement,
and "yes", the other parent is claiming this year.
That will give you the EIC, Child Care Credit and Head of Household filing status if you otherwise qualify.
The child would be listed as "non-dependent EIC & Dependent Care only".
The other (non-custodial) parent can claim the child’s exemption and child tax credit only and needs a signed 8332 form to do so.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
