topic Re: EIC in Deductions & credits

EIC

Teeter22 — Sat, 07 Mar 2020 01:38:49 GMT

My boyfriend and I doesn’t live together but we split the Childrens time with us 50/50. Can i claim 2 of them as dependents AND 1 eic while he claims 1 as a dependent and 2 with eic? How does that work? I answered the questions in the tax return but it’s rejecting my return. With me claiming two of the kids as dependents but all 3 are on my eic. For him it’s one child as dependent and all three on eic.

Re: EIC

ColeenD3 — Sat, 07 Mar 2020 01:55:43 GMT

The parent the child lives with, the custodial parent, can claim Head of Household, Earned Income Credit and Child Care Credit. If they choose to, they can release the exemption to the other parent. If that happens, the non-custodial parent can take the dependency and the Child Tax Credit.

Re: EIC

Carl — Sat, 07 Mar 2020 02:09:32 GMT

Just a head's up.

Coleen's response assumes that both of you are "in fact" the biological parent's of both children. If one of you is not the biological parent then the non-parent has absolutely no claim to the children unless they lived in their household every single night of the year.