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The allocation division is totally up to you as long as 100% is reported on the combined returns ...usually the party paying the premiums will take 100% and the child 0% however that is not written in stone. You really should work the numbers to see what allocation works best for both returns.
The allocation division is totally up to you as long as 100% is reported on the combined returns ...usually the party paying the premiums will take 100% and the child 0% however that is not written in stone. You really should work the numbers to see what allocation works best for both returns.
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