2006-11-20 09:31:13 · 7 answers · asked by lindaafaiken 1 in Business & Finance ➔ Taxes ➔ United States
The person who answered that you can write off your paid child support is wrong. You can deduct from your taxable income any amount paid as alimony, but any amount paid as child support is not permitted. And if you dont pay the full ordered amount, for IRS purposes, the amount due as child support goes first, then alimony.
To answer your question, the custodial parent typically claims the child, unless the court makes a ruling for the situation, or the custodial parent signs something that the noncustodial parent may take the exemption
2006-11-20 10:09:26 · answer #1 · answered by Together 4 · 2⤊ 0⤋
the daddy will finally get audited and could lose. The IRS will call for that he pay off the finished refu nd, will audit him for the previous 6 years and could ban him from gathering EIC for the subsequent 10 years. What he has executed is dedicate fraud. in spite of if he paid toddler help or no longer isn't extremely the venture. to confirm that a NON-custodial parent to declare the toddler, they must instruct that they and the custodial parent paid extra suitable than a million/2 of the finished help (and he did no longer if the toddler substitute into on welfare) and fix a SIGNED type 8332 to the return. To get $5000, he did no longer connect that type. without the form, he substitute into meant to get no longer something. With the form, he *could* are becoming to be $500 to $1500. in no way $5000. Have your sister report a nil return for 2008. (Get a clean 1040A from IRS.GOV, only enter 2008 interior the quest container to get to the form.) Eg, take a 1040A, record the toddler as a based, record $0 because of the fact the earnings, connect a word and positioned up it. The IRS will technique the return, becoming the hyperlink between her and the toddler. which will immediately reason the laptop to question how the daddy claimed the toddler and initiate the study.
2016-11-25 21:44:08 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Child support does not incur a taxable event because in theory child support goes only to the necessities required in providing for the children: food, clothing, and shelter. This is why things like the cost of child care are added on top of the base amount of child support. When married, you were unable to deduct the cost of buying your children clothing, and it's no different now that you are no longer living in the same house.
2006-11-20 09:40:25 · answer #3 · answered by Anonymous · 2⤊ 0⤋
No. Just paying child support does not give you the exemption.
Usually, unless he or she signs it away, the exemption goes to the custodial parent.
2006-11-20 09:39:39 · answer #4 · answered by Wayne Z 7 · 0⤊ 0⤋
Not unless there's something in your divorce decree, or a later signed paper, saying that you can. The parent with physical custody for more than half the year gets the exemption unless there's some other agreement between the parents.
2006-11-20 14:06:03 · answer #5 · answered by Judy 7 · 1⤊ 0⤋
No. You must have primary custody of a child to claim them on your taxes. Parents with primary custody do not pay child support, the receive it.
2006-11-20 09:39:17 · answer #6 · answered by Nev 2 · 0⤊ 2⤋
The custodial parent claims the child, but the parent paying the support can writeoff the amount of support they pay.
2006-11-20 09:39:41 · answer #7 · answered by Ms. K 4 · 0⤊ 7⤋