The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Non-custodial Parents!!!||Date: 3/18/2000 10:36 PM|
|Author: JOTaxQ||Number: 32091 of 120812|
I am wretchedly confused.
Someone please help.
I am the non-custodial parent to my son who is 17 months old. He lives with mom, though we share joint legal custody.
I pay monthly child support and the only other expenses i have for him (besides toys and clothes) are his prescribed othorpedic shoes and related material.
His mom has informed me that she will claim him as a dependent this year.
Do i have a right to make a mention of the child support payments in preparing my taxes?
Do i have the right to claim him next year?
How do i know if i provide more than 50% of his income?? This 50% thing is so ambiguous...I need definition here !
Please help me out -- JOBoriken@aol.com
Much thanks to whomever can help....
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|