Thursday, February 9, 2012

From the category archives:

Tax Excemptions

One child, two separated or divorced parents. Who gets the tax exemption?

by taxnick on May 6, 2009

In many cases situations involving divorce, or those where a child is born of two parents who are not married, there is a question about who is allowed to take the child as an exemption on their income tax return. With the exemption at $3,650, and a potential tax credit of up to $1,000 per [...]

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