Question
The parent who pays more than fifty (50) percent of the actual costs of child support may: Share the exemption with the recipient Claim the
The parent who pays more than fifty (50) percent of the actual costs of child support may:
Share the exemption with the recipient
Claim the child as a dependent
Not derive any tax benefits from these payments
Treat the payments like alimony
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The detailed answer for the above question is provided below When it comes to child support and claiming a child as a dependent for tax purposes in th...
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Income Tax Fundamentals 2019
Authors: Gerald E. Whittenburg, Steven Gill
37th Edition
1337703060, 1337673218, 9781337673211, 978-1337703062
