Income Tax

[BadgerBon]

Hello, I am from Wisconsin. In my divorce settlement agreement, it says that until my income "from all sources" reaches $20,000, my ex-husband will be able to claim our son on his income taxes as a deduction. Once I reach $20,000, he and I will alternate years in which we can claim him. I am now remarried. Does my current husband's income count as the $20,000? We file jointly. Thank you.

 

[Grandma B]

The Judge would have been speaking of your personal income, not that of a future spouse, just as your spouse's income is not considered in calculating child support amounts.

 

[HomeGuru]

Very astute GrandmaB. So the writer should have her husband hire her for the amount needed in order to reach the 20K income.

 

[Grandma B]

Now that is utmost "astutity" (and a wonderful suggestion)!